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Strategies & Market Trends : Steve's Channelling Thread

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To: vampire who wrote (2397)6/14/2000 11:44:00 AM
From: anandnvi  Read Replies (1) of 30051
 
HLIT...

The sell-off puzzles me as well. On day one, I was wary that this may be another ctxs but I got bolder the next day. I bought a few shares on both days, looking for the rebound - there arent too many companies in the optical area out there with a market cap of 1.2B and a P/E of 40. Beyond these facts, I havent done much DD though.

Good luck
Anand
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