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: Probart who wrote (28070)9/9/2000 11:49:35 AM
From: Return to Sender  Read Replies (1) | Respond to of 68350
 
In my opinion the market has incorrectly grouped all DSL companies together. The Equipment Making stocks have an excellent opportunity to prove their value with continued stellar earnings growth. Unfortunately it may take another 6 weeks to 2 months for all the numbers to start rolling and in the meantime companies like MPWR will continue to dampen excitement about the sector as a whole.

Harry asked for some short opportunities. It might be a good time to check for over valued DSL Service Providers. Trouble is I believe most of these stocks are extremely oversold already. Time will prove us right on the equipment suppliers! Add CACS to the list of well run Broadband Equipment Suppliers that is oversold. The float is only 7.8 million shares so it is worth watching for a good entry. Closed on Friday at 41 1/8:

finance.yahoo.com

RTS