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Technology Stocks : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?

To: que seria who wrote (1246)	12/6/2000 2:44:09 PM
From: Shaw	Respond to of 2293

Nice trading que seria, right now I am still focusing on the long term picture. I have stayed out of trading, to put my energy into focusing on the merits of this story. I am hoping all this leads somewhere, and this stock will grow a more informed base, that will support it, while we go through this adjustment period. I like what the elderly states man, Jim Moltz, of equity stragestist said this morning, on CNBC, he exspects another 1/3 leg down for the still overvalued high techs. He didn't totally pan the technology sector, he said to use this time, to lighten up on tech, but stick with the technology co.s that one sees as strong, they will correct or move side ways, but will see there way through. He probably would consider Avanex as still over valued, but after he understood the potential strength of this story, he might see the sense of holding a small position for the long term in here. Again right now, my concern is for assuring myself of the strength of this story. That doesn't mean I won't trade, but at the moment, I would prefer to be part of building a informed base to support the stock, for the long term. I am trying to position myself for potentially large, long term gains. How ever others here need to make up their own minds, if your trading, you take profits when you have them. Take care, Shaw