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To: John Madarasz who wrote (10471)	8/20/2001 10:45:18 AM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

Regarding my plan to establish a long position for days/few weeks. Market did not get low enough o entice me into said long entry for first 1/3 (per my posts since last week). The bounce we see this morning is directly off the lower wedge line. It's a chart-chaser bounce. In my experience, such "perfect" bounces almost alway work for a quick pop (maybe even for a day or two), but in general I don't trust them for entering longer-term positions. Let's see what happens after the late shorts cover. Small traders eager to position in front of the Fed are piling in here. Who knows, perhaps the Fed does .50 to try one last time to put a floor under price. Such a cut would be the "We don't care dollar, we care equity markets." cut.

To: John Madarasz who wrote (10471)	8/20/2001 11:01:33 AM
From: marginmike	Read Replies (1) \| Respond to of 209892

AWE is a COMPLETE disaster. DO NOT TOUCH this stock. They have the wrong Technology, No upgrade path to 3G or even 2.5 G. They are competing against Sprint and Verizon who have huge capacity advantages as well as much lower cost per subscriber expence. I havnt looked at AWE in awhille so I dont know about trading bounces, or ST reasons why it should bounce. However it is NOT A STOCK to OWN as any form of long term investement. If your friend wants exposure in that sector I would opt for Sprint/Verizon or maybee NEXTEL. Sprint and Verizon will be providing the next 2.g upgrade this fall. This upgrade called 1xrt will provide 144Mps data speeds to mobile phones and Modems. It also improves their network capacity, which is already2-3X better then ATT. Personally I think your friend would be better served buying the Wireless companies involved in the equiptement side of 1XRT(Qcom,Siera Wireless,MOT,Samsung,KYO). They will make money on the upgrade before the carrier's.