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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: S.C. Barnard who wrote (20107)	1/11/2001 9:07:43 AM
From: Louis V. Lambrecht	Respond to of 100058

-QUOTE OF THE DAY- "The worst has passed." - A statement issued by 35 Wall Street brokerages Oct. 24, 1929. Stocks continued to fall for three more years. (Information week) 08:22 ET Cisco Systems (CSCO) 36 1/4: CS First Boston reducing its 2001 revenue estimate $37.3 bln from $41 bln and trimming 2001 EPS view by 2 cents to $0.96; lowers "admittedly aggressive" price target to $65 from $87 to account for lower estimates and reduced visibility; reiterates STRONG BUY rating. (Briefing.com) 07:55 ET Motorola (MOT) 21 3/16: Bear Stearns believes that based on commentary in the press release and weak orders, company could issue further downside revisions to estimates during conference call this morning. (Briefing.com) 07:44 ET Yahoo! (YHOO) 30 1/2: -- Update -- ABN AMRO downgrades to REDUCE from HOLD after company reports in line Q4 net, but issues what ABN terms a "dismal" 2001 outlook. ABN is now forecasting a 21% yr/yr decline in EPS and only 6% revenue growth; firm sees no catalyst for the stock until late 2001. (Briefing.com) Don't worry, be happy. Anyway, session could be informative today. Yesterday, CSCO was beaten after a soso presentation at the Morgan Stanley conference, but the Naz managed to rise 3.4%. An up day on bad news is usually considered bullish. "The worst has passed." ? :-)