To: Johnny Canuck who wrote (26338 ) 4/26/2000 1:38:00 AM From: Johnny Canuck Read Replies (2) | Respond to of 71105
Follow through of double bottom on the COMPX EPC= 0.34 A big portion of the gains on the COMPX came in the last hour. A quick check of I-watch volume on some of the gainer indicates less institution action than the price gains indicate. AMCC and PMCS are exceptions. We need the institution participation to sustain the gains. People reacted positively to GLW earning. They beat by 6 cents. It is a positive to see stocks react to earnings again. After the market close FFIV, NT and JDSU reported. FFIV met. It has a history of beating by a wide margin. Competitors reported blowout numbers so far. Down in after market. NT exceed their number handily with greater than anticipate revenue growth. JDSU beat by one cents. Given the expectation set up by ETEK, SDLI, NT and GLW this should be a disappointment for JDSU. LU and NT earning set a good backdrop for ADCT. Last upgrade to ADCT gave a $70 target. Fair value is the low to mid-40's so it will have some protection in a market correction. It has held up the best in the volatility the last few weeks. Rally was broadly based. People are just sick of the days and days of selling and are looking for a reason to buy. Wed Apr 26 1:25am ET - U.S. Markets open in 8 hours 5 minutes. Dow 11124.82 +218.72 (+2.01%) Nasdaq 3711.23 +228.75 (+6.57%) S&P 500 1477.44 +47.58 (+3.33%) NYSE Volume 1,071,140,000 Nasdaq Volume 1,634,140,000 30-Yr Bond 5.934% +0.078 INTERNET 12 +7.4% Edit Delete Compare Telecom Equip 21 +9.4% Edit Delete Compare RETAIL 8 +2.6% Edit Delete Compare SOFTWARE1 13 +8.3% Edit Delete Compare DSL 6 +11.5% Edit Delete Compare DWDM 15 +8.7% Edit Delete Compare Financials1 7 +4.2% Edit Delete Compare Carriers1 6 +2.2% Edit Delete Compare Telecom Construction1 3 +4.9% Edit Delete Compare networkers1 5 +7.3% Edit Delete Compare Contract Manufacturers 5 +3.3% Edit Delete Compare Tier 2, D-WDM 15 +12.1% Edit Delete Compare Broadband Cable 1 8 +6.3% Edit Delete Compare Harry's current watchlist 32 +6.3% Edit Delete Compare DOW 10 +0.7% Edit Delete Compare XML 15 +5.9% Edit Delete Compare Internet Security 20 +11.0% Edit Delete Compare Supercoductors 5 +11.8% Edit Delete Compare Bull Sector-optical 84 +10.1% Edit Delete Compare Satellite Stocks1 3 +13.9% Edit Delete Compare Strong Stocks March 16 Correction 22 +12.0% Edit Delete Compare Biotechs 9 +12.5% Edit Delete Compare CHIP EQUIPMENT 13 +7.8% Edit Delete Compare CHIPS1 18 +9.9% Edit Delete Compare MEMS 2 +4.5% Edit Delete Compare April 11 strong stocks1 16 +12.7% Edit Delete Compare