Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Logain Ablar who wrote (28406)	9/24/2000 4:00:18 AM
From: Johnny Canuck	Respond to of 68004

Tim, I couldn't understand mattie's comment about the sentiment being too bullish till I saw a fund manager on TV today. He is expecting a 40 percent rally from the lows in September/October. Talk about optimistic. On the other hand his stocks appraisal sounded reasonable. He does not like NT and C-MAC (60 percent of sale in optical assemblies to NT), RIMM, or Infowave. NT he thought was overvalued. Would buy on weakness under $100 CND. Pointed out $20 could be the down side risk though. RIMM has low revenues, failed to capitalize of lead position. Competition from ERICY and NOK. Doesn't think they can compete long term. Lost leadership advantage. Likes LU. Trades at 1/4 of NT valuation. Also like QLT. EPC indicates a good deal of pessimism short term. This is a good condition for a rally. We need to test 3612 again before we get a sustained rally though.