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To: oldirtybastard who wrote (59877)1/19/2001 3:51:15 PM
From: KeepItSimple  Respond to of 436258
 
>sure, I believe it

you dont have to believe it, but you're going to have to LIVE IT!

it's reality, baby!



To: oldirtybastard who wrote (59877)1/19/2001 4:28:36 PM
From: Lucretius  Respond to of 436258
 
that had me rolling on the floor... yea, those hedge funds were shorting those downticks.. LOL



To: oldirtybastard who wrote (59877)1/19/2001 4:58:40 PM
From: jj_  Respond to of 436258
 
Market Wrap-up for Friday, January 19, 2001 Posted Friday, January 19, 2001
INDICES:

[DJIA] Closed down 90.69 to 10587.59, for a 0.84% loss
[Nasdaq] Closed up 1.93 to 2770.42, for a 0.06% gain
[S&P] Closed down 5.42 to 1342.55, a loss of 0.40%
[30-Year Bond] Closed up 1.51% to 5.55%

MOVERS:

Largest Point Gainers: (NNDS)+12 5/8, (CHKP)+11 5/8, (NEWP)+9 9/16, (PLXS)+9 5/16, (WEBM)+8, (MUSE)+7 27/32, (DIGL)+7 27/32

Largest % Gainers: (APRN)+66.1%, (HIRE)+50.0%, (ASIA)+48.3%, (SMNS)+41.7%, (ZOOX)+41.3%, (ISSL)+38.8%

SHAKERS:

Largest Point Losers: (VRSN)-12 ½, (CPTH)-11, (CCMP)-9 ½, (NVR)-9.25, (BARZ)-9 ¼, (PLCM)-8 3/4

Largest % Losers: (CPTH)-55.0%, (SAGI)-37.0%, (NETZ)-35.7%, (LENS)-31.5%, (ADCT)-27.0%, (NTKK)-25.7%

IPO’s: none

SPLITS:

-Companies trading on a split adjusted basis today-
(AJG) Arthur J. Gallagher & Co, 2 to 1

-Companies trading on a split adjusted basis tomorrow-
(SWWC) Southwest Water Co., 5 to 4
(TALX) TALX Corp, 3 to 2

UPGRADES:
[ALE] ALLETE UPPED TO 'STRONG BUY' FROM 'MARKET OUTPERFORM' AT ROBERT W. BAIRD
[BMCS] BMC SOFTWARE UPPED TO 'BUY' FROM 'NEUTRAL' AT DAIN RAUSCHER WESSELS
[BMET] BIOMET UPPED TO 'BUY' FROM 'LONG-TERM ATTRACTIVE' AT ROBERTSON STEPHENS
[CAL] CONTINENTAL AIRLINES UPPED TO 'TRADING BUY' FROM 'MARKET OUTPERFORMER' AT GOLDMAN
[DELL] DELL UPPED TO 'BUY' FROM 'HOLD' AT CS FIRST BOSTON
[EBAY] EBAY UPPED TO 'STRONG BUY' FROM 'BUY' AT WR HAMBRECHT
[EC] ENGELHARD UPPED TO 'BUY' FROM 'OUTPERFORM' AT SALOMON SMITH BARNEY
[EMLX] EMULEX UPPED TO BUY FROM ACCUMULATE AT AG EDWARDS
[KNGT] KNIGHT TRANSPORTATION UPPED TO 'STRONG BUY' FROM 'LONG-TERM BUY' AT BB&T CAPITAL MKTS.
[MU] MICRON TECHNOLOGY UPPED TO 'STRONG BUY' FROM 'ACCUMULATE' AT PRUDENTIAL
[SLB] SCHLUMBERGER UPPED TO 'STRONG B UY' FROM 'ACCUMULATE' AT PRUDENTIAL
[SLM] USA ED UPPED TO 'MARKET OUTPERFORMER' FROM 'MARKET PERFORMER' AT GOLDMAN SACHS
[SLM] USA EDUCATION UPPED TO 'BUY' FROM 'OUTPERFORM' AT SALOMON SMITH BARNEY
[SONS] SONUS NETWORKS UPPED TO 'STRONG BUY' FROM 'ACCUMULATE' AT PRUDENTIAL
[SONS] SONUS NETWORKS UPPED TO 'STRONG BUY' FROM 'BUY' AT DAIN RAUSCHER WESSELS

