Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 660.19

-0.8%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lachesis Atropos who wrote (19161)	1/5/1999 10:18:00 PM
From: Johnny Canuck	Read Replies (4) of 68092

Hi Lachesis, I am not sure if it was the MWD conference comments driving the telecommunication supplier today. TLAB said that it does not know of any reason for the jump. biz.yahoo.com Smaller supplier ADTN, PRMS, DGII and ASPT all pre-announced misses in their upcoming earnings. All is not rosy for everyone. There was a comment on one of threads suggesting that all suppliers to ATI were up due to the take over bid, but we know from WCOM-MCI that this should delay purchases not accelerate them. I expect NT to have a good quarter. They should have shipped their 1 megabite modems to the ISP in New York state this Q. Mobile wireless is on track from what I have heard. Fixed wireless is still weak and there is pressure to try to meet some deadlines in few divisions a few Q's out. The former Bay is the wild card. They need to show they have cut their losses. I don't have any insight into that division. Cable modem shipments should be up, but is it enough to offset losses in the older lines of business. From a technical perspective NT moved through the 200 SMA without much difficulty. Are you hearing anything about purchasing by MCI-WCOM? I almost exited my position in ADCT today as it hit my target. I will need to evaluate tommorrow. It is important not to get too greedy. On the Y2K I was also think of going long CATP with a stop loss of 22 and the target of 31. This is more of a value play as opposed to a technical play. Harry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next