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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 672.07

-1.7%

4:00 PM EST

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To: Johnny Canuck who wrote (36566)	3/25/2002 9:04:36 AM
From: Return to Sender	Read Replies (1) of 67886

From Briefing.com: 7:45AM Solly raises price targets on semi equipment co's : Salomon Smith Barney raises price targets on the following semi equipment co's: AMAT to $75 from $48 (pre-split), KLAC to $78 from $58, LRCX to $40 from $31, MYK to $18 from $15, NVLS to $78 from $57, and TER to $45 from $35. 7:41AM Cisco Systems should benefit from stronger March IT spending-- Lehman (CSCO) 16.57: -- Update -- Lehman says that their checks indicate that US IT spending trends are steadily improving in March after a soft Feb, which should benefit CSCO. Maintains Strong Buy rating and $23 price target. 7:19AM Intersil downgraded at UBS Warburg (ISIL) 29.70: UBS Warburg downgrades to Hold from Buy due to mounting competitive threats (INTC, TXN, BRCM, CSCO) and questions regarding ISIL's ability to generate accretive results from its acquisition of ELNT in 2003; also, checks indicate forward pricing on 802.11b contracts for Q4 has weakened materially; firm lowers Q4 rev/EPS ests to $150 mln/$0.17 from $155 mln/$0.20 and lowers 2002 est to $0.90 from $1.00; lowers price target to $28 from $40. finance.yahoo.com^SOXX+^IXIC&d=t It looked like we would see a pretty strong open today Harry but it is weakening now. RtS

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