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Technology Stocks : Scientific Atlanta -SFA- going up ??? -- Ignore unavailable to you. Want to Upgrade?


To: Larry Kagan who wrote (926)9/14/2000 3:26:09 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 1045
 
Agree bt someone doesn't want this over 70 before options expiration. Did you see the big blocks come off every time we peaked over 70. The last attempt, volume just dried up as no one was willing to buy knowing it would just be slammed down again.

My only concern is will SFA know how to hedge the Euro after it has been a hot topic for the misses in other stocks like MCD and DD.

Also, there was some talk about a conference this week and a poll ws taken about set top boxes. In that poll, a majority favored buying retail rather than having the boxes provided by the cable company. Will we get hurt by lack of name brand recognition? I see Phillips in the store all the time and Motorola is well known. You never see SFA anywhere to my knowledge.

Traders want to stick with Gorillas and without name recognition and not being in first place, we may get hurt in that regard. Of course we are more of a pure play which helps versus companies like MOT that have the cyclical nature of semis etc going against it.

Good Luck,

Lee