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


To: cnyndwllr who wrote (1780)3/16/2001 3:43:02 PM
From: jim_p  Read Replies (2) | Respond to of 23153
 
So far I've loaded up on ACTM at 14.00, MOT at 14.00, NOVL at 4 7/8, SAGI at 5 7/8 and NITE at 15.00. Lots of unfilled orders left.

VXN made it up past 77 today.

Good luck,

Jim



To: cnyndwllr who wrote (1780)3/16/2001 9:27:22 PM
From: thestockrider  Read Replies (1) | Respond to of 23153
 
I bought a bunch of CATS in my retirement accounts. I believe they've got about $2 per share in cash. The CEO has been cautionary on his conference calls about the tech market. CATS is fabless I believe so they're manufacturing costs ought to improve in a slowdown. On the downside, competitors like SSTI and SNDK are seeing their stock prices getting murdered.

Shorted some GLBL, XTO and a couple others energies for gains. Sold out SMOP due to PEX's lack of liquidity and the lack of visibility on the CASH aspect of $4.71. I'm holding winners like SS CIEN, AMZN, and WEBX; and losers not worth mentioning. Someone on the yahoo thread relayed that EEE will provide quarterly financials towards the end of March or early April. EEE is another long in my unmarginable accounts. I'm looking to catch more of the next energy cycle.

At this point, I believe that 'capitulation' has not occurred because there are many more market participants, and many of them are letting their money ride. A lot of people have a difficult time figuring out how to get at their money through their institutional 401K plans. By the time some figure out how to sell, the market may have turned around. I think that Mutual Fund redemptions at the widely held funds like Fidelity and Janus will hit large cap stocks more than small cap stocks.

-thestockrider