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To: johnsto1 who wrote (39531)10/25/2000 1:10:06 PM
From: carepedeum2000  Read Replies (1) | Respond to of 57584
 
12.53-- meril lynch puts out buy on nt, says selling is overdone, now why dont i feel better? fibres were the last stocks that hadnt been hammered this year, now they are in the cooker, question is, is this a temporary condition, or a permanent valuation shift? i would pay big money for the correct answer to that question, any guesses out there?
got to believe the fund guys would love some jnpr and scmr in their portfolio's going forward, so when are they going to jump back in?
on another note, anyone noticing the firming of the internets? thankyou amzn, they may be ready to run a little in november



To: johnsto1 who wrote (39531)10/25/2000 1:13:03 PM
From: Mark Konrad  Respond to of 57584
 
j1, I like FNSR at or near support area of 23-27 and LPTH in low 30's (even a little less is OK, too). NT near 45 seems reasonable as does JDSU below 74...these are support areas but I wouldn't bet the rent money as support means nothing when the herd panics. SCMR is even more wild and could spike to 60 or less but I'm tucking a few shares away here in mid-60's. I wouldn't be able to do this if it weren't for some terrific recent gains and a few winners today. This is a tough market...strong stomachs only need apply--MK--