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: j g cordes who wrote (40579)	1/7/2004 7:38:39 PM
From: Johnny Canuck	Read Replies (3) \| Respond to of 69307

Hi Jim, Good to see you are still alive and kicking. My friend at NT said that sales for their wireless division are going great in the USA and that sales overseas are strong. On the optical sides, most of the OC768 divisions have been sold off. As a result I doubt the AVCI buyout rumor from today. There is just no demand right now. The fact is that the carrier are not ready for the tetrabit router that AVCI makes. There is just not enough equipment deployed that is fast enough to justify the deployment of those kind of systems in the network. The traditional landline business is still depressed as far as I know. Part of the jump in the sector is the good pre-announcement from ADTN. Most of their equipment is in support of the DSL deployments of the RBOC's. If it is like last Q, this will be ADTN specific. The fact is that they are gaining share. NT and LU have essentially left the market place and everyone else is too small for the RBOC's to accept as a sole supplier. As for the price of NT stock. I know of employee that still have a lot of worthless options despite the re-pricing. TLAB also making a jump. Overall I still have a sell signal on the market, so I am not adding anything new here. I will change my mind if the market does not run out of steam on Friday. The employment numbers are out and I can bet that a lot of investment professsional are waiting for that number to commit in one direction or another. Also this is the week before option expiration. A lot of people are squaring their positions away. Given the move in the Nasdaq a lot of people got caught on the wrong side of the trade. Not that the same strength is not being seen in the DOW and SP500 today.