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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who started this subject	6/15/2001 7:09:29 AM
From: Rande Is	Read Replies (4) of 57584

Nortel cutting outlook, jobs and dividends. Nasdaq futures changed instantly from +10 to -12. [now down 21] S&P futures followed suit. Nortel is building themselves a reputation among traders. . . . for negative surprises. And I still question whether foreign companies may warn foreign analysts ahead of U.S. Regulation FD requirements. 48 cents per share operating loss. First call estimated a 6 cent loss. Ouch! May be some apples and oranges here [taking a charge, etc.]. . . but it is fairly close to accurate. Related news: JDSU CEO says, "unprecedented slide in business". ABN and First Union downgraded today. All in all, Fiber stocks not looking so good here. But I am still excited about the prospects of Interactive TV stocks. . . and am quite anxious to start buying them in the single digits when we finally hit bottom. [I love buying stocks in single digits.] Rande Is

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