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Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?


To: SteveG who wrote (363)2/3/1998 12:33:00 AM
From: SteveG  Read Replies (1) | Respond to of 1181
 
Some further YURI background:

from zdnet.com

"..Lucent Technologies Inc. (www.lucent.com) will market Asynchronous Transfer Mode (ATM) access products from Yurie Systems Inc. (www.yurie.com) under a three-year agreement. Yurie's products let corporations put slower voice, data and video traffic onto a faster multimedia ATM network in a way that makes the most of the available bandwidth..."

And I understand that Lucent wanted to own this product/capability, but couldn't buy YURI, and has so far been unable to duplicate the product.

and from zdnet.com

Yurie Systems Builds ATM Access Business

and from zdnet.com

Prodigy Sells Its Network To Texas Company



To: SteveG who wrote (363)2/3/1998 10:51:00 AM
From: SteveG  Respond to of 1181
 
<...But in an irrational market reaction, it might well present another opportunity to buy YURI under 21 prior to Thursday's numbers/comments...>

Well, the best someone quick today would have done was ~22.

As we know, NN's *ATM* business was very strong.

Looking good here, hitting 23 3/4. 24 is short term (2 month) resistance, and 28ish after that. We're currently above both the 50 and 200 DMAs on strong volume. Seems earning's expectations are getting into the price, but I still think we'll get a bounce Friday morning.