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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: gfs_1999 who wrote (500)7/12/2001 5:31:29 AM
From: Justa Werkenstiff  Respond to of 1328
 
GFS: Re: "Justa I don't thing MOT will produce the same action like Nortel did on Feb 15. Also MSFT is a tech symbol, Cien is just a company."

MSFT preannounced a huge write-off. I did not see a positive surprise. They are going to essentially meet expectations absent the write off. But in an oversold market with too many shorts, that is good enough.

Whether it is MOT or something else now or next week, the upside from the open is limited. That is my main point.


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