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To: ItsAllCyclical who wrote (87183)2/14/2001 3:01:08 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
OT - GLW (techs)

I should also add GLW has re-affirmed guidance for 2001 just 2 weeks ago. Ave volume around 11 mil shares. Today's volume at 24 mil so far. Still have 23 mil shares short and it's lost 50% in a month. I smell a nice bounce from these levels. Could be wrong, but happy to live with the fundamentals LT.

Ideally CSCO trades back to 31 or higher and I dump CSCO and keep NT and GLW as my long term tech plays. Will sell 1/2 to 2/3 into any bounce and sell covered calls ST on the rest. If the Nasdaq starts making new lows though I'll dump everything and come back later.

GLW affirms guidance

netcog.com

Added more at 38.