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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries) -- Ignore unavailable to you. Want to Upgrade?


To: frank 3 who wrote (3843)3/5/1998 7:13:00 AM
From: ChrisJP  Read Replies (1) | Respond to of 5015
 
Dear Frank,

I believe you are being too conservative in your estimate. INTC is down 10 points in after hours. The last 8% runup in the indecies we just had had no basis, so I think this 8% should dissappear just as quickly as it came. Maybe not in one day, but it will happen. But you're the one with money on the line so a conservative target is probably the wisest. Good luck catching the falling knife today !

INTC's warning is just the second big one I've seen (CS was the first) this season. I'm sure there will be more. By the time its over -- DOW back to 6500 IMO.

My dad and I looked at VTSS and CIEN last summer. We bought VTSS @ 38 but I passed on CIEN. Sold my VTSS last month for 49. I like VTSS but market conditions convinced my to sell my techs, even (gasp) CSCO.

The punch line: I used the money to but NORT at 1 3/8 !!!!!!!!!!!!!

Regards,
Chris



To: frank 3 who wrote (3843)3/5/1998 9:14:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 5015
 
Dear Frank,

You estimated NASDAQ down 50 -- you win again ! Maybe panic will ensue tomorrow and I will win (intellectually but certainly not financially)

Despite the rhetoric on the FIBR thread, panic did not ensue during the brief after hours trading. I'm not sure where the stock will trade, but a shorting MOT would have been a sure thing. Looks like shorts and longs look at FIBR through very different sets of glasses.

Regards,
Chris