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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: j g cordes who wrote (36625)	4/2/2002 1:46:25 PM
From: Johnny Canuck	of 68461

10:29 ET BBOX Black Box to hold conference call at 10:45 (51.06 -0.81) -- Update -- Co will hold a conference call to discuss their lowered Q4 guidance at 10:45 AM ET (call-in: 888-428-4474). [Harry: This can't be good for the IT space as BBOX makes money by maintaining corporate networks as well as installing new equipment. It could indicate a reduction in outsoucrced services due to the downsizing of companies. If due only to regional weakness in Europe then that has been expected. If North America is weak thought it does not bode well for EXTR, FDRY and CSCO. In light of the RSTN reduction in revenues and EPS just before they reported, indication are still for weak demand despite the spin analysts are trying to put on it.]

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