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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.47

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To: Johnny Canuck who wrote (27679)	8/22/2000 3:04:47 PM
From: Johnny Canuck	Read Replies (1) of 68386

13:13 ET Harmonic (HLIT) 30 3/4 -3/8 (-1.2%): CNBC reports that ADC Telecom (ADCT) has no interest in making a bid for HLIT. Harmonic shares have run up from $23 level traded last week as rumor of a potential ADCT buyout made its way through the market. 12:35 ET Tellabs (TLAB) 55 3/8 -2 9/16: -- Update -- Hearing that Lehman Brothers has been out in defense of the stock; Street still trying to explain the decline; see Story Stocks for Briefing's take. 12:13 ET EXFO (EXFO) 62 3/8 +3 (+5.1%): Company launches new FOT-700 Fiber-Optic Tester for fiber-optic installation and maintenance applications at NFOEC 2000.

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