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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 677.56

-2.0%

Jan 20 4:00 PM EST

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To: Return to Sender who wrote (32891)	6/19/2001 4:39:14 PM
From: The Ox	Read Replies (1) of 69899

I think IDTI will be one of the better stocks once we get passed the worst of it. They have made significant improvements over the past 2 years and looks to be on track for the future. Obviously, they have to deal with the current market conditions first. Good luck with your purchase/trade. TLAB news: Tellabs sees break even vs. consensus --4:24pm - By Barbara C. Costanza Tellabs slashed its second-quarter revenue and earnings expectations, citing difficulties in the telecommunications market place. Lisle, Ill.-based Tellabs (TLAB) said second-quarter sales are expected to be $500 million, compared with earlier expectations of $780 million to $820 million. The telecom equipment maker now expects to break even on a per share basis, before restructuring and other charges. Analysts currently expect the company to post earnings of 29 cents per share, according to the consensus estimate of analysts surveyed by First Call. Shares closed down $1.10, or 4.9 percent, at $21.20 and were halted in evening trading.

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