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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (27131)6/22/2000 11:25:00 AM
From: Johnny Canuck  Respond to of 68284
 
Suresh,

Sell puts on any significant gap down is probably the better way to play this stock. The underlying fundamental story is strengthening every day. I do agree it is ahead of itself, but the lower $125 price target will act as a magnet if the market behaves.



To: Suresh who wrote (27131)6/22/2000 12:02:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68284
 
Fool covers NEWP :

biz.yahoo.com

JUNE 21, 2000
Orchestream Banks on QoS

Software vendor Orchestream Ltd. <http://www.orchestream.com> launched a global public offering of stock to institutional investors today, and shares are expected to start publicly trading on exchanges next week.

lightreading.com

JUNE 22, 2000
Atmosphere Comes Back to Earth

Atmosphere Networks Inc. has finally found a buyer.
Ditech Communications Corp. <http://www.ditechcom.com> (Nasdaq: DITC) today announced it has signed an agreement to acquire privately-held Atmosphere, of Campbell, Calif., for approximately $88.5 million in stock and up to $10 million in cash.

lightreading.com