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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	3/7/2001 11:35:54 AM
From: just hit it	of 37746

11:15 ET Seattle Genetics (SGEN) 8 3/8 +1 3/8: IPO opens for trading. SGEN is a developer of monoclonal antibody based drugs to treat cancer and related diseases. The 7 mln share deal priced at $7, below the $8-$10 range. Company is backed by high profile names such as Bill Gates and Paul Allen. JP Morgan and CIBC World Markets served as co-lead managers. 11:12 ET Pullback Hot List : Scientific-Atlanta (SFA), intraday support $52... Intuit (INTU), intraday support $45 1/4... Intel (INTC), intraday support $32 1/2... Ciena (CIEN), intraday support $74 3/8... Juniper (JNPR), intraday support $60 1/2. 10:58 ET Aremissoft (AREM) 23 +1 1/4 (+5.8%): Company reiterates comfort with the consensus estimates for Q1 and is optimistic about business for 2001. Says experiencing no diminution of business activity outside of the US; notes that business in the US is running above expectations. 10:44 ET Wild Oats Mkts (OATS) 7 29/32 +15/16 (+13.4%): Investors applauding appointment of Perry D. Odak to CEO post. Mr. Odak, formerly an executive at Ben & Jerry's and Armour-Dial, replaces company founder Mike Gilliland.

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