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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 28 4:00 PM EST

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To: j g cordes who wrote (24760)	1/7/2000 3:40:00 PM
From: Johnny Canuck	Read Replies (1) of 68426

14:54 ET Christmas Day Massacre : In a report titled the "Christmas Day Massacre," CIBC World Markets reiterated its "hold" rating on Amazon.com (AMZN 69 5/16 +3 3/4), noting that company's margins coming under pressure as online shoppers become more adept at finding deals... Firm advises trimming portfolio holdings in e-tailers and focusing on e-commerce plays like eBay (EBAY), America Online (AOL) and Yahoo! (YHOO). 14:43 ET Fiber Optics Movers : Group has been ignited by Lucent (LU) indications of extremely robust demand for fiber optics products: SDL Inc (SDLI 194 1/2 +22 3/16)... JDS Uniphase (JDSU 170 7/8 +21 1/8)... E-Tek Dynamics (ETEK 120 1/2 +21 7/16)... Sycamore Networks (SCMR 266 3/8 +9 3/8)... Ortel (ORTL 104 7/8 +6 3/8)... NetOptix (OPTX 85 3/4 +7 1/8)... MRV Communications (MRVC 55 +2 15/16).. Precision Optics (POCI 15 15/16 +1 7/8).

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