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Author:

Jam ok

Subject:

Off Topic

Date:

05/04/16 at 1:22 PM CDT

 

 

READ: 3

RPLY: 1

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Sentiment:

Neutral

OT - network sector

Fallon and CFO buys are obviously their vote of confidence. I'll have to look at what covered calls might yield. CIEN loooks WAAAY oversold, but that thesis has burned me before. 

I am tempted, and think, that I may add more NOK here - only hesitation is that it's not showing much of a sign of rebounding from here yet, as it has before - yet. I am also interested in CSCO, which has dropped from $29.xx as the year's high into the $26's. Almost $4 dividend. But I wish I had snapped it up when it was $23, and it may go there again. I have no clue as to how they're doing and how they're positioned.

The whole market itself feel squishy, contradictory day to day, and uncertain. What puzzles me is - how are all the the data-sucking companies managing to continue to spend meager $ on capex building able to do that for so, so long. If I look at each of those stocks downward trend, I'd swear that the secular growth thesis could not be true - more like they're whip and buggy manufacturers. It flummoxes me. My best idea is to have the patience of Job (as the market, playing the part of God in this drama, keeps torturing me, testing how strong my faith is :-)

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