SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TradersChoice 2000 -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (252)9/28/1999 8:41:00 PM
From: ynot  Read Replies (1) | Respond to of 604
 
iqc.com



To: Jeff Jordan who wrote (252)9/28/1999 8:55:00 PM
From: Jeff Jordan  Respond to of 604
 
I found my source....
nyse 26 new highs....238 new lows this is a slight improvement from yesterday!
cbs.marketwatch.com

Negative Earnings Surprises
Symbol Estimate Actual Surpr%
SCSWF 0.29 0.22 31.82

Index Last Change
DJIA 10275.53 -27.86
Nasdaq 2756.25 -5.50
S&P 1282.20 -1.11
December Gold 310.00 +26.20
December Crude 24.05 -0.24
30 Yr Yld 6.06 +0.04
Euro 1.05 +0.04

Analyst Upgrades......................

Symbol Broker To From

BEC Wasserstein Perella Strong Buy Buy

AET Prudential Strong Buy Accumulate

UIS PaineWebber Attractive Neutral

ABX Lehman Brothers Outperform Neutral

STN Schroder & Co Outperform Perform In Line

Analyst Downgrades ................

Symbol Broker To From

COP JC Bradford Buy Strong Buy

ANSR Southwest Securities Accumulate Buy

ANSR Raymond James Accumulate Buy

HWP Josephthal & Lyon Hold Buy

AET Goldman Sachs Market Outperform Recommend List




S&P Analysts' Actions
By -- S&P Personal Wealth
Tuesday September 28, 8:45am PT —

Consolidated Products (COP): Downgraded to 3 from 4
Analyst: Steve Tekirian
Comments: Co. expects FY Q4 EPS slightly higher than last year's $0.21, below our $0.24 estimate... Attributes shortfall to increase in labor costs and deceleration of new store openings... Co. reevaluating expansion strategy, citing challenges associated with planned 20% increase in units... As result, COP expects to open 40 new locations in FY 00 (Sep.), down 20% from previous plan... With menu price hikes not offsetting wage pressure, and with less aggressive growth strategy, COP no longer attractive for purchase.

Adobe Systems (ADBE): Upgraded to 5 from 4
Analyst: Scott Kessler
Comments: Leading provider of graphic design, publishing and imaging software poised to post 20% annual rev. growth... See new InDesign product accounting for more than $135M in FY 00 (Nov.) revs... Aug. '98 restructuring resulting in more effective cost controls, product management and consistent earnings... With the Web standard for document transmission, very bullish on Net business (over 30% of revs.).. Robust market opportunities, strong product pipeline, extensive venture investments and excellent fundamentals warrant purchase.

Extreme Networks (EXTR): Reiterate 4
Analyst: Mark Basham
Comments: Rise likely related to commencement of trading of competitor Foundry Networks after pricing of that company's IPO at $25 per share... Highlights attractive growth prospects for industry, and EXTR... Also, think some see short-term buying opportunity in EXTR, after shares traded down during last week's steep market decline.