Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 694.07

-0.2%

Jan 29 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (32382)	5/21/2001 1:53:11 PM
From: Johnny Canuck	Read Replies (1) of 70240

11:27 ET Sector Watch: Telecom Equipment : General tone in telecom equipment space has been cautious over the past month as risk to earnings remains high. However, investors finally beginning to return to the sector, attracted to alluring valuation of Tellabs (TLAB 40.25 +1.7) and positive price momentum of Advanced Fibre (AFCI 22.95 +1.06), which has seen its multiple quickly balloon to 60. Now seeing ADC Telecommunications (ADCT 10.11 +0.20) begin to participate, with stock making new 2-month high today. While still pricey, its multiple of 31.5x forward estimates sits at about the midpoint of the TLAB and AFCI.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next