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Technology Stocks : copper mountain CMTN -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (1051)	10/13/2000 10:10:24 PM
From: P314159d	Read Replies (1) \| Respond to of 1226

I am with you on this Rare! You may note in previous post my exclamation for a 200 point reversal to prevent the next level break. and today odds favor the typical move up to next resistance and a fallback to this area before a year-end rally. Favor, I say. Not expect. Could be Vee type bottom because of all of the pessimism. I went some long today, a little Monday, based upon the open, then wait at least 50% for the pullback. CMTN looks primed, DSL, TECH, ooh baby.

To: Rarebird who wrote (1051)	10/14/2000 8:26:49 AM
From: Oblomov	Read Replies (1) \| Respond to of 1226

RB, it's interesting to see you here. I picked up some CMTN on Monday and have just gotten around to checking out this thread. The timing on my purchase was based on my view that the Nasdaq was bottoming. It actually bottomed a few days after I expected, but CMTN held up well during the final phase of the Nasdaq down move. Also, the low volume amid increasing Nasdaq volume indicated that the weaker hands had been washed out. A classic bottom is being put in: stockcharts.com[L,A]DACLYYMY[PB50!B200][VC60][IUB14!LA12,26,9] I think that the negative sentiment regarding DSL equipment manufacturers has gone to an irrational extreme. This company is well managed, and has (at least based on my research) the lowest-cost solution to quickly building out DSL capability. Earnings are growing rapidly, and at 24x the lowest est. for '01 earnings, the P/E for this stock is low. Markets are rarely efficient. They are always in disequilibrium, as both George Soros and Joseph Schumpeter pointed out. The CLEC-wreck is a well-known factor in CMTN's market, one which I think is fully factored into the stock now. I agree, better days are ahead. -g-