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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Jan Crawley who wrote (9905)6/22/2001 9:07:21 AM
From: Paul Shread   of 52237
 
Here's why:

08:51 ET SoundView on Opticals : -- Update -- Hearing from sources at Wit SoundView that the firm did indeed upgrade Nortel (NT 8.45) to BUY from Hold (see 8:10 comment), saying that recent guidance reductions set the stage for gradual improvement. Upgraded JDS Uniphase (JDSU 10.91) to STRONG BUY from Buy, saying customer activity levels are unsustainably low and Sep qtr guidance will prove too low. The firm also upgraded Optical Communications (OCPI 10.56) to STRONG BUY from Buy, saying qtr is in-line.
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