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.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 659.00+1.0%Nov 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Suresh who wrote (27127)7/6/2000 7:53:06 PM
From: Johnny Canuck  Read Replies (3) of 68181
 
Suresh,

Out of AMCC at 117 and change. It was moving too fast to get the high price.

AMCC has typically only beat by a penny in the last two Q's. The options table inidcates it needs to finish near $110 to cancel the most call/puts at par. Upper BB is at $114.

The CSCO contract is good news for forward guidance, but the greater than expect decline in NT business is still an unknown from the prospective of whether this is due to greater revenue from SCMR, JNPR and CSCO or an absolute decline in NT revenues.

Q over Q and Y over Y revenue growth will be what the company will be judged by this Q. The acquisitions of the last Q will distort income.

Given the options table there should be time to re-entry if earnings and forward guidance are good.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext