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

To: Softechie who wrote (29541)	2/12/2002 12:15:48 PM
From: Israel	Read Replies (2) \| Respond to of 99280

lol, yeah techie, they will.. Its not a matter of if, just when.. But for now, EMLX is slapping around a few shorts... 9:29AM Brocade Comms earnings preview (BRCD) 33.99: Pacific Crest expects company to meet or exceed estimates when it reports quarterly results tomorrow evening. However, with stock trading at 12x CY02 revenues, believes that potential upside is already factored into valuation. ... wonder how they feel about EMLX trading at 15x next years revenues?? Israel

To: Softechie who wrote (29541)	2/12/2002 12:27:17 PM
From: sylvester80	Read Replies (1) \| Respond to of 99280

Softechie, I wonder if it's finally sinking in because LU has been rising while NT is sinking. Take a look at the real time charts of the last 30 minutes. <gg> BTW, a class action lawsuit has been filed against Nortel. DJ Lawsuit: Nortel Induced Employees To Invest In Co Stk>NT datekdj.newsalert.com Also this that could mean that NT maybe in default of their senior notes covenants from August? datekdj.newsalert.com Lucent should benefit nicely from any NT financial problems. I'm also wondering if LU is getting market share from NT. Cause their 2 guidance in January were diametrically different. Now all LU needs is to come up and reiterate the +10% growth guidance and LU stock will be a moonshot IMO. We'll see... JMHO.