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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: IA who wrote (27186)6/27/2000 12:30:00 PM
From: Johnny Canuck  Read Replies (1) of 68226
 
Thanks Inder,

No I did not know about it. It looks similar to DIGL and I have never been able to understand the excitement about that stock. The market for test equipment is small in comparison to the optical component market and growing capacity by 100 or 300 percent a year does not translate into long term sales growth. Once you have deployed a finite amount of test equipment you don't need anymore. There are only some many trained fiber optic engineers and technicians that know how to use the stuff.
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