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

To: Challo Jeregy who wrote (88302)6/28/2002 5:11:32 PM
From: nsumir81  Read Replies (1) | Respond to of 99280
 
TELM: 54M to 3M ! The other day I posted they were cutting 200 staff.

Sad, I must add.

They were once one of the hottest private optical switch company to watch with products already deployed (unlike some that had more concept-like products). Mostly ex-LU folks.

They delayed their IPO and did not do much when they went public as the fizz had already gone out.

I once waited for their IPO. Later I almost shorted them at 14-15 when I saw the insider selling and the slowdown in general optics biz. Shoulda coulda woulda



To: Challo Jeregy who wrote (88302)6/28/2002 5:25:59 PM
From: thecalculator  Read Replies (1) | Respond to of 99280
 
<<I'd say big block sells ->>

Your statement is being made out of ignorance if you were directing that in response to my comment about AH activity, something the yahoo chart does not show. As I said earlier, I think they were buys, because the transactions, (some of then >100k blocks)were crossing at $.93...for every seller a buyer, and vice versa, and the AH price was not diminutive to pre-news activity.


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