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Technology Stocks : Emulex, What Prospects?

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To: mact who wrote (315)4/3/2000 4:56:00 PM
From: Street Hawk  Read Replies (1) of 788
 
I must have bought it when you got stopped out.

Got in at an avg of around 85.
EMLX has good earnings in a super growth field of network fibre channel hubs, playing this for a bounce, I am super long it at this point.
Margin selling crushed this stock lower, unbelievable #s of daytraders getting screwed on this stock. Lots and lots of daytraders caught with their pants down.

I think we see triple digits on this wounded warrior within the next couple of weeks.

Good Luck.
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