Investors are showing their displeasure with the whole telecommunications sector. Participants are weeding out the best of the breed.

I think (investors) are going to be looking at how the market has performed and what the sector rankings are. I think that some of the recent gains that have come to a bit of a stall are probably a function of...the notion that once people come back from Labor Day, we should have a pretty good rally so they just wanted to get positioned ahead of that.

This suggests one of two things: either investors are unduly optimistic about the sector, or more ominously, perhaps, the homebuilders are seeing strong demand from non-traditional buyers, ... In other words, real estate speculators have moved into the market, replacing owner-occupiers as the primary end-buyers.

While the sector could remain volatile until then, we encourage investors to get back into these beaten-down optical leaders.

There'll absolutely be a shake-up. The best of breed emerges and survives.

They were looking at planting flowers, doing minimal landscaping, some painting, weeding, grass cutting, just doing the best you can.