JDS Fitel Message Board

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Gold/Mining/Energy : JDS Fitel

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To: caissa who wrote (589)	1/23/1999 12:45:00 PM
From: Aloysius Lo	Read Replies (1) of 815

Same expectations here.... I'm willing to pay current mkt prices, but not in the face of a tech pullback. There have only been 2 real trading points on this pullback...$59 and $52. Everything in between was just light filler. Even if $50 is fair price, I expect to see some panic sells out into $40's. Market is now selling on news instead of buying on news, so any news is bad news, I guess. I don't think next week will be much different.

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