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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: que seria who wrote (10485)11/13/2001 12:47:51 AM
From: Warpfactor  Read Replies (1) | Respond to of 23153
 
Re: ONIS

I'm gonna have to take another look at ONIS for potential LT hold. My research, which is admittedly rather limited, had ONIS as a probable survivor with high possible return, but also a potential flop. My attention has been leaning toward those companies that will survive: JNPR, CIEN and even JDSU.
ONIS has had weak technicals during October compared to the above, and I had been looking for pops to sell upon. However this recent action might tilt ONIS back into positive technical space.

I've got to believe that the NASDAQ is going higher in the near term. If todays plane crash resulted in a rise for COMPQ, I don't know what near term catalyst will take it down, sans a suitcase nuke going off in downtown NYC.
I've been peeling off positions over the past few weeks, but still have a not insignificant tech position. PMCS is one that just looks like its ready to jump out of it boots. I've got a full position (not as gutsy as Jim P with his 8 full positions of AMD).

Warp