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To: Andrew Vance who wrote (12247)2/20/1998 1:28:00 PM
From: Andrew Vance  Read Replies (3) | Respond to of 17305
 
*AV* -- I might be too soon but the confirmation came back at $43.75 for addirions to my personal account and for the other account.

Thanks again Judy.

Patrick-I am waiting for the CALLS to clear but they are moving away from me. And before you start in, yeah, the months were mixed up (Apr instead of Mar - I did follow your advice). I have some Mar options I am positioning myself in. I think you method is better, just use the symbols, less mistakes.



To: Andrew Vance who wrote (12247)2/20/1998 2:44:00 PM
From: Judy  Respond to of 17305
 
Andrew, I'm going to think about CIEN over the weekend. By a dead cat bounce I mean a 20-25 percent recovery of the drop within a month or so. Note that NN, ADCT, and ANAD all did so after they tanked on warnings, but they also have a broad base of customers while CIEN draws its revenues from a few major clients. And I'm not inclined to sit on dead money for an "unplanned" purchase.

Let me know what type of performance you expect from your long CIEN position, ok?




To: Andrew Vance who wrote (12247)2/20/1998 3:26:00 PM
From: Trader X  Read Replies (1) | Respond to of 17305
 
MO, what MO? I don't see no MO!

CIEN has been in a 10 buck trading range, 50 - 60, for the better part of 9 months now. Looks like CIEN gave berth to a 12 point drop.

The only mo this stock has had, is no mo! As in, no mo mo.

This is a stock that drastically lacks mo, other than downside mo, now.

Deserted yes. Momentum stock? No no.

BTW, DCB is DOA IMHO.



To: Andrew Vance who wrote (12247)2/20/1998 6:55:00 PM
From: Trader X  Read Replies (1) | Respond to of 17305
 
Wow Kevin, you were Right on Target!

Well, since nobody else is going to say that, I thought I would.

On Dec. 3 it was written,
Message 2869266

--
Andrew, all--looking for clues to the end of this TECH correction.

techstocks.com

I started out wanting to find a few tech stocks that would show the typical TECH correction pattern over the course the last 6-7 years, so I started out with Andrew's latest fund list....culled that down to AMAT and KLIC. Therein the chart.

As it turns out, these two seems to show that there may be more to down side for the Techs. And, even if we are near the bottom, there should be another 3-4 months of grovelling near these levels before the next uptrend begins.

In short, although prices are pretty low, there could be some rough riding untill the next upsurge. Anyone interested in some nice retail stocks?

-Kevin

--
Ok, so 3 months later we have most of the semi and semi-eqips in the same price range they were in on Dec. 3rd, right before they got thrown kicking and screaming down another flight of stairs. That kick turned out to be the bottom, so far.

Just reminiscing. Now, back to your regularly scheduled program.
-kh