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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	6/13/2001 9:30:24 AM
From: besttrader	of 37746

Read deterioratING, not "getting better 2nd half" --> 08:18 ET Adobe Systems (ADBE) 41.18: Ahead of company's Q2 earnings release tomorrow, CSFB says that there are clear signs that European sales will continue to deteriorate in Q3; based on its European sales estimate of 6%, sees total Q3 growth of 2% vs market estimates of 2-15%; expects modest downside for stock if company disappoints with Q3 guidance. 08:15 ET Morton's Restaurant (MRG) 25.50: Steak house chain warns of a Q2 loss due to impact of the troubled economy, unfavorable business conditions and reduced business travel. Analysts were expecting company to post a $0.40 profit for the qtr. Expects future results to be affected by these adverse conditions.

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