Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

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To: Johnny Canuck who wrote (37967)	8/8/2002 11:27:49 AM
From: Logain Ablar	Read Replies (1) of 69233

Harry: CREE is one of those exceptions with rising revenue guidance. They appear to be firing on more cylinders than most in tech land. CSCO may have give flat guidance but the book to bill will be below 1 so CSCO is taking from Peter to pay Paul. Storage - I guess we are waiting to elx tonight and brcd next week. QLGC & MCDTA had good calls (only listened while working so no notes). EMC has support @ 6 ish. They have cash / security value around $2.5 / share. I just remember storage broke after everyone else in Sept. elx broke 12 down to 8 area after market turned. elx is one of those companies where management under promises and over delivers so i expect at least the 16 cents.

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