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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Pierre who wrote (27143)2/5/2002 1:36:11 PM
From: Zeev Hed  Read Replies (4) | Respond to of 99280
 
Yes, it almost got on the "failure" list yesterday, but there was no follow through on the initial plunge to $21.57, so I decided to wait. Hank just mentioned a potential turn around here FSTW, if they continue at their current rate of success, then this stock might be cheap, even though it tripled from the bottom. There is probably ample time to get in it n the $2 to $2.5 area, but I'll start and watch it closer. I think the market will want more than just a single "wonder" quarter. With software companies, one never knows how revenues are shifted between quarters to show some success.

I got that TYCO on the opening at $27 (I think they got me on that one since they apparently immediately dropped it by a solid few bucks), and I just got out of it here at $24 for a $3 loss.

Also got in in the last fiftenn minutes in CDWC at $55.15, GNSS at $54.74, BRCD at $35.66, BRCM at $39.65, QLGC at 46.86 and EMLX at $43.80, the trigger was BRCM breaking $39.60.

Zeev

In edit, and now jumped into QCOM here at $39.65.