SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Lachesis Atropos who wrote (35662)12/27/2001 4:35:09 AM
From: Johnny Canuck  Respond to of 69207
 
Hi Lawrence,

EQIX had quite a move today. I don't see any news, but if I had to guess it must be up on the better than expected online sales announced by YHOO and AMZN.

marketwatch.com

This pop may be short lived as pointed out by the article as it ignores the steep discounting that needed to take place to make the Y-Y growth happen.

Their business model seems a little suspect though. They have sales expenses of 4 mil, but G+A expenses of 12 mil. That seems a little overweight in head quarter cost. It might be alright though if the G+A cost include the cost of the employees actually doing the work, but I don't see a notation in the quarterly report to that fact. I will have to look at the 10Q.



To: Lachesis Atropos who wrote (35662)12/27/2001 4:38:21 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69207
 
These stocks have made OBV highs without a corresponding high in the recent price action. It looks like they should break to the upside if the overall market cooperates.

MSFT
TLAB
CYMI

Note that MSFT needs to make a new high for the COMPX to make a new high due to its weighting in the index.