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


To: Cactus Jack who wrote (26012)12/19/2000 4:44:34 PM
From: im a survivor  Respond to of 65232
 
Thanks....I will be cautious....not buying in here. I think greater chance of more EXTR downside versus upside for the near term, so I'll watch it. If it does fill the gap at $25, I'll be on it........



To: Cactus Jack who wrote (26012)12/19/2000 4:55:13 PM
From: CAtechTrader  Read Replies (4) | Respond to of 65232
 
FDRY down 50% after hours...EXTR should see the 20's on this...it's all perception...last time FDRY missed in July, it was because EXTR was killing it in the market place..I suspect it is a combination of spending slow down and EXTR that is hurting FDRY...in the short term the whole group will be damned, with CSCO having broke support, the whole network group is suspect for awhile. EXTR is no dot.com, but it will be hurt, badly. I intend to buy it in the 20's. We already own lots of it and are taking a huge hit, believe me...I wish I could say it was over here at 35, but the selling pressure tomorrow should be intense...will be a huge opportunity going into January Earnings, but from what level? I say in the 20's. Ouch. Don't damn me please, I am hurting on this too.