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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: Johnny Canuck who wrote (27060)	6/19/2000 1:54:00 AM
From: Suresh	Read Replies (3) of 68241

Hi Harry, Corvis has the essential VC (Kleiner Perkins) and initial investors (Cisco). I think as you said it will be a good trading stock but I don't expect people who buy at the open to make any money on this immediately. On a totally different topic..it appears to me that as each technological milestone is reached in any product cycle, the rate of adoption is increasing and the whole cycle is probably getting compressed... What I am trying to say is that the new product growth is almost exponential because every damn company in that field has access to excess capital. I think many people will be left blind sided when these companies enter 4th or 5th year of growth cycle if the current valuations continue for another year or so... Later, Suresh

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