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Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (669)	3/11/2001 4:37:09 PM
From: BDR	Read Replies (1) \| Respond to of 3294

<<Judging by the article, Ms. Kallas is a genius in hindsight. >> From the article cited: "In October, she placed an underperform rating on Ciena, a telecom equipment manufacturer. Then, its stock traded at 114 ( 24% off its high of 150 earlier that month ). Now it's at 65.62. In December, she slapped an underperform rating on Sycamore Networks. Its stock traded at 50 and since has fallen to 14.12 (at 50 it was already 138 points or 73% from its high 4 months earlier). Juniper Networks garnered an underperform rating in February, when its stock traded at 93 (already down 151 points or 62% from its high 4 months earlier) . Now it's at 54.87. And Kalla still has underperform ratings on these stocks because she sees them falling an additional 10%-30%. Last week, Kalla began coverage of telecom service providers with underperform ratings on Level 3 Communications and WorldCom. She believes Level 3 shares, which trade at 2l.879 (down 110 points or 83% from its 52 week high ), will fall to 18 and WorldCom's shares, which closed Friday at 16.93 (33 points or 66% off its high), will sink to 12 in the next 12 months. If her forecasts come to pass, the stocks will fall another 20% or so." Simply brilliant. No doubt she got a seven figure bonus for work like that. Ciena was the only recommendation that was remotely timely and useful to investors. My dog could pick stocks in a down trend better Ms Kalla. I am not sure about my cat, though. Ms Kalla would be stiff competition for her.