SDL, Inc. [Nasdaq: SDLI] Message Board

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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: pat mudge who wrote (3119)	10/21/2000 1:20:23 PM
From: sam	Read Replies (1) of 3951

Pretty much the same action in most f/o stocks on Friday (currently the only sector I am fully invested). SDLI's stunning earnings performance caused unrelenting waves of buyers -- quite literally a "buying panic." Much like the selling panic we had seen for days. Market is such now that -- from a trader standpoint -- mistakes are not tolerated. If a stock runs, there are few, if any, "pauses" or reprieves -- meaning a "panic" can feed upon itself. Moreover, lots of shorts had been piling into the sector for weeks waiting to break the back of the last technology sector with any sort of staying power. Many still have not covered...which will only make the "panic" worse. How many times did I read that the market was "revaluing" and that "telecome spending was going to cause a slowdown in equipment sales." Both comments, though perhaps true for some sectors of the technology market, may not be so relevant for the f/o sector. Lucent aside, there simply is no evidence whatsoever of a slowdown in the buildout of fiber optic networks. Indeed, the component companies are increasing capacity at record levels and STILL can't get enough product out the door fast enough.

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