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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Johnny Canuck who wrote (38058)	8/20/2002 12:50:33 PM
From: Johnny Canuck	Read Replies (1) of 68127

07:46 ET TSM Taiwan Semi may be offering discounts (10.01) We are hearing from traders citing Bloomberg that TSM may be offering discounts to clients who have increased orders; TSM did not confirm a Economic Daily News report that the co is cutting prices for silicon wafers made with older technology, although a co spokesman said that "there shouldn't be any across-the-board decline in prices." TSM said on July 25 that the avg selling price for the co's silicon wafers in Q3 will fall by about 5% from Q2. 07:39 ET HD Home Depot beats by $0.03; reiterates guidance (29.03) Reports Q2 earnings of $0.50 per share, $0.03 better than the Multex consensus. Revs rose 11.7% to $16.28 bln vs the $16.52 bln consensus. For Q3, co sees EPS of $0.40 (Multex consensus $0.39: First Call $0.40). HD remains comfortable with the current full yr consensus of $1.57.

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