Jay, IMO, the markets will have to experience a major sell-off in order for EFNT to reach the 40s... -- EFNT2

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Date Posted: 11:00:01 07/31/00 Mon
Author: warren
Subject: Jay, IMO, the markets will have to experience a major sell-off in order for EFNT to reach the 40s...
In reply to: J 's message, "watch SMRA into 10s 1 more time, beartrap this AM. efnt into 40s. elnt a killer day flip. take the open" on 09:44:35 07/31/00 Mon

> and aim 4 - 8 points lower. will bounce to a decent
> close, usually only -2 at worst. Had to gap down to
> low 60s last week. Now gapping back up.
>
> bnbn to hell.
>
> NO overnights unless ya buy a crippled big name, ie
> COMS, or anything with little downside risk, bnbn
> excluded.

If the Naz does pull back,I'll be buying AMCC,PMCS
NTAP,and AMKR for long term holds.AMKR reports on the 3rd or 4th,that's the only reason I can think of why the stock is up.Good friend of mine has a brother who works for AMKR and he thinks the stock will be over $60 by the end of the year.
This same friend was at Semicon West a couple of weeks back
in SanFrancisco and he talked to some AMKR people there who
believe the stock could reach $80(markets willing)by the
EOY.I'd buy AMKR now,but I'm 100% in ACCD.I made a big
mistake selling PXLW at $19 and change.
Good luck

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Replies:

Agree on the efnt, like it where it sits. Ntap bought and left can't lose.eom -- Marty, 18:38:14 07/31/00 Mon
- NTAP : reports on 8/14... -- warren, 23:08:40 07/31/00 Mon
  - I have always liked NTAP. been keeping up with it for a year now. -- J, 09:36:35 08/01/00 Tue
    - Re: I have always liked NTAP. been keeping up with it for a year now. -- Marty, 09:56:41 08/01/00 Tue
      - i bet efnt & ntap don't get away a 2nd time. -- J, 06:38:39 08/02/00 Wed