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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: Mark Konrad who wrote (2326)12/7/2001 10:08:54 AM
From: Mark Konrad  Read Replies (2) | Respond to of 13660
 
FIBR...knee-jerk negative reaction to earnings report seems to have provided a very brief buying opportunity so far. Fundamentally, I am looking for additional "last-mile" and metro business contracts to increase revenue while cost-cutting measures reduce expenses. Technically, the daily chart uptrend for position traders is still intact though a close in the low 4 dollar range or below would likely be a downside reversal. SONS is a monster!! All imo, of course, and I am currently long FIBR & SONS along with many others--MK--



To: Mark Konrad who wrote (2326)12/7/2001 2:07:49 PM
From: Silver_Bullet  Read Replies (1) | Respond to of 13660
 
Had to take profits this morning on SONS, too good to pass up. I believe there will be a dip comming in this stock. I don't know how far but I would thing close to 6 would be a good target.. Also, watch the action closely to see if the funds/institutions and big money work it down but keep accumulating the whole time for the next run..

FT


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