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Strategies & Market Trends : Guidance and Visibility

AAPL 273.67

+0.5%

Dec 19 3:59 PM EST

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To: 2MAR$ who wrote (66281)	8/9/2002 9:27:51 AM
From: SusieQ1065	Read Replies (1) of 208838

Jeff Bailey 8/9/02, 09:27:00 Emulex Corp. (ELX) $23.61 ... stock is going to get hit lower this morning and trading $19.03 over Redibook. Last night, company set sales expectations at plus-or-minus 3% for the current quarter. Goldman Sachs followed by downgrading to "market perform" from its "recommended list" citing disappointing revenue growth outlook and increased competition. Link Trade at $20 is "sell signal" and would turn vertical count bearish to $15.

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