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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (37656)	7/16/2002 12:31:35 PM
From: The Ox	Respond to of 68182

Yes, I bought TXCC in the low 60s. My guess would be that it is about 75% undervalued at the current price. It had slipped off my radar while I was researching semi-equips and, specifically ATE companies (automated test equip). I really like TER for people who are adverse to playing companies that trade under $10 or $5 per share. I would expect that TER will be a 40% to 60% gain within the next 12 months. I have a very high risk tolerance for a portion of my portfolio and TXCC fit the bill. I liked CNXT after the spin off - it opened at $1.12 but it's now run 140% since that day, so I wouldn't even think of chasing that one at this stage.

To: Johnny Canuck who wrote (37656)	7/16/2002 12:48:35 PM
From: The Ox	Read Replies (1) \| Respond to of 68182

Let me add that I think T1 growth is being stunted by excessive prices and by the traditional issue of the RBOC approaching the T1 from the monopoly point of view. While a DSL line is not exactly the same as a T1, I can purchase a 1.5meg DSL line in Chicago for about $80/mo and I can get the same bandwidth on a T1 for about $600/mo. The RBOCs have an incredible margin built into T1s and they are a major cash cow. Not to mention that they need to wire all the separate phone lines out of the T1 into their traditional architecture and then reaggregate them into their SONET infrastructure. Seems backwards to me, in this day and age.