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Strategies & Market Trends : Trend Setters and Range Riders

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To: bobby is sleepless in seattle who started this subject5/30/2001 2:05:33 PM
From: Frederick Langford   of 5732
 
Large equipment makers all moved lower, except for Lucent Technologies. Tellabs (TLAB, Trade), Juniper Networks (JNPR, Trade) and Nortel Networks (NT, Trade) headed the decliners, off 5-8 percent. Morgan Stanley downgraded those stocks on Wednesday, saying the companies might not start to recover until the fourth quarter.
Shorted JNPR twice today, still short TLAB.
TLAB broke a double bottom support and the was negative VZ news for TLAB on CNBC..

Fred
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