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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (19935)3/23/2004 2:09:06 PM
From: Lizzie Tudor  Read Replies (3) of 57684
 
could be a buying opp here (repeat COULD be LOL).. otoh if sonus gets really trashed I will buy in.

11:39AM Volume Alert -- Sonus Networks plunges intraday amid a surge in volume (SONS) 4.21 -0.99: Stock has tumbled approx. 15% over just a four minute period.

1:49PM SONS: Hearing that rumor of CFO resignation is untrue 4.78 -0.33:

Sonus Sinks as Rumors Resurface
Speculation on Wall Street centered on whether Steve Nill, the company's financial chief, had resigned amid an ongoing accounting problem and audit. The chatter sent the stock as much as 20% lower in late-morning trading before a midday rebound reclaimed most of that ground.
thestreet.com
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