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

To: jmanvegas who wrote (643)	1/13/2000 11:58:00 AM
From: The Phoenix	Read Replies (1) \| Respond to of 1225

Jman, I bought early and cashed in. FDRY did more than break the 50 day DMA they broke support period. There's nothing but air down there. furthermore a sell off for institutions to get in would not be this profound... this is overstated and so I got out. FDRY could post good earnings but this is one I would not hold into earnings with that hope in mind. Something is up and I don't think it's normal softness. I hope I'm wrong. I should point out that the landscape is littered with companies that attempted to take on CSCO head-on. I still think that is a management mistake. FDRY is/was in no position to make such bold statements. And as I said the landscape is littered with companies that fail. OG