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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/17/2001 2:24:56 PM
From: besttrader   of 37746
 
14:10 ET FOMC Minutes : Hearing some talk that the FOMC minutes are weighing on the market, though Briefing.com can't see any reason for that; the minutes indicated that the votes for both the March 20 easing and the intermeeting easing on April 18 were unanimous, and obviously the additional easing on Tuesday indicates that Fed officials remain concerned about the economy and are predisposed to ease further.

14:16 ET RF Micro Device (RFMD) 33.61 +1.91 (+6%): -- Update -- Positive comments by CSFB after firm presents at firm sponsored conference; according to firm, RFMD has good visibility going into Q2; sees 20% sequential growth. Briefing.com notes that this 20% figure is consistent with prior guidance.




14:10 ET Openwave (OPWV) 36.27 -1.10 (-2.9%): Nokia (NOK) on the road making extremely bullish comments on the future of enabled phones. Hearing from sources at Robertson Stephens that firm out with positive call, extrapolating this as a positive for OPWV, which is a major NOK supplier.
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