Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Ibexx who wrote (41607)	3/18/2002 3:25:55 PM
From: The Freep	Read Replies (1) of 99280

<I posted the news about a week ago, but it appears that traders (the pros as well as the retail ones on SI) are SLOW to react...>> I'm curious, Ibexx. You think that today's move in the SAN stocks is related to the now nearly week-old news that Cisco owns a piece of Andiamo? I believe it was already known that Cisco was working with Andiamo before that news on the 12th (per your link: "even though its relationship with the IP storage switch maker has been reported several times in Light Reading and Byte & Switch (see Cisco Reaffirms SAN Strategy , All Eyes on Cisco , and Cisco’s Secret SAN Strategies Revealed)." So you think the market is just now reacting to that ownership news? How would you explain the lack of movement last week in the same stocks reacting today? Options related stuff? Or do you think that perhaps there's now rumors of a specific product? the freep

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