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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: 5dave22 who wrote (126900)	10/26/2000 3:25:59 PM
From: tejek	Read Replies (1) \| Respond to of 1576112

Ted, I just bought VRTA at $16. Great buy and hold. Might rebound sharp. One analyst downgraded from Strong buy to Buy and a bunch of others jumped in and reiterated targets of $75 & $115. Might want to dabble. Dave, I have been watching it and GSPN. I am unclear what is going on......yesterday the CEO of AMCC is saying business is great but others are saying companies like AMCC and GSPN and JDSU ate too low on the food chain and don't see the problems yet but they will. The argument goes on to say that the junk bonds have been cut off as a source of funding for the telecoms and their infrastructure buildout, and they are the ultimate customers of the GSPNs, VRTAs and JDSUs. Look at CMTN...it dropped to the $30's and I thought it could not go any lower but now its at $10.......and CMTN makes $$$. Bottom line....I am being very careful. ted