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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (32516)5/30/2001 12:53:56 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 70379
 
Clint,

Do you have an opinion on the fundamentals of JNIC?



To: Clint E. who wrote (32516)6/1/2001 1:05:15 AM
From: Clint E.  Read Replies (1) | Respond to of 70379
 
I got out of my emlx and brcd calls(up 50% in less than 24 hrs. was good enough) but kept vrts shares for now... If the unemployment report doesn't freak the market, I'll get back in...............as far as the comm IC market, we think that it has bottomed but we don't know how quickly the recovery would begin. We're still shooting for the second half. Meanwhile, there is on-going spending restrictions and cost-cutting measures in place to improve the balance sheet if the recovery wouldn't arrive as early as expected.