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Technology Stocks : Emulex, What Prospects?

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To: Conan who wrote (771)1/31/2001 9:59:26 PM
From: 2MAR$  Read Replies (1) of 788
 
I absolutely concur , that news releasing on the day of the Fed "sell on the news" rate-cut, made it very easy to
decide to target EMLX for a short.
Actually I had been doing so for several days on spikes .

No-one holding EMLX from the split can complain
one iota , almost a complete double.

*trading up here at $220/shr this am spike (pre-split) today
was a set-up for a perfect short , and so short it I did, and covered low 90's. PE still a little lofty .

BRCD was another .

regards.

Mars

Caught a nice dip for WEBM A/H low 80's , I am an agressive trader , and don't see buying any of these
up here at these levels as an " investment."
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