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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (25867)	7/24/2000 1:16:18 PM
From: drsvelte	Read Replies (1) of 42787

10:39 ET PC Growth : UBS Warburg reports that US personal computer growth slowed significantly in Q2, to 14.5% from 20.0%; says most notable event was the slowing of Dell's (DELL 51 -1 3/8) growth rate to 22.3% from 30.6% in March. 12:58 ET Corning Inc (GLW) 252 7/8 -30 3/8 (-10.7%): -- Update -- Technical -- Recovery attempts lack underlying strength with GLW recently pushing to a new pullback low. Aggressive slide and negative daily indicators suggest that further weakness is in store with recovery attempts considered temporary. Next support is at 240/238 with a strong floor at 226 (38% reversal off the April low and the March high).

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