Let me be the first to capitulate :
Message 15628057
hehe ...have to call an end at some point ,
even though some "gemmy" Gurus' were
calling CIEN much lower.
But the next fed-cut & earns runs
keep hopes alive.
then short like dickens, selectively
You can't get too rapt up in being too bearish,
I know I do , and that's when I use myself for
being the best " contrarian indicator. "
(did get "clipped" a bit in some Bios , today though )
You made a good call AM....congrats !
* INFY getting killed tonight:
Infosys <INFY.BO> dives to 18-mth low
BOMBAY, April 11 (Reuters) - Indian software leader Infosys
Technologies <INFY.BO> plunged 16 percent to an 18-month low on
Wednesday on concerns over outlook after it announced lower
than expected earnings for the fourth quarter, analysts said.
The stock fell to 3,238.85 rupees -- the lowest level since
September 1999 when it struck 3,050 rupees.
It dragged the market down , the benchmark Bombay equity
index falling over three percent to the day's low of 3339.73
points. It is already at a 23-month low.
Infosys announced a net profit of 1.82 billion rupees for
the January-March quarter against a Reuters poll consensus
estimate of 1.85 billion rupees.
For Infosys results double-click on [nBAY001214]
((Bombay newsroom, +91 22 265-9000 fax +91 22 264-1699,
umesh.desai@reuters.com))
REUTERS
*** end of story *** |
