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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (451)	2/27/2001 10:29:52 AM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 23153

EEE - It's very possible the company is making these asset sales prior to a sale of the company. That said I was disappointed too. I'd rather have a smaller gain now than a larger gain later in this market. LT shareholders will be rewarded more by this move, but haven't decided yet if I want to hold LT.

To: chowder who wrote (451)	2/27/2001 10:41:59 AM
From: Don England	Respond to of 23153

dabum, ok, i guess. told you i was getting forgetful. no one would bother to pretend to be me. below from greenberg looks like a short candidate for those so inclined. *** Exception or the rule: So a story shows up on Dow Jones the other day that Fidelity is a 10% owner of EXFO Electro-Optical Engineering (EXFO:Nasdaq - news - boards), a Canadian maker of optical test equipment, and its stock pops from a low of $22 last Thursday to Monday's close of $37.69. But, has anybody cared to look at who EXFO's customers are? How about Nortel (NT:NYSE - news - boards), Lucent (LU:NYSE - news - boards) and a Who's Who list of telecom companies that all have been clobbered in recent months. Nortel, the company says, was only a 5.8% customer last calendar year. Why shouldn't it feel the pinch that hurt the rest of the telecom industry? Because, the company says, it's so diversified. The company won't comment on earnings, which are expected to be reported March 19. But several weeks ago it reiterated guidance on sales at $140 million to $150 million for fiscal year 2001, with EPS expectations of 40 cents to 45 cents. Translation: EXFO trades at 83 to 94 times this year's expected earnings, the ultimate of being priced for perfection ... priced for perfection in a world that is proving not so perfect. p.s. article also mentions downside risk on dell as being extreme per one short. thestreet.com