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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

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To: IA who wrote (28203)9/21/2000 4:12:25 PM
From: Johnny Canuck  Read Replies (2) of 67962
 
Hi Inder,

Both NTAP and MERQ look good technically. I would have liked to see an acceleration in volume in MERQ though.
I don't follow either fundamentally. I think MERQ is one of Clint's favorite trading stocks. I will have to look at it more closely when I have time.

Interesting that DELL is looking for a strong 2H. I listened to part of the JBL call. They saw only 4 percent Q-Q growth in the PC segment and expect a flat next Q. They expect to see a tight component market overall due to their strong growth in contracts. While DELL is seeing a softening in component prices. Mixed picture forming right now. JBL is looking for 50 percent Y-Y growth in networking and telecommunications products. No slackening in demand. While the analysts are seeing slower subscriber growth for wireless and decrease capital spending. No clear direction here either.
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