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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: jeremy_atticus who wrote (32975)3/10/2001 10:31:24 AM
From: Voltaire  Read Replies (1) of 65232
 
Right now,

NEWP - if there is a company with better fundamentals and as you know that has never been my one criteria, then show me that company.

CEO - is extremely concerned about them being bought out at this low price. There is only about a 25 million float. What you have here is a company with a market value of less than one billion with revenues of around 600 million. Think about it. They are the AMAT of fiber optic arena with practically no competition and CEO has already restated last week that they would meet or beat estimates.

THEN WHY HAS STOCK BEEN FALLING? Reason - I am convinced that the shorts have simply gone to every company in the High Tech arena that has not warned and shorted them on the probably correct assumption that they MUST warn. I really believe this CEO because they are in the front end of the fiber optic chain with TESTING EQUIPMENT etc.

I LOOK FOR SOMEONE TO MAKE A BID ON THEM PRETTY QUICK UNLESS THEIR PRICE TAKES OFF WHICH IT SHOULD.

V
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