Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Iris Shih who wrote (23390)	9/3/1999 12:24:00 PM
From: Suresh	Read Replies (1) \| Respond to of 68217

Hi Iris, I am out of EXTR long position... Typically when I am nervous about market I look for 10% gain in trading position and I got mine. Good luck, Suresh

To: Iris Shih who wrote (23390)	9/3/1999 11:22:00 PM
From: Suresh	Read Replies (3) \| Respond to of 68217

Iris, COVD was upgraded by 3 brokerage houses but still finished lower than the open.... makes me wonder.... Maybe we will see another secondary. COVD has 70+ outstanding and 20+ float. I don't think they are in need of cash because they still have 303Mil cash balance (all data pulled from YHOO profile... but I am pretty sure it is outdated). So, most of it might be coming out of selling shareholders. JNPR.... reviewing the situation.. CSCO might not be interested in buying it out and LU is probably not inclined to buy at this price since they are liquidating most of their holdings.. on top of that they are almost doubling the float with this secondary. I think we still have some catching up to do before resuming the uptrend. Later, Suresh