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Strategies & Market Trends : LindyBill's Ballroom

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To: LindyBill who wrote (169)10/11/2001 9:14:24 AM
From: stockman_scott   of 248
 
08:36 ET Brocade Comms (BRCD) 19.02: Surges 8.4% in pre-market. Hearing from traders that move sparked by Bloomberg article in which company CEO indicated that he expects BRCD to meet Q4 sales numbers. CEO did not discuss earnings outlook.

08:30 ET Economic Data : Jobless claims fell 67K to 468K in the Oct 6 week vs the consensus of 510K; the sharp reversal in claims after the huge jump last week will be somewhat positive for the market, as it might allay concerns that last week was the beginning of a much more bleak trend in claims.
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