Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wes Stevens who wrote (43788)	4/16/2001 5:42:58 PM
From: Smart_Money	Respond to of 49816

I wonder how many analyst will come out tomorrow and say " Now is a good time to buy" Keep saying water available over the hill when you are in the desert and when you arrive it is only a MIRAGE. I have been pinching penny's so hard lately even poor old Abe is begging for mercy.

To: Wes Stevens who wrote (43788)	4/16/2001 5:47:40 PM
From: KevinMark	Read Replies (2) \| Respond to of 49816

>>>This market is in trouble<<< Wes, I'm glad you are short, but the dip will be bought in this case during the next 2-3 sessions. Many expected csco to actually lose on their eps as opposed to gain. I agree that the #'s are bad, but the sentiment is clearly changing from selling the bad news to buying it for the short-term. Everyone knows intc's #'s and guidance will be horrible, but that won't sink us down to new lows for the short-term imo. I suspect the weakness on Wednesday will be bought. We shall see.

To: Wes Stevens who wrote (43788)	4/16/2001 6:16:38 PM
From: Frederick Langford	Read Replies (1) \| Respond to of 49816

Wes, I did some digging after your comment on ONIS re: Qwest contract. My sister-in law said that it's also sporting an A rating for Acc/Dist in IBD. She also reminded me that an old friend of mine is at ONIS. He's a mid-level executive. Anyway, I gave him a call. Here is what he said: I'm pretty optimistic, although my area of the company does not get into accounting, the overall feeling here is good. I'm fairly confident we well meet or exceed our numbers Of course, the CSCO news could kill anything. I covered my short before the close and currently have no position, tho am thinking of getting a little down here in AH. Any thoughts? Fred