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


To: Techplayer who wrote (41946)6/26/2000 10:11:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
Other than the fact that the stock didn't recover after the reassurance which indicates that the big money didn't come back in and therefore indicating that the selling shouldn't be as heavy as you might expect, No. But I am actually expecting it to open higher than the AH close.

My buy in for HLIT is 37. So I think that I am looking at a 10pt loss at the worst.



To: Techplayer who wrote (41946)6/26/2000 10:17:00 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 63513
 
The trouble is that investors never get the chance to tar & feather a company when news like this comes. It's either after hours or halted during trading thus eliminating the revenge factor of shorting the living piss out of a company who openly lied to them. The analysts were told (IMO) during that conference a few weeks ago and the stock crashed into the 40's. Then some POS release was doctored up to keep the small guy in and let the big, hired guns out. It just reinforces my belief that the first bad news is your best bad news. Sorry to those who were caught long.

GLOOP