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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Johnny Canuck who wrote (42615)	9/8/2005 11:33:56 AM
From: Johnny Canuck	Read Replies (1) of 68622

10:35 DY Dycom downgraded to Neutral at DA Davidson (18.82 -0.49) -Update- DA Davidson downgrades DY to Neutral from Buy as the anticipated recovery in demand for telecommunications infrastructure led by last mile initiatives appears to be developing at a slower rate than they had expected. Although firm remains optimistic about the long-term opportunity in this market and DY's position as a market leader, these delays are likely to lead to slower growth over the near-term. [Harry: ADTN guidance suggests a different story with specfic carriers in the business segment.]

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