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To: HandsOn who wrote (50896)4/20/2001 2:23:00 PM
From: maverick61  Respond to of 57584
 
Hands - WCOM is the only telco I like - I am long a small position and recently added some May calls on it as well. The long shares are more of a core holding - the calls for a trade.



To: HandsOn who wrote (50896)4/20/2001 3:40:59 PM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Minor profit-taking, a few poppers like Triquint (upgraded and downgraded on same day, gg) and telcos aren't rallying yet so I'm finished for the day. Everyone's exhausted by this week's feverish pace. Fully loaded with telcos and bottom dogs for next week and beyond. Those that haven't participated yet. Sounds like a good idea to me. So bought more UIS and NOVL on dips, and some SCNT again today (cash = market cap on that one). Nice solid dogs I presume along with LOR. Hoping for all the bottoming dogs to get their pops and some sector rotation into steady telcos now that the leaders have found their higher levels. Expect a little profit-taking and minor shorting inbetween modest rally days going forward to the next Fed cut but nothing to worry about. The trend gradually up again so holding long. Gotta stick to the plan.