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


To: Steven Finkel who wrote (20624)2/16/2000 5:19:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Great job today in buying dips and selling peaks on LPTHA. . . today we re-tested the near-term resistance [34] and the support levels [31] and bounced off them both. Way to go! There have been regular reports of organized shorts playing against us since last week, but the stock has held very well. . . before they get the time to round up the troops, we are selling the peaks. . . And we have another optical conference. . .

In my opinion, "all-optical networking" will be the most important industry buzz words since CDMA and the router.

This optical group is getting snatched up quickly. . .ETEK, OCLI, OPTX, etc. Let's hope LPTHA does NOT get bought out until the market cap has a chance to catch up to the industry valuation on similar technology. . . most agree that would be above 1 bil.

Rande Is