Xylan Message Board - Msg: 5993461

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Technology Stocks : Xylan

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To: jas cooper who wrote (2531)	10/12/1998 2:38:00 PM
From: E_K_S	Read Replies (3) of 4135

Xyln just doesn't seem to be acting very good (especially before earnings). I am looking at selling my long position to enter in at a lower price next month. I just picked up some CIEN as my XYLAN alternative. Stock is at it's multi-year low (like Xylan) but should earn $0.68 next year(worst case). When the dust settles, I would like to own both companies as CIEN and XYLAN should participate in a Santa Clause and year end rally. Good luck with your position. I have been a long term XYLAN holder for more than two years, selling the stock in the high 20's and buying below $15. This time, I think XYLAN could see one more blow off to the down side. JMHO EKS

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