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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (36307)	4/26/2001 11:54:14 AM
From: edamo	Read Replies (1) \| Respond to of 65232

dealer...."share lockup release" don't put too much emphasis on this...remember krem...all thought a great short at 35....sold down to 31 or so, and in two weeks 44+ forget about the old ipo game, most of the lockup rules were valid for techs with no substance...krem can go even higher if the 50dma crosses the 200dma...as far as cien, the fundamentals are clouded and the techs have given a reversal signal to the uptrend....it is trying to establish a trading range

To: Dealer who wrote (36307)	4/26/2001 2:05:08 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

Eddy is right, lockup matters only if shares are staying up up up here in last few months, CIEN has come down 50-75% so more people might be hopeful of shares rising steadily from here rather than cashing in before shares come down either way, CIEN shows some weakness what flimsy news from WorldCom to cause a spike what a joke, up to 22, then gave it back this market wants to rally more than it has the right to my grabbed QCOM option put profit looking ok now cant tell whether it is about to fall, or building base for rally / jw