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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Findit who wrote (97196)	10/30/2003 8:21:47 PM
From: wlcnyc	Read Replies (2) \| Respond to of 208838

Jim, SNIC - I also picked up more at 15.70 and 16.00. I did listen to the CC, albeit with only "one ear" because I was so busy watching the "plunge" and deciding what to do. I certainly heard nothing that would cause the drop. After all, they met their prior guidance as well as the street "expectations". My personal OPINION is that many shareholders (and daytraders) were expecting much more than that. Considering that it went from closing on Monday at 16.06 to a high of 20.08 today - it probably shouldn't be too surprising that there would be a sell off, but I was a bit "shell shocked" by the speed and depth of the plunge - which, of course, contributed to the panic (IMO). I wouldn't be surprised if an analyst or two reiterates their target prices tomorrow. I really wouldn't want to estimate how long it will take to get back to $20, but I would think it should gain a couple of points in the next few days. As you know, it is more a long term hold for me so I will wait it out. In the meantime, after one sell and three buys today, I now have more trading shares than when the day began - Let the games begin! I sure hope it works for you....Good luck! Bill