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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (118447)12/7/2000 4:20:24 PM
From: 2MAR$  Read Replies (1) | Respond to of 120523
 
Was scalpin EMLX short ah ....and bang fell like a stone !

Intel (INTC) 32 3/8 +5/8 halted: -- Update -- Halted news pending. Nasdaq futures tank 48 points.

Emulex (EMLX) 153 1/16 -2 11/16: -- Update -- Announces the acquisition of Giganet Inc. for about 4 mln pre-split common shares or about $645 mln. EMLX sees a $10 mln charge for acquisition. Also announces it sees revenue of $285 mln for FY01; expects EPS of $1.48 for FY01 vs the First Call mean of $1.43.