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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11226)	2/3/2001 12:23:33 AM
From: Trader X	of 12039

XYZ Widget Co. positions for the New Economy. The CEO of XWZ widget co. (NASDAQ: XYZW) today announced plans to form a new division that will focus on producing fiber optical widgets for broadband internet data communications. The new division will be formed by the purchase of privately held ABC Gadget Co., which is a Fortune 500 fiber optic equipment manufacturer. The new division is expected to add approximately $500 million in revenues the first year of operation. Shares of XYZ Widget were up $7.35 on the news to $46.25. ©2001 Tx Communications, Inc.

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