Oh Ya, I got NEWP alright, an excellent price at $21-7/8, but more patient observers got it even lower. I am not in the quintet except SCMR which I thought was close to bottom at $7 and change. If this CSCO induced rally is real, then good candidates for strong bounces should be in the Optics/semi and I-net infrastructure sectors, including things like QLGC, EMLX, SCMR, CIEN, AMCC, PMCS, and their suppliers like NEWP and VECO, and maybe even BRCD and BRCM. I am fully loaded right now, so I will not change horses for now. In sympathy with BEAS we could see MERQ and possibly even CMRC and ITWO taking a short run.
Zeev |
