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Technology Stocks : Riverstone Networks (RSTN)
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To: StormRider who wrote (243)3/8/2002 9:21:16 AM
From: stockman_scott  Read Replies (1) of 290
 
8:40AM Morgan Stanley sees telecom trading opportunity in Q2 : Morgan Stanley sees a trading opportunity in telecom equipment stocks such as CSCO, NT, LU, CIEN, and JDSU after Q1 warnings and earnings are out of the way; believes that late release of service provider budgets will lead to a weak Q1 followed by a Q2 sequential rebound of up to 10%; sees trade lasting until the second half when 2003 carrier capex budgets are announced.

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IMO, its another great day to be LONG on RSTN...=)
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