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Technology Stocks : XLA or SCF from Mass. to Burmuda -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (722)9/1/2000 2:51:55 PM
From: Scott Bergquist  Read Replies (1) | Respond to of 1116
 
Tom, I hope you didn't end up in "Perry Ellis Land"..boy that was a lame play! But I did sell some at 16 1/4 to try to play it. The luckiest trade you sometimes have, is the one that isn't executed.

You should be paying attention to Xcelera. Big announcements will happen "soon" so I hear. Whether this means next week, October 10, or ??? But more short interest should fuel a nice 10% gain over today, next week. Any further Mirror Image/Cisco/Lucent details could really touch it off.

"Wall of Worry" here are all the class action suits. Buyback by Viks is helping uphill battle. Class action suits are hurting their own arguments, as it was these filings that drove the price below 15. If a patient investor held at 15, (s)he is at 20 now, but ONLY if they were not stampeded into selling at 12-13 by these legal shenanigans.