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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: Johnny Canuck who wrote (32764)6/13/2001 3:40:52 AM
From: Johnny Canuck  Read Replies (1) of 68652
 
RF Micro Device (RFMD) 25.80 -0.61: Trading floor sources telling us that, at the CIBC Communications Conference, RFMD reiterated Q2 guidance of 20% revenue growth even with the Nokia warning; remained cautious on gross margin improvement.






Texas Instruments (TXN) 34.90 -1.91: Heard from sources at Lehman that analyst Dan Niles maintains cautious stance on TXN. Notes that TXN's bookings are still declining qtr/qtr, which combined with rapidly dwindling backlog makes Q3 revenues more likely to decline qtr/qtr vs. firm's forecasts of a 7% increase.

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KLA-Tencor (KLAC) 57.81 +0.95: Tucker Anthony Sutro downgrades to UNDERPERFORM from Market Perform due to valuation; says outlook is weakening -- cuts FY02 EPS by $0.36 to $1.02 and reduces price target to $41 from $44.
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