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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Return to Sender who wrote (28009)	9/7/2000 3:15:24 PM
From: Johnny Canuck	Read Replies (2) of 68358

Muted reaction so far on NOK and RFMD. I expect RFMD to try to break the down trend line again. So far not stopped out of initial position. Nokia (NOK) 44 3/8 +1: CSFB reiterates STRONG BUY rating following company's upbeat presentation today regarding their prospects for the remainder of the year and into 2001. Highlights of the presentation include key handset launches which remain on track; company reviewed its CDMA plans and is ramping production on its 5185i for Verizon; firm anticipates a strong Q4 with robust growth and margins exceeding 20%.

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