Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (138667)	2/5/2002 2:45:53 PM
From: H James Morris	Respond to of 164685

>>What about Redback Networks; I see that you gained 164% on it last year? How did you manage that given its dismal chart?<< That gain was from late fall. We added it on Oct. 8 at $1.54, then sold half a week later for $2.82. We sold another quarter three weeks later at $4.05. Then sold the rest at $4.10. We kept watching that and probably ten or 15 other big-cap tech stocks. In a strong market, those large-cap techs are going to do OK--companies like i2 Technologies and Ariba, Sycamore Networks, TranSwitch. They're all down in the $4-$5 range now. Some, especially those in fiber-optics, networking and semiconductors, have really been trashed. In some cases, they're been left for dead, but there's going to be some long-term buying interest at these levels that will give some support to them. forbes.com