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Strategies & Market Trends : Bottom (and Top) Pickers, Unite! -- Ignore unavailable to you. Want to Upgrade?


To: Teresa Lo who wrote (4)1/14/2001 4:34:56 AM
From: 2MAR$  Respond to of 214
 
As lively as a fresh new little babies bottom ? ;-)



To: Teresa Lo who wrote (4)1/14/2001 12:00:21 PM
From: kha vu  Respond to of 214
 
ARBA:
<<The influential CSFB raised Ariba's fiscal 2001 EPS
estimates to $0.26 from $0.14 and 2002 to $0.56 from $0.42 -
that's quite an adjustment! Take a look at last week's chart and it's easy to see that the $33 and $34 levels kept ARBA afloat before and after the earnings' adversity. Of course, we'll exit the play if ARBA demonstrates continued weakness and closes below the $32 mark. You might consider taking entries on a high-volume rebound through the 5-dma ($38.53) or if you're more cautious, as ARBA rallies above the 10-dma ($41.43). You may want to pay attention other computer service stocks like
Exodus (EXDS), WebMethods (WEBM) and Akamai Technologies (AKAM)
to get a feel of how the sector is responding to overall market conditions.
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