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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Wizard who wrote (10594)	2/21/2002 1:16:33 PM
From: Bill Harmond	Respond to of 57684

Thanks. Also...FreeMarkets looks like a the momentum B2B stock.

To: Wizard who wrote (10594)	2/21/2002 4:57:23 PM
From: techanalyst1	Respond to of 57684

What was the alternative? Onis knew cien's outlook. Onis had been rallying in the few days prior to the announcement. Suppose it had continued to do that (like sdli did prior to jdsu's announcement). Then what kind of share count does onis get? I have a feeling that cien is going to it's 1998 low of 4ish. That gives onis a winning ticket to new all time lows. I'd assume that onis was having trouble on it's own and felt the need to take on a partner. If shareholders don't want it, they can vote it down assuming they have enough shares not in management hands. It might be their only hope to survive longer term. I think telm goes to someone. Trading for little more than they have in cash with a decent product that is supposedly in a still growing market. Probably could use the strength of a stronger and bigger company to close deals. These companies kind of irritate me though announcing something like this making it look like it's a great thing knowing that a couple days later a big guidedown is coming. But what are they supposed to do? Say... gee, our outlook is so bad we have to go with another company that's tanking and you'll get less than you would if you had sold at the 52 week low? Longer term, hopefully cien comes back and onis makes out well. And the rags irritate me putting out a small snipet taken out of context. One day we hear cien say that they see a turnaround coming and a few days later they guide down. Jdsu claims they don't know when the bottom is coming and a few days later they're quoted saying it's soon. On the software front. It just occurred to me that I haven't heard any big analysts coming out defending Softie on this downdraft. In fact, the big analysts are pretty mum on recommending most anything on the buy side with any real conviction. I think they're afraid to say anything lest something untoward come up later and they get hauled before congress themselves (not that msft has a problem, just using them as an example since they're so big). And really, even if something does go up on analyst comments, it's sold off within days (or the same day like itwo and manu today), so why bother? Which is why I think what is happening is that shorts are covering on upgrades but there is no real buying going on in this market. Hopefully we get fund flows in April and better guidance, but we might just have to put up with lower flows for a while until investor psychology is healed. Very odd trading on newp. Can't figure out if it wants to go up against the market or sell off with everything else on decent volume. TA