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Strategies & Market Trends : The Amateur Traders Corner
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To: Paul A who wrote (18072)1/8/2002 8:08:30 AM
From: Tom Hua  Read Replies (2) of 19633
 
Good morning Paul, looks like you will get that extra pt on INVN. Could be fun trading it today.

08:00 ET Merrill Lynch on Wireless group : Merrill Lynch downgrades the wireless group to
UNDERWEIGHT due to demand concerns; expects infrastructure mkt to decline 5% in 2002 as
operators scrutinize capital spending which hurts pricing, ERICY most vulnerable; cautious on
handset mkt due to weak sales and rising inventories in Q4, NOK could pullback if they have no new
products and see seasonal softness.

07:57 ET Western Wireless (WWCA) 25.63: Co warns that Q4 service revenues will come in
between $208 and $211 mln. Based on the Multex consensus, WWCA was expected to log rev of
$260 mln for the qtr. "Unfortunately, during the fourth quarter roaming minutes from all of our
partners grew less than we expected as a result of a slowdown in travel nationwide."

Regards,

Tom
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