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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject6/7/2001 10:47:38 AM
From: besttrader   of 37746
 
Sears, Roebuck (S) 39.96 -0.56: Reports total domestic store revenues for the month of May were $2.30 bln; comparable domestic store revenues decreased 3.3%; total domestic store revenues decreased 2.8% compared to $2.37 bln year ago; company says this was another challenging month as the slowing economy continued to affect sales and cooler weather discouraged consumers from purchasing seasonal items; see press release.

Citrix Systems (CTXS) 27.49 -0.47: Thomas Weisel upgrades to BUY from MARKET PERFORM the day after company hosts a conference call discussing modest acceleration in growth in core business; Weisel cites superb inventory management and a strong leadership team; raises price target to $40 from $32.50. Dresdner Klnwrt Wass reiterates HOLD rating.
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