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


To: Logain Ablar who wrote (40857)3/22/2004 1:29:07 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70379
 
There is something more fundmental and wide reaching happening in the sector. FDRY sold off at the same time as AVCI. They both sold off in a big way, yet they represent different segement and have different customers.

Part of it is response to low growth guidance from CSCO during a recent conference. At the same time LU was given mixed guidance on the line line side.

At least CIEN looks be to finding some support at $5.00.