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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/24/2001 1:37:59 PM
From: besttrader   of 37746
 
13:29 ET Sun Microsystems (SUNW) 20.75 -0.74: Hearing from trading floor sources that CSFB made cautious comments on SUNW; saying that numbers might come down at Tuesday's mid-qtr update, that April was weaker than Q1, and that there has been increasing price pressure. No official research note out yet.




13:02 ET Cypress Semi (CY) 23.71 -0.38: Hearing trading floor speculation that CY's business has deteriorated and company will have to preannounce; talk appears to be emanating from a top-tier brokerage firm analyst but there was no official note.




12:58 ET Strong Groups : Small-cap biotech: ASTM (+22%), GENE (+21%), GNTA (+10%)... Digital Subscriber Line (DSL): CMTN (+27%), COVDE (+12%), TSTN (5.5%)... Web hosting: DIGX (+10%), GBIX (+9.5%), GENU (+7%).




12:36 ET Peregrine Sys. (PRGN) 31.33 +1.18: Stock running just 30 minutes into an analyst meeting today; we haven't heard any details yet on the reasons for the move in the stock.
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