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 : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (29156)	4/18/2000 1:02:00 PM
From: Jorj X Mckie	Read Replies (3) \| Respond to of 63513

I saw that VTSS got some unfavorable coverage...could be extending to some related companies. But ANAD and TQNT seem to be doing just fine...heck I don't know. JDSU looks more like consolidation than weakness.

To: wlheatmoon who wrote (29156)	4/18/2000 2:20:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 63513

Mike, it's easy to explain the weakness in JDSU and QCOM today. take a look at the market caps of those 2, then look at the PE's Portfolio managers are buying the other higher quality names that have lower PE's, due to this them of buy earnings and PE's matter, somewhat. some undoubtedly lightened up on those 2 to rotate to more extremely oversold names that are rebounding 20% today. It's normal and shouldn't mean much unless it continues for days. tomorrow or the next day PM's will say well what hasn't rally much in the past 2 days, of my old friends..... etc. the week is over on thursday afternoon. so this alters an awful lot of the options expiration mechanisms. John