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Technology Stocks : Foundry Networks, Inc. FDRY -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (639)1/13/2000 10:48:00 AM
From: jmanvegas  Read Replies (2) | Respond to of 1225
 
Unless there is something seriously wrong with the upcoming earnings and "someone on the inside" knows something the retail trade doesn't, FDRY may be one of the most manipulated stocks today on Naz. The split which should have smoothed things out has only exacerbated the volatility and it wouldn't surprise me that there is a concerted effort by the Wall Street houses to take this down as far as they can, take out as many stops as they can, to grab as many shares as they can, for their institutional or very large private customers.

If FDRY disappoints in its earnings, I can understand the current price action. If FDRY comes through with shining colors in its earnings, which I believe they will, BWDIK, then the prostitutes on Wall Street will have performed their function of F***ing many in this recent downslide. Time will tell shortly.

jmanvegas