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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (42052)6/14/2002 8:41:45 AM
From: Paul Shread  Read Replies (2) of 209892
 
07:19 ET Qualcomm cut to Mkt Perform at Deutsche -- writing on the wall (QCOM) 32.39: Deutsche Securities downgrades to MKT PERFORM following Sprint PCS release of dismal results. PCS announced that net subs would be approx. 300k vs consensus of 600-700k; capex was cut by $100 mln. Leads firm to lower estimates; FY02 goes to $0.85 from $0.87 and FY03 to $1.02 from $1.05.

06:57 ET Suicide bomber attacks U.S. consulate in Karachi, 7 dead : The Wall Street Journal reports that a suicide attacker crashed a bomb-laden car into a guard post of the U.S. Consulate in Karachi, Pakistan on Friday, blowing a huge hole in the compound's heavy concrete perimeter wall and leaving 8 people dead and at least 45 others injured.
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