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Strategies & Market Trends : Rande Is . . . HOME
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To: Rande Is who wrote (48551)3/7/2001 3:01:47 PM
From: GREENLAW4-7  Read Replies (1) of 57584
 
MCDT and CORV, 2 stocks I have recently added to my LONG- LONG list for 2002. Rande are you a mind reader?? LOLOL

Regarding MCDT, living here in R.I. and working in MASS, I have several friends that work for EMC. After MCDT went public they did tell me EMC funnels a great deal of their contracts to MCDT over both QLGC, and EMLX. I do not know enough to say MCDT is in the same class as QLGC, EMLX or BRCD but they do have some incredible growth going forward.

Secondly I have noticed after VRTS earnings call last week that the MCDT space has been holding up very well. I bought my shares at 19.

Regarding CORV and its potential for a move above 15-18 in the near term. I owned NUFO during its lock-up expiration. It went from like 57-18 in 3 weeks during those first 3 weeks. It was really relentless and very similar to CORV insider sales. After the 3rd week the selling dried up, and the stock went from 18-29 in 1 day, then 29-44 in like 2 days!! It never reveisited the 30's until recently with the OPTIC CRASH IN FEBRUARY!

My point is this low of 8-9 may very well be an artificial and temporary position. I expect the selling to abate in the next 2 weeks, and if they do announce any new contracts the greedy shorts who are risking for 6 will take CORV back to the 20-24 range in no time.
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