SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Emulex, What Prospects?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bald Man from Mars who wrote (300)4/2/2000 11:25:00 PM
From: Jack Hartmann  Read Replies (1) of 788
 
That is the downside. I guess the TSCM boys took a beating worse than us.
"Take a look at Emulex (EMLX:Nasdaq - news - boards) yesterday. The stock dropped 57 points because a Morgan Keegan analyst talked about new competition -- competition, by the way, that we don't even regard as serious. We don't like losing 57 points. We like to get out before our stocks lose 57 points. You can't do that if you ignore the budding competition coming to the Web infrastructure businesses."
This kind of movement has got to have plenty of daytraders hopping on this to play either side.
Jack
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext