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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: islug who wrote (8217)	6/18/2002 9:17:46 AM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

It's really no surprise is it? ESST from $20 to $12 and back to $20. It is now back to where is was just before all the manipulation started on Yahoo and elsewhere just after the last earnings report. Now the newbies begin to see how vicious the shorting game can be. This was clearly a stock in a booming sector with undervalued fundamentals (PE was 11 and PEG was .37 at one point) It went $20 after hours after its last earnings report beat by 10 cents to a lowly $12-13 intraday on vicious rumors a few weeks later and an inaccurate WSJ story. Now it's back to almost $20.

To: islug who wrote (8217)	6/18/2002 11:04:41 AM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

ALL -- BTK now positive; SOX up 2.4%. MLNM just broke $13 and AMAT and other chips doing well. I also like ATML, mediocre fundamentals but MCHP beat and ATML announced a company B2B of 1.10 a month or so ago and likely is doing better. Also fairly near 52 week lows. I don't own NVDA at them moment, but it could rocket back up anytime. Very low PEG and reasonable PE. I think a good B2B expectation is now circulating. Two firms at least are predicting as much and many remember May 8th. Plus there is a noticeable lack of bad news being propogated today, just like yesterday. This may be a week to make money on the "long" side. We'll see, we may need both ORCL and the B2B to give us good news after the bell.