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.

Technology Stocks : ADC Telecommunications -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (390)	3/8/1998 7:13:00 PM
From: j g cordes	Respond to of 1944

Harry.. off topic Very good on NN, your report is essentially the same info I've been able to put together from various sources. My first foray was with some calls which I got into and out of nearly perfectly then lost 10% of on MOT's after hours notice. I'm expecting some more selling of most stocks this week, but NN is on my list to re-enter after some puts have done their work elsewhere. NN is the most undervalued of the big players, ATM is absolutely in place and dragging in new business. They won't be appreciating stock prices right away, my guess is mid summer to see the targets you refer to ... that's not a bad return though and the stock is more secure in my opinion at these levels than CSCO for example. There are so many wonderful technologies out there now, its like living in... no we are living during the second renaisance. Currently puts on ASMLF, IBM, HWP Stocks CEPH, TAVA, CHIR, SLIC, ISON, WJ (check out the chart on this for a turn abound bottom eventually), and a variety of others. Trying to learn about the drillers and recovery companies, drug companies seem endless and tough to understand their markets. It seems that once their actual market and profits are evident they sell off.. a transition from being spec plays to real plays whose boundaries are suddenly defined. Read in the China papers on their intentions to spend their way out of the Asian flu, against the Indonesian problems and those in SKorea. They want to put a trillion into new technology initiatives between now and 2002. Think of it, a billion people without voting rights using cell phones! Not. After a strong January and a strong February and a strong March so far, it seems prudent for the averages to cool off a little... yet Friday's action proves money is willing to buy any selloff. It feels like a bull trap, but betting against it has proven dangerous for anything more than spike bottoms that rally. I've been making all my option trades with minute by minute caution and have been willing to take profits earlier than normal... Will e fax #s when I look them up tomorrow. thanks. Jim