Bodies in motion stay in motion theory stocks:
jnpr nxtl gx lvlt cmvt rmbs itwo cls avnx
jdsu newp mrvc digl brcd stor aklm ttwo
rfmd nok rimm
Stocks with no news, possible leaders in next re-bound:
JNPR , MRVC, CMVT, CLS, AVNX, NEWP, DIGL, AKLM
(interesting ... 4 of these are opticals and jdsu was up
today too ... finally buying interest in this sector????)
JNPR up on no news. At IPO price as mattie suggested. Good
sign as it indicates a strong level of support. It needs to
hold 10 to stay in the Funds radar though.
BRCD upgraded.
TTWO up on revised guidance.
MRVC - no news
RMBS - continuing up on re-signing on new licensing
agreement with INTC, guaranteed rev stream of
$10 mil per Q
LVLT up on agreement to swap debt for shares.
NXTL up due to speculation of demand for wireless
in light of attacks.
GX confirmed dividend on convertibles.
CMVT up on no news.
ITWO up despite CSFB downgrade of sector.
CLS up on no news.
AVNX bounced off cash per share level despite class action
lawsuit announcement. Volume was low though.
JDUS rallies despite announcing large write off
that previously announced.
NEWP up on no news.
MRVC up on no news. Now trading below cash/securities
level
DIGL up on now news.
STOR up on confirmed guidance on Sept 6, perception of
demand for offsite data storage facilities in light of
attack
AKLM up on not news
RFMD and NOK up on story in WSJ suggested increase in
wireless demand in light of attack.
RFMD confirmed books already in place to make Q.
"One promising note in the mobile-phone sector, however, is the long-awaited end to an inventory backup that took the first two quarters of 2001 to work off. Mobile-phone makers started 2001 with 30 days of mobile phones in the sales channel and in their own warehouses after a tough holiday season. In the third quarter, that overhang is gone, and mobile-phone makers have begun to reorder"
RIMM up despite downgrade yesterday. |