DOWNGRADES:
[ADCT] ADC TELECOMMUNICATIONS CUT TO 'HOLD' FROM 'STRONG BUY' AT CIBC WORLD MARKETS
[ADCT] ADC TELECOMMUNICATIONS CUT TO NEAR-TERM 'NEUTRAL' FROM 'ACCUMULATE' AT MERRILL LYNCH
[ADCT] ADC TELECOMMUNICATIONS CUT TO 'NEUTRAL' FROM 'BUY' AT SG COWEN
[ALA] ALCATEL DROPPED TO 'OUTPERFORM' FROM 'STRONG BUY' AT MORGAN STANLEY DEAN WITTER
[ALTR] ALTERA DROPPED TO 'BUY' FROM 'STRONG BUY' AT NEEDHAM & CO.
[ANDW] ANDREW CORP. CUT TO NEAR-TERM 'NEUTRAL' FROM 'ACCUMULATE' AT MERRILL LYNCH
[APA] APACHE PETROLEUM CUT TO 'HOLD' FROM 'BUY' AT CIBC WORLD MARKETS
[APC] ANADARKO PETROLEUM CUT TO 'HOLD' FROM' STRONG BUY' AT CIBC WORLD MARKETS
[ARBA] ARIBA DROPPED TO 'BUY' FROM 'STRONG BUY' AT CIBC WORLD MARKETS
[BBSW] BROADBASE SOFTWARE DROPPED TO 'L-TERM ATTRACTIVE' FROM 'BUY' AT ROBERTSON STEPHENS
[BLUE] BLUE MARTINI SOFTWARE DROPPED TO 'BUY' FROM 'STRONG BUY' AT THOMAS WEISEL PARTNERS
[BR] BURLINGTON RESOURCES CUT TO 'HOLD' FROM 'STRONG BUY' AT CIBC WORLD MARKETS
[CAT] CATERPILLAR DROPPED TO 'ADD' FROM' BUY' AT ABN AMRO
[CBSS] COMPASS BANCSHARES CUT TO 'HOLD' FROM 'BUY' AT UBS WARBURG
[CMRC] COMMERCE ONE DROPPED TO 'BUY' FROM 'STRONG BUY' AT CIBC WORLD MARKETS
[CNXT] CONEXANT CUT TO 'NEUTRAL' FROM 'BUY' AT SG COWEN
[CNXT] CONEXANT SYSTEMS DROPPED TO 'LONG-TERM ATTRACTIVE' FROM 'BUY' AT ROBERTSON STEPHENS
[CPTH] CRITICAL PATH CUT TO NEAR-TERM 'NEUTRAL' FROM 'BUY' AT MERRILL LYNCH
[CPTH] CRITICAL PATH CUT TO 'NEUTRAL' FROM 'BUY' AT DAIN RAUSCHER WESSELS
[CPTH] CRITICAL PATH DROPPED TO 'BUY' FROM' STRONG BUY' AT CIBC WORLD MARKETS
[CPTH] CRITICAL PATH DROPPED TO 'BUY' FROM 'STRONG BUY' AT ROBBERTSON STEPHENS
[CPTH] CRITICAL PATH DROPPED TO 'LONG-TERM BUY' FROM 'BUY' AT J.P. MORGAN H&Q
[CPTH] CRITICAL PATH DROPPED TO 'MARKET OUTPERFORMER' FROM GOLDMAN 'RECOMMENDED LIST'
[DAL] DELTA AIRLINES CUT TO 'HOLD' FROM 'BUY' AT CS FIRST BOSTON
[DMRC] DIGIMARC CUT TO 'HOLD' FROM 'ACCUMULATE' AT SUTRO & CO.
[DNA] GENENTECH DROPPED TO 'BUY' FROM 'STRONG BUY' AT CS FIRST BOSTON
[DVN] DEVON ENERGY CUT TO 'HOLD' FROM 'STRONG BUY' AT CIBC WORLD MARKETS
[ERICY] ERICSSON CUT TO 'NEUTRAL' FROM 'OUTPERFORM' AT MORGAN STANLEY DEAN WITTER
[FCOM] FOCAL COMM. DROPPED TO 'MARKET OUTPERFORMER' FROM GOLDMAN 'RECOMMENDED LIST'
[GRA] WR GRACE CUT TO 'HOLD' FROM 'BUY' AT UBS WARBURG
[GSK] GLAXOSMITHKLINE CUT TO NEAR-TERM, LONG-TERM 'ACCUMULATE 'FROM' BUY' AT MERRILL LYNCH
[INKT] INