Remember the high-tech bubble of the late 1990s, when dot.com and networking company stocks rose by leaps and bounds, sometimes doubling and tripling in a single trading-day?
With the bubble busting in the early 2000, these days are gone. Some of these companies went bankrupt, while others stay very close to earth like fallen angels. Recently, however, a number of these companies have been rising in price, as they reported better than expected results. Cisco Systems (CSCO), Ciena Corp. (CIEN), JDS Uniphase (JDSU), Alcatel-Lucent (ALU) and Ariba Inc. (ARBA), for instance, they all reported better than expected results, and their stocks have been edging higher.
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