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

To: j g cordes who wrote (15767)4/29/1998 4:05:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68211
 
Hi Jim,

On the infrastructure side of cable try HLIT, ORTL, General Instruments. I can't remember the rest off the top of my head.
HLIT reported that TCI, one of the largest cable providers, has started spending again. If you look at the chart you will see the jump
in HLIT just after earnings recently . ORTL followed a day later when HLIT was upgraded. ORTL has fallen back the last few days. It usually reports late in the earnings season. They have a new line of 1550 nm lasers suitable for WDM. They are one of only 2? independent suppliers of 1550 nm lasers and amplifiers for WDM. They also have a line of
CDMA repeaters. Interesting little small float company that is trying to change its product mix.

Harry



To: j g cordes who wrote (15767)4/30/1998 10:13:00 AM
From: Clint E.  Read Replies (1) | Respond to of 68211
 
Jim, great shorting opportunity into this opening gap...PSFT established the top of its trading range this AM....I took another bite at shorting it at 48-1/2, around its 50dma......Remember that PSFT got sick right after earnings when NAZ was making new highs so its weakness outscores NAZ......Clint


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