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Technology Stocks : SONS -- Ignore unavailable to you. Want to Upgrade?

To: MadManMike who wrote (37)	7/24/2000 9:45:43 PM
From: DiB	Respond to of 1575

SONS valuation is still very ridiculous. <eom>

To: MadManMike who wrote (37)	7/24/2000 11:26:08 PM
From: Techplayer	Respond to of 1575

Qwark, Have you ever seen an analyst quoted in a company press release? this is a pure pump and dump. there have been no new deals announced to add to the global crossing and tiny CLEC deals. Williams has not yet deployed product (not terribly surprising since they got what they wanted....shares in the company). Deployment will have to eventually take place, I suppose. 2 underwriters were pumping the company in IBD with nary a mention of the absurd valuation assigned this company at this time. They did seem proud that the company was able to displace nearly seven million dollars worth of product. To top it off, Levy, a LU HATER is quoted in a speculative article about the run on a stock in which his firm owns a significant piece. Very nice work indeed. I wonder if the SEC is taking notes on all of this. I believe that this will present itself as one of the best shorting opportunities of the summer. watch for an SEC filing since from what I read in the prospectus, they plan to file an S-8 for an early release of better than 18 million shares before the 90 day lockup is completed. they need to get the key people out at as high a level as they can... I did not invest long in this company. I have covered one short position and plan to enter another... tp