SI
SI
discoversearch

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


To: mark joyce who wrote (27657)8/21/2000 11:59:02 AM
From: Return to Sender  Read Replies (1) | Respond to of 68352
 
I want to thank Harry for his run down on GSLI. I'm in GSLI at 25 myself. I believe that the we may finally be in for a nice rally if Mr. Greenspan says the right things tomorrow for technology stocks in general. I also believe that due to the extreme amount of merger and acquisition activity in the Fiber Optics Sector that GSLI is as good a bet as most to benefit going forward. The additional cash being generated from the sale of the Life Sciences unit will give the company plenty of working capital to make further inroads into Fiber Optics if they so choose. Expectations for next year suggest GSLI will have tremendous earnings growth so if the market continues higher GSLI should hopefully do so too.

I'm seeing a lot of second tier Fiber Optics stocks do well these last few days like HLIT for instance. Lets hope GSLI gets caught up in a sector wide movement soon. BTW there was a 2 million share block traded on Friday.

finance.yahoo.com

RTS