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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: Johnny Canuck who wrote (32880)	6/19/2001 10:19:23 AM
From: Johnny Canuck	Read Replies (1) of 69661

10:00 -- 11:00 ET (Updated throughout the hour)****** Riverstone Ntwrks (RSTN) 18.97 +1.12: Robertson Stephens initiates coverage with a BUY; from a valuation perspective, firm believes that the company is trading at a discount to its competitors for the wrong reasons, presenting a significant opportunity for investors; says RSTN is executing well on the high growth metro market opportunity - shown through recent significant revenue growth; customer checks have indicated that the product is competitive with both Foundry's and Extreme's strong points, and, as a result, has both a high quality customer lists, as well as solid new customer traction.

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