LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (5358)	1/4/1999 9:24:00 PM
From: Devil's Advocate	Read Replies (2) of 43080

It had a nice gap up this morning after a 400k share buy, but I didn't see any follow through in the trading to say it will stay there. the last four times it gapped like that (all in the last quarter) it sold off and retrenched. Do you have any reason to expect it will continue differently this time? Maybe I posted this pick on the wrong thread. XYLN is a LONG hold for me. And I mean at least one year. My guess is that money will flow out off Internet stocks to flow in networkers and pc makers. Of course, XYLN is not CISCO, but CISCO was not XYLN during it first three years after IPO. Regarding what happened to it after overhyping, you are right. But, the question is: Do you think it is overhyped now and the stock is overpriced? XYLN trade at 1/4 PE of CSCO and has a solid chance to grow faster then CSCO this year. Of course, CSCO and DELL are safer play. Those two stocks should reward nicely this year. Good luck!

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