Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Johnny Canuck who wrote (40204)	9/5/2003 3:46:29 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69853

14:53 ET Optical stocks strong amid rumor that positive Barron's write-up in the works Hearing that contributing to strength in the optical group today is a rumor that Barron's is preparing a positive piece on the group. This rumor is contributing to strong volume and price gains in sector names such as Bookham Tech (BKHM 1.85 +0.36, 24%), 9x avg volume; Corvis (CORV 1.99 +0.25, 15%), 5x avg volume; Tellium (TELM 1.14 +0.14, 14%), 4.7x avg volume; Avanex (AVNX 5.85 +0.48, +9%), 2x avg volume; Nortel (NT 4.01 +0.21, 5.5%), 2.8x avg; Ditech (DITC 8.22 +0.45, +5.8%), 2x avg volume; JDS Uniphase (JDSU 3.83 +0.14, 3.9%), 1.2x avg volume. [Harry: I find this hard to believe Barrons would be positive on the whole sector. The only up coming RFP is the government INTERNET II project. That being said laggards are GLW, SCMR and AVCI. GLW is the safest as it has re-affirmed guidance and is attempting to break out, but has not yet.]