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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (13259)	3/19/2001 2:05:57 PM
From: Jdaasoc	Read Replies (1) of 30051

Zeev: JPM H&Q comments on RMBS and APWR. investor.cnet.com We know the RMBS story pretty well;any comments on APWR. JPM was lead in recent secondary offering. Any similar parallels to those CREE secondary offering investors who ponied in at $40 in Oct only to see price of $15 now. CREE was claiming LED production sold for next 18 months at firm margins only to see that story melt away with downturn in handset market. I see a lot of parallels with APWR with solar power. If I belive Yahoo, 3 M out of 6.4 M shares in float of APWR shorted. john

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