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Technology Stocks : Hybrid Networks Inc (HYBR)

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To: A. Charles who wrote (1100)1/18/2001 12:09:01 PM
From: Rob S.  Read Replies (1) of 1110
 
HYBR has a contract with Sprint to supply equipment and services for their wireless network expansion. This should heat up by the end of the year and become much more visible. The stock chart TA looks like it is oversold but there is not as much accumulation going on as in VYYO or GSPN and some others in the sector. I bought some at this level expecting it to tract the revival in the sector. If the earnings are ok and the guidance looks good, the stock should vault up quickly. These wireless stocks can move 50%-100% quickly from their depressed levels. Conclusion - HYBR looks like a worth while gamble because the stocks appears to have found a bottom and has significant potential to snap back.
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