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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (27416)7/24/2000 4:56:12 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68209
 
Clint,

>>If AMCC starts rolling over on Monday, I may short a few
>>stocks including AMCC.

It looks like you might get your wish. I expect the SOX will be under extreme pressure come Monday due to this news.

******************************

cbs.marketwatch.com

American PC sales drop sharply

By The Associated Press
Last Update: 12:19 AM ET Jul 24, 2000

"In the race for PC market share, Dell Computer Corp. (DELL: news, msgs) and Compaq Computer Corp. (CPQ: news, msgs) continued to duel. Dell extended its lead in U.S. market with a roughly 19 percent market share to Compaq's 14 percent as Dell continues to win big corporate customers, according to both Dataquest and IDC. Compaq remains the worldwide PC sales leader, with a roughly 13 percent to 11 percent market share lead on Dell, which continues to gain, the groups said.

Hewlett-Packard Co.'s (HWP: news, msgs) popular Pavilion series for consumers helped boost its sales 45 percent to become the No. 3 U.S. leader and defended a challenge from IBM Corp. (IBM: news, msgs) for the same spot worldwide. Gateway Inc. (GTW: news, msgs) was the fourth-largest seller in the U.S., followed by IBM Corp"