To: Jenna who wrote (92661 ) 4/11/2000 10:35:00 AM From: Jenna Read Replies (1) | Respond to of 120523
Long COGN, ADTN... SPOT beat estimates, corrected should move up in the next few weeks.. we always concentrate on the MOTS and YHOOs but we should do that ONLY only on earnings anticipation. After earnings we should leave those blimps and settle on stocks that are not the focus of the entire world but move up nicely nevertheless and have potential to be longer term holds. I liked WCG, BBOX, ADRX and AHAA when no one heard of them and now I also like lower profile stocks for position or longer term holds. Its AFTER earnings that you should concentrate on stocks that surprise to the upside and have corrected along with the general tech sector. Its now that ADTN and COGN will move up after the initial 'speculation' by traders. When things quiet down they should move up on any rally. That's really part of "diversification" not only through sectors but through valuations within the sector. reported 38c vs estimate of 19c. Revenue up 55% to $299M. Net income up 86% to $56.6M. Monday April 10, 5:11 pm Eastern Time Company Press Release Hughes Ready to Launch Galaxy IVR Fourth Launch of the Year KOUROU, French Guiana--(BUSINESS WIRE)--April 10, 2000--Hughes Space and Communications Co., the world's largest satellite manufacturer, will launch Galaxy IVR on April 18 for PanAmSat Corp. This is the fourth Hughes-built satellite to launch this year. The high-power Hughes 601HP satellite was shipped March 27 to Europe's spaceport in South America. Engineers and technicians from satellite builder Hughes Space and Communications Co. (``HSC') and rocket builder Arianespace are making final preparations for the launch, set for 9:29 p.m. local time on April 18 (5:29 p.m. PDT, 0029 April 19 GMT), using an Ariane 42L vehicle. Galaxy IVR will be the third satellite Hughes has launched for PanAmSat in 120 days, including the launch of Galaxy XI, the first Hughes 702 satellite, on Dec. 21, 1999, and Galaxy XR, a Hughes 601HP that was launched on Jan. 24.