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Strategies & Market Trends : Guidance and Visibility

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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To: $Mogul who wrote (19962)	10/3/2001 3:50:15 PM
From: Kevin McKenzie	Read Replies (2) of 208838

$Mogul, I don't think today's movement has anything to do with a peace premium or perceived changes in market fundamentals. This is a big short squeeze for those traders and investors who got too complacent and scare easily. Stocks that analysts yesterday said may not survive next year (ie, Comverse Technology) are up 20 or 30 percent today. Also up are stocks that have huge debt loads, like Juniper and even Nextel is up a little.

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