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Strategies & Market Trends : Moufassa's Lair

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To: Mark Konrad who wrote (2326)12/7/2001 10:08:54 AM
From: Mark Konrad  Read Replies (2) of 13660
 
FIBR...knee-jerk negative reaction to earnings report seems to have provided a very brief buying opportunity so far. Fundamentally, I am looking for additional "last-mile" and metro business contracts to increase revenue while cost-cutting measures reduce expenses. Technically, the daily chart uptrend for position traders is still intact though a close in the low 4 dollar range or below would likely be a downside reversal. SONS is a monster!! All imo, of course, and I am currently long FIBR & SONS along with many others--MK--
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