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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Nancy who wrote (40586)	1/8/2004 7:31:09 PM
From: Johnny Canuck	Read Replies (1) of 69340

Off the top of my head I don't remember. I will have to see if I can find some of my old notes later. Telecom equipment stocks have quite a run the last 2 weeks. As much as spending is starting to return to normal level, the tide will not lift all boats. Some companies are just too small to make an impact. After the current down turn carriers will pretty much stick to companies that have been around a while and have a track record of providing good support and longviety. No one is going to invest in equipment made by a company that many not be around in 3 years. That equipment will just have to be ripped out at some point.

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