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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Rutgers who wrote (2570)10/26/2000 4:48:43 PM
From: Tom Hua  Read Replies (3) | Respond to of 19633
 
Rutgers, if the market is strong tomorrow (I expect it'll be), EXTR and GSPN can cross 80 easy.

I'll reshort PDII in the 90s tomorrow, leaving room to add with a probable split announcement when they report.

Regards,

Tom



To: Rutgers who wrote (2570)10/26/2000 8:46:07 PM
From: Roger A. Babb  Respond to of 19633
 
Rutgers, I have joined you folks long on STEC. Still holding my PWER puts, I didn't like their increasing receivables and inventory and cash burn. No position in JDSU yet, but I don't like their proforma reporting. Seems like they are "creating" earnings by acquiring a company and adding in the earnings but writing off the purchase price. They lost big bucks by GAAP accounting, but no one seems to notice!


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