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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (4254)	4/23/2002 12:24:03 PM
From: GraceZ	Read Replies (1) \| Respond to of 24758

Do you want to hear about how you can get in on a killing? People aren't interested, dude. They liked them a lot better when they were up. Even if they had to pay a premium that effectively insured that they'd get a negative return. To buy them now would involve risk (and its attendant outsized return) and people don't want to engage risk, they are worried about their retirements. They want to invest in low risk, no or negative return. Like how about some of those small and mid caps that have gone up over 300% this year, or maybe some home builders, or what about those gold producers that have gone up 300%....now those are stocks that go up. Message 17359016 I would not own JDSU now unless I could sit on that investment comfortably for 5-10 years.

To: ahhaha who wrote (4254)	4/23/2002 12:35:22 PM
From: deeno	Read Replies (2) \| Respond to of 24758

"Do you want to hear about how you can get in on a killing? " sure. Ahhaha its very unusual for you to mention stock buys by name. Do these companies you mentioned have products and services that are overwelming and cutting edge or do they represent the better buys in an industry that is bottoming? TIA

To: ahhaha who wrote (4254)	4/23/2002 4:43:25 PM
From: frankw1900	Read Replies (2) \| Respond to of 24758

I agree. Mr. Dunn's comments come amid another round of devastating news for the telecommunications sector yesterday. L.M. Ericsson Telephone Co. of Sweden and Lucent Technologies Inc. of New Jersey announced plans to chop 20,000 and 6,000 jobs respectively, and WorldCom Inc., a major U.S. telephone carrier, said its revenue this year will be lower than expected. nationalpost.com See also: nationalpost.com Corning posts loss as revenue crashes 50% Telecom sector fallout Reuters CORNING, N.Y. - Corning Inc., the world's largest maker of fibre-optic cable, posted a first-quarter loss yesterday compared with a profit a year ago as revenue tumbled by more than 50% in the midst of a clampdown on spending by the telecommunications industry. The Corning, N.Y.-based company repeated previous statements that demand has stabilized, and it expects second-quarter revenue to improve from the first quarter. Corning posted a first-quarter net loss of US$90-million (US10¢ a share), compared with a profit of US$132-million (US14¢) a year ago. Revenue in the quarter fell to US$898-million from US$1.92-billion last year. Sales were also down 8% from the previous quarter. Corning blamed the decline on its weak telecom business, which makes up 70% of sales. Corning said earlier it would lose US10¢ a share on revenue of about US$900-million. It had said it expected to lose US14¢ to US18¢ a share and post sales of US$925-million to US$950-million. Before the April earnings pre-announcement, analysts had expected Corning to post a loss of US17¢ a share. They had all readjusted estimates to US10¢ since then. Corning said yesterday it expects second-quarter sales of US$900-million to US$925-million and a net loss similar to the first quarter's before restructuring charges. Even when there's good news it's bad news: ``Until the carrier (capital spending) picture on a global basis really starts to improve, investors are likely to remain fairly skeptical about the company's ability to grow the top line (revenues), despite a clear and consistent focus to lower costs and prop up earnings through restructuring,'' said one analysts, who asked not to be identified. biz.yahoo.com Don't expect either company to look wonderful short term but they don't look catastrophic, either. Not enthused about them but the cutting edge outfits not carrying a lot of baggage.... With regard to chips, I note PHTN, which sells to them, has a stock price that just can't stay down finance.yahoo.com