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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Venkie who wrote (9930)10/26/2000 1:58:16 PM
From: T L Comiskey  Read Replies (1) | Respond to of 65232
 
V....forget your mind.........hows the rib......?..<g>
Im looking at HDI.......want a bike but my gal thinks Im too dangerous.......
so owning a few shares might qualify for a HD jacket..<g>
bought scmr the other day also.......
hard to believe mondays prices are so far out now..



To: Venkie who wrote (9930)10/26/2000 2:22:32 PM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
Donnie,

You still have your NT. I just grabbed some at $42, in the hopes that this FO thing is overdone and hopefully good numbers from JDSU will bring the whole sector back....I also grabbed some more atml. I bailed on my extr. Did alot of thinking and yes, it does have the potential to shoot back to $120 in the blink of an eye, but it is quite the humbling experience to lose 40% on the stock and 70% on the calls, and then after it is beaten down, it still has a PE of 450 or so. I think it is plainly obvious that this market is looking for value....these triple digit pe's are just getting out of hand and the street just isnt going to tolerate it. EXTR could drop back to $20, and still be overvalued as far as their pe goes.

This is one crazy market

keith