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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: U.B. Green who wrote (2224)6/9/2000 10:07:00 AM
From: Steve Lee  Respond to of 30051
 
GBT back in an uptrend? 50,000 block went thru at ask earlier today. Avg vol is 275,000 a day.

BTW Fundamentals are great for GBT



To: U.B. Green who wrote (2224)6/9/2000 10:09:00 AM
From: Zeev Hed  Read Replies (3) | Respond to of 30051
 
Bernie, sorry to say, I missed this last move, but, I'll be back. I also got out of SCMR this morning, not too good a trade (about $32/share profit), but I fear that they are paying a lot for the recent acquisition, and in a bad market, they could drop sharply, like QLGC did post the ANCR acquisition.

Zeev

SI is absolutely impossible today, anyone has problems with SI as I am having?



To: U.B. Green who wrote (2224)6/9/2000 2:20:00 PM
From: anandnvi  Read Replies (2) | Respond to of 30051
 
I wasnt so timely as you, Bernie. I got rid of cdts at 25 and scon at 39. Im still wondering whether to sell some qcom and buy back next week, but there is a cdma conference next week which might cause a pop and I dont want to miss that.

I also opened a short position in vrsn at 188 - seems to be way overbought, and the runup in anticipation of today's news is over, IMO.

Good luck
ANand


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