Updated for: September 26, 1997
- signals stock for which rating or price target has been changed in past two days.
General Commentary
Briefing's list of Individual Stock Coverage
With the quarterly earnings barrage two weeks off and interest rates back on the rise, the
tech sector succumbed to another light bout of profit-taking in Thursday's session... While
the declines are a little disappointing after the gains posted early in the week, losses have
been orderly in nature and limited in scope... Consequently, once the earnings news starts
pouring in look for the sector to launch another sizable up move... Gains won't be as robust
as earlier in the year, however, given current valuation constraints... This is particularly
true in the large-cap, high profile names.
Also disappointing has been the muted response to the Montgomery Securities Investment
Conference. Presentations at this conference have not had the market impact they have at
times in the past. But for the record, here are some of the companies on the schedule for
tomorrow. Tech Data, Ascend Communications, Oxford Health Plans, WorldCom, Yahoo!,
JDA Software, Micron Electronics, Zebra Technologies, and Manugistics Group. |
