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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (486)1/14/2003 6:00:16 PM
From: Jibacoa  Read Replies (2) of 1404
 
ARRS Closing today near its intra-day H, it seems now ready to test its September 26 H at the 4.30 level.

"Comcast intends to spend between $2 billion and $2.5 billion in 2003 to improve AT&T Broadband's network."

"Among the small equipment makers poised to benefit from Comcast's network upgrade, Arris stood out for having a strong fourth quarter. The company should be making "lots of trips to the bank this quarter," said Bezoza, who does not own shares of the company. Arris was able to generate nearly $90 million in operating cash flow and paid down lots of debt during the quarter, the CIBC analyst said."

biz.yahoo.com

siliconinvestor.com

On a close above 5, the shares could test the resistance at 9, for more than a 100% gain from present levels.

siliconinvestor.com

Bernard
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