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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (8757)	6/28/1999 3:22:00 PM
From: Bill27	Respond to of 57584

Be very careful on PTEK . The shorts run it . I held it for awhile and watched it move down on good news and if I remember an IPO although seems to me the IPO is the company you are talking about . This was about a month ago.

To: Rande Is who wrote (8757)	6/28/1999 8:44:00 PM
From: DlphcOracl	Read Replies (2) \| Respond to of 57584

Rande: What stocks would you be buying to hold for July (and possibly sell off in early August) to best take advantage of the brief summer rally that earnings reports will generate? Large cap techs? First-tier internets? Small-mid cap tech niche players (e.g., VTSS, SEBL, TERN, etc.) Any specific standouts come to mind? Any recommendations from you and the thread are appreciated. Incidentally, with regard to your request for suggestions in the broadband space, my top pick would be Uniphase (UNPH). UNPH is the key producer of lasers and modulators for WDM (Wavelength Division Multiplexing) systems which are critical for multiplying the capacity of fiber optics. Its customers include: Lucent, Nortel, Ciena, etc. UNPH's merger with JDS Fitel (which will probably be completed by the end of this month) is a blockbuster -- it takes the two premier players , with complementary products that have zero overlap, and creates a gorilla in the optical components space. Both companies have each grown nearly 200% over the past two years. This is a VERY difficult market to invade; the costs are prohibitive and even a company with the cash (INTC) to do so will be restricted by the lack of available expertise necessary to mount a challenge. Electrical engineers with optical expertise are rare birds and finding sufficient engineering/scientific expertise is the rate-limiting factor. As an added bonus, my guess is that they will probably announce a stock split at the same meeting at which they conclude their merger, giving the stock an extra boost. Their main problem? Trying to build the capacity necessary to meet the demand for their products.