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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (56768)	10/17/2000 8:14:37 PM
From: Jorj X Mckie	Read Replies (3) \| Respond to of 63513

tp, just something to go over in your head....at the close last friday, what did you think that Monday would look like? I thought that a monster rally was a slam dunk. After watching the AH trading, I pretty much consider the opposite to be true for tomorrow. But, of course, I was completely wrong about Monday. Clearly CMTN deserved to get spanked, but did XLNX and ITWO and FDRY and MERQ and everybody else that beat earnings? Hell, even Pitney Bowes which got spanked for being in a related business to XRX beat earnings. What are the chances of saner heads prevailing? Probably not the majority of retail investors, but what about the institutions that have to be seeing some of these as value plays. "The communications end market contributed a record 78 percent of company revenues during the second quarter, as OEMs continue to design our programmable logic devices into their next-generation communications equipment," said CEO Wim Roelandts in a prepared release. How will the market read this info??? Heck, I don't know.....