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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 665.67-0.9%4:00 PM EST

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To: Johnny Canuck who wrote (36419)3/13/2002 11:34:37 AM
From: Johnny Canuck  Read Replies (1) of 68065
 
09:02 ET CYMI Cymer expects Q1 results to exceed earlier guidance (44.64) -- Update --
Semiconductor equipment maker now forecasts a sequential increase in Q1 revenues of 8%-11% vs previous guidance of a 4%-7% improvement. CYMI expects net other income/expense to be $1.8 mln up from previous guidance of $1.1 mln. Puts effective tax rate for 2002 at 27% vs earlier guidance of 25%. "Our visibility remains limited, but has improved relative to last quarter."

08:49 ET Comverse Tech fallout: DOX, CVG, OPWV
CIBC World Mkts believes stock weakness today in CMVT could spill over into DOX, CVG, and OPWV.




08:44 ET OPWV Openwave taken down 8% by CMVT warning (8.00)
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