Steve's Channelling Thread Message Board

STOCKTALK

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 : Steve's Channelling Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (3401)	7/20/2000 9:03:58 PM
From: Logain Ablar	Read Replies (2) of 30051

Hi Zeev: I am just back from being out all afternoon. Yes WSTL was one of the lucky ones. Glad your on board. You re brought this to my attention before it crashed to $15. I used to own Amati when WSTL tried to acquire them a few years back. It was toooooooo early to invest in DSL companies then. I was rotating out of some positons this am and tried to grab some more. Had partial fills on SNDK and WSTL today. ON WSTL I do expect a secondary but also expect to hear more good news. I won't be around for $40 even if its going to $60. The holy one has problems and people don't see it. Competition for one. Competitor products are showing up in cell phones and lap tops. The holy one does not seem to be 1st choice. GSTRF is having problems so any sales here are much less than anticipated. Also you know manufacturing and sales. The buyer always tries to get the best price and push off an order till the end of the quarter if possible. Once we didn't hear anything in early July I mentioned I would bail. The roll to WSTL worked fine. I think we'll find support around $17.5 (but I haven't checked charts this is just from memory). Remember back in November time frame 17ish was resistance for a short bit (the stock breached to 19 interday but closed below to 15ish for a week or so before breaching it. I have a ton of reading to catch up on BUT obviously SNDK and WSTL had great cc's (this is only from what I read, I missed both). QLGC also seems like it did fine. ANCR is still a drag with the dilution but I expect the up trend to continue next week. Have a good night. Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next