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


To: Tom Hua who wrote (5415)1/18/2001 2:21:12 PM
From: rogermci®  Read Replies (1) | Respond to of 19633
 
Tom...I'm blowing out my trading position in EBAY at 46 3/4 from 32 average...still holding my core position but the stock might be ripe for a short trade after reporting earnings tonight. I'm still long ARBA from 37, how about you?

roger



To: Tom Hua who wrote (5415)1/18/2001 2:21:35 PM
From: Rutgers  Read Replies (1) | Respond to of 19633
 
Tom, this is speculation only but...

I added to my SONS'put collection. Sonus Networks, for those who don't know, sells a collection of what is know as softswitches to the telco industry. Yes, the same telco industry that hit the skids late last year into this year. With telco spending admittedly lower, who is going to buy these softswiches? Beats me...now this is not for the faint of heart because if they blow out earnings and give great guidance, my put collection will be added to some of my other wallpaper. I've added here because this thing has run up from the low $20 range in advance of earnings. So, hopefully, we'll see a little sell-on-the-news even if the report is good and if guidance is not rosy... ;)

FYI, another VoIP player reports earnings tonight as well, Clarent, which, btw, was downgraded today...
biz.yahoo.com



To: Tom Hua who wrote (5415)1/18/2001 3:47:21 PM
From: Bob  Respond to of 19633
 
Tom:

got some MUSE off at 70.

exited the FLEX trade with a point.

BobP