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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 692.27+0.3%4:00 PM EST

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To: Johnny Canuck who wrote (36258)2/27/2002 12:50:54 PM
From: Johnny Canuck  Read Replies (1) of 69789
 
08:43 ET MRVL Marvell Tech: stock ahead of fundamentals, valuation (35.31)
US Bancorp Piper Jaffray says that although the co should report above-consensus Q4 rev tomorrow, the stock has run ahead of fundamentals and valuation.




08:38 ET THQI THQ games at top of Xbox and Game Boy sales charts (43.86)
Announces that it has topped sales charts for the Xbox and Game Boy Advance according to independent retail data from NPD Funworld. WWF Raw, the co's licensed video game in partnership with JAKKS Pacific, the number one selling Xbox game for the for the week of February 10-16. In its first week, "WWF Raw" sold the most units ever for a third-party Xbox game.


08:20 ET VRTS Veritas Software: coverage resumed at Solly with a lower rating (37.76)
Salomon Smith Barney's new analyst assumes coverage of VRTS with an OUTPERFORM rating and $42 price target (down from prior analyst's Buy rating and $56 target); says that despite solid fundamentals, firm is cautious on co because new products face established competition and because VRTS trades at a premium to comparable enterprise software and storage hardware vendors.
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