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To: JRI who wrote (857)9/18/2000 6:57:46 AM
From: lazarre  Respond to of 1226
 
JRI,
I agree with your assessment of the flurry of PR's this morn. Its like the lady doth protest too much.

Beaten down HLIT did the same thing over a week ago, only their releases were plenty substantive, yet the releases (about 4 or 5 ) did zilch to pop the price of the stock.

I think most of us guys trading and investing in tech would make fine IR directors for any of these firms we speculate in....i wonder what the going package is like?

lazarre



To: JRI who wrote (857)9/18/2000 8:20:30 AM
From: Techplayer  Read Replies (3) | Respond to of 1226
 
JRI, whether we get a downpour or a trickle, don't expect positive price action for more than trading purposes. All of the pundits are out there slamming the carriers and incorrectly claiming that their stock woes will contribute to slower spending. In my opinion, if that scenario did play out, it would not be next generation equipment that is effected.

I expect at least a couple of days of negativity in the Nasdaq. The leading trading strategist for Gruntal was quoted as calling for a Nasdaq 3600 in the near term after a potential short term pop this morning. We shall see how accurate he is. Good luck.

tp