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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.27

-1.5%

4:00 PM EST

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To: Johnny Canuck who wrote (32595)	6/4/2001 10:36:05 AM
From: Johnny Canuck	Read Replies (2) of 70713

Applied Micro (AMCC) 18.68: Morgan Stanley initiates coverage with a NEUTRAL; says AMCC is closer to the bottom, but believes the EPS trough may be deeper and last longer than generally anticipated; with an optimistic long-term, firm looks for an improvement in visibility and/or valuation to mark its entry point.

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