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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/2/2001 12:41:25 PM
From: besttrader   of 37746
 
12:28 ET Broadcom (BRCM) 47.12 +5.16 (+12.3%): Company presents at the Merrill Lynch Hardware Technology Conference; according
to Merrill, Broadcom expects inventory correction to be completed by Q3 or Q4 and growth to resume by yr-end; company not seeing an
inventory glut in the cable set-top market.

12:23 ET JDS Uniphase (JDSU) 23.30 +1.20: Hearing that company says in its H&Q presentation that the inventory correction will run its
course by September.

12:35 ET United HealthCare (UNH) 64.00 -2.16: Hearing rumors on trading floors that a major brokerage firm will make negative
comments on UNH at its afternoon meeting; the firm currently rates the stock a Hold; no way of confirming these types of rumors.
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