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To: DlphcOracl who wrote (39436)	10/24/2000 9:03:51 PM
From: Condor	Respond to of 57584

Sage advice DO....."moderation in all". NEVER fix your mindset but be nimble and open to all possibilities. Crisis=Opportunity Regards C

To: DlphcOracl who wrote (39436)	10/24/2000 9:38:39 PM
From: bobkansas	Read Replies (1) \| Respond to of 57584

Hi DO ! I agree with your posts tonight regarding the market in the morning. I own some NT (thank the good Lord-not much). Of course all tech will get hit with this down draft, esp. the optical and networking sectors. This week I am all cash in my trading accounts. (I am fully invested in my long accounts) I plan to consider buying call options on gorilla stocks (not just optical related) that tank tomorrow and perhaps over the next few days. My problem and most posters of this thread's problem is jumping in the pond to go long too soon. This is a constant problem for me and is due soley to greed on my part. I have the feeling the Houses want the individual investor to give up on holding tech stocks this fall. Once most of us get convinced of this being the case...the bottom will in fact be in. When most individual traders and/or investors give up on thinking that there will be a NAZ rally to 4000 by the end of this year or early part of next year....the market will start to move on up...imho. I plan to see WHEN the brokerage houses come out with support of the optical stocks. Such may get me close to when this (short term?) bottom is in. Unless a lot of brokerage houses issue statements of support of optical stocks tomorrow...I will not be buying anything. To me...I will know how long this sell off will last e.g. one day or several...WHEN the Houses have finished their buying and THEN issue their press releases of support for the stocks that just got killed. This market does not give haircuts...it give a person their head. Feels like one is living during the French Revolution. Best regards, Bob P.S. Any thoughts from the "regulars" here would be appreciated.

To: DlphcOracl who wrote (39436)	10/24/2000 9:48:16 PM
From: carepedeum2000	Respond to of 57584

i wasnt worried about nt earnings , it was jdsu that i was planning on being out and waiting on, with the carnage going on in nt, jdsu will probably be a non-event now, im hoping the morgan stanley report can add some firmness to the optical pricing, but right now, im thinking it could bounce back or just keep right on tanking, toss a coin, if i had to guess, i would say things will look better by 10.30 tomorrow, in the meantime, pass the pepto bismal!! tighten your chin straps

To: DlphcOracl who wrote (39436)	10/24/2000 10:11:52 PM
From: pressboxjr	Respond to of 57584

I would like to see that "gap" filled at 2870. (on the Nas) Then we can really start a nice upward trend here. As far as your opinion and greenlaw's, I agree 100%. That doesn't mean there won't be any "bounces" out there though.

To: DlphcOracl who wrote (39436)	10/24/2000 10:51:23 PM
From: DlphcOracl	Read Replies (1) \| Respond to of 57584

An overlooked fiberoptic stock. It may seem odd to talk a fiberoptic value stock before tomorrow's carnage, but this is one worth knowing about. Marconi Ltd (MONI) Marconi Ltd. is a British-based telecommunications provider, similar to what Nortel and Lucent do (in LU's case, I should say: what LU doesn't do!). It has become a player in fiberoptics by making and integrating several acquisitions over the past 1-2 years. They have started landing some large contracts to provide fiberoptic connectivity, first a multi-billion contract with British Telecom, and smaller contracts with an Italian company and in China. They are not a fledgling startup. They have a 30-billion dollar market cap and, relative to Nortel, are very undervalued (although they will be less so after NT is crushed tomorrow). They recently listed on the NYSE in mid-October and will gain better exposure and press with regard to US investors. Undoubtedly, it will sell off in sympathy with everything else fiberoptic. However, it may have greater upside over the next 1-2 years. Just a thought.