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Strategies & Market Trends : Rande Is . . . HOME

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To: DonnaS who wrote (19476)	1/26/2000 12:43:00 PM
From: Rande Is	Read Replies (3) of 57584

Donna, I believe we are in a consolidation mode on LPTHA. . .remember when we were consolidating around 19? We actually drifted to about 16 before making our steady sprint to the mid 30's. . .consolidation above 30 is VERY healthy. . . and if it drifts back to about 29 I'll be looking for it to make a similar advance. . . Now, watch GLW very carefully. . . .[this is a good one to pour some of our LPTHA winnings. . . as is JDSU]. . .the reason I say watch GLW [Corning] carefully is that LPTHA has been tracking GLW. . .and much of the advances in LPTHA were merely sympathy moves to GLW, since it is considered to be the optical leader. Big money has been coming into GLW of late. . . speaking of which, how about just this morning. . . a $350 million dollar order for GLW started. . . the stock is trying to facilitate that order, but it may take several days. . . it is currently up 5 bucks and over the past 3 weeks has seen some truly dramatic gains. Corning makes the glass that is used in many fibre optic systems. . . and because I believe LPTHA moves in sympathy with GLW. . . and due to this massive buy order. . . I would have to predict that LPTHA will track back to the mid-30's where it will consolidate. And while we are at it. . . the switches that LPTHA and their subsidiary, LightChip make are extremely important in the future of the internet, communications and even computing. . . .so it is my belief that we are not holding a flash in the pan here. . .but perhaps a major player in the race toward all-optical communications and computing. . . .similar to what Cisco is to the current technology. And if they do not get bought out soon, I will be very surprised . . . and happy. . .I don't want them to get bought out until after they reach $120 per share. There you go. . . put me out on my limb again. Rande Is

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