SONS Message Board - Msg: 14263745

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Technology Stocks : SONS

SONS 7.830

+2.8%

Nov 28 4:00 PM EST

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To: JRandleman who wrote (53)	8/23/2000 4:59:56 PM
From: Mr. Big	Read Replies (1) of 1575

GSCO is their main underwriter and price is absurd though I expect this stock to be a great trading vehicle only. The retracement from the recent high of $281 presents a great buying opp soon. 3-1 stock split will a possible future motivator as well the shorts and GSCO will be there to take us higher after we bottom. Catching the bottom is the million dollar question. I expect we'll see the intermediate bottom in the next week and then retrace to 170, 200 and possibly 220 on the backs of shorts and GSCO. Sonus also has some blue-chip backing: Goldman Sachs is its lead underwriter and Matrix Partners, North Bridge Ventures and Bessemer Venture Partners are VC investors. The company has some big customers, including Williams Communications (NYSE: WCG), Intermedia Communications (Nasdaq: ICIX) and Global Crossing (Nasdaq: GBLX).

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