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


To: j g cordes who wrote (33120)6/28/2001 10:53:27 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70528
 
>>, I believe TXCC introduced a new high performance ATM
>>switch and that there's a general opinion that within
>>their niche they're doing well even though the sector is
>>in the dumps

Hi Jim,

That should not be enough. The ATM market is pretty soft since most of it is at the core. The promise of ATM to the desktop never come true.

Given the miss by TLAB, I can't believe TXCC is doing well relative to others in the same space.

What is your down side target for the post July 4 period? I am trying to figure out whether we test the low for earlier in the year or just pullback for a higher local minimum so only test 1800.