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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 662.72+0.4%4:00 PM EST

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To: Bill Cotter who wrote (35156)11/15/2001 4:34:04 PM
From: Johnny Canuck  Read Replies (2) of 68124
 
Bill,

This news is a positive for KOPN and CNXT is there biggest HBT wafer customer. If CNXT starts to by again, KOPN will be hitting on 2 of its three cylinders. It just needs NT to start buying VSCEL's again. I expect some tract in 2H 2002 if the nT guidance is any indication. Strong support for KOPN is at 10, but I doubt it will pull back to that level when the market re-traces to alleviate the overbought condition.

13:48 ET Conexant (CNXT) 14.55 +0.24 (+1.7%): Hearing that the company has reaffirmed 3-5% sequential growth for the current quarter versus Street estimates at 3.3% sequential growth; company says inventories for wireless and PC chips back to normal.
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