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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Smart_Money who wrote (36238)9/25/2000 2:09:19 PM
From: Smart_Money  Read Replies (2) | Respond to of 57584
 
CSCO should have rebound to 63 to 65 easy. But with all the rumors out it just can not move up. Just look at intraday chart, it's terrible.



To: Smart_Money who wrote (36238)9/25/2000 2:14:06 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Money, I have NEVER been "mad" at anyone posting news. . .whether it be good or bad!!

I only tire of people coming on saying "the sky is falling! Sell Everything!" . . . then refusing to answer questions about how they come to their conclusion. And I dislike those who disrespect our hard-working regulars. And I have little tolerance for those who come here to "play" us. . .whether it be with mental games, or front-running leads.

But the news is the news. . . good or bad. I don't shoot the messenger.

Rande Is



To: Smart_Money who wrote (36238)9/25/2000 2:21:52 PM
From: fastcats  Respond to of 57584
 
Rande, et al - you may want to take a look at CMNT, maker of SAN hardware & software that has recently broken out of a long term trading range between 15 to 25.

Company has finally decided to sell or abandon its Enterprise Integrations Solutions business, which has been a millstone around its neck for some time:

biz.yahoo.com

That is the only news I could find to justify this move, but it indicates management is finally going to concentrate full effort on the segment of the business that makes money and has a future. EMC is a major customer and some would like to see a buyout. I'm not qualified to evaluate whether or not their technology would justify such a move, but with a market cap of about $700M it would not be out of the question.

Long from too long ago. Do your own DD

fc