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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Oak Tree who wrote (32202)5/11/2001 2:08:59 PM
From: Johnny Canuck  Read Replies (1) of 68330
 
Your SONS and EXTR short are looking good so far.

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13:53 ET Juniper Networks (JNPR) 54.15 +0,54 (+1%): Incorrect information making the rounds that JNPR will not be at the CIBC Telecommunications Investor Conference on June 11/13. Companies CFO has backed out but JNPR will be represented at the conference.




13:15 ET Sonus Networks (SONS) 28.10 -1.19: Stock under pressure over the past hour; many rumors and some facts hitting the issue. As we noted yesterday, Sonus customer Broadband Office, a privately held company, filed for Ch. 11, and now there are rumors of trouble at another privately held SONS customer (though the name we're hearing just closed a financing round 3 months ago). Also hearing some talk that the company will soon file for a secondary offering.
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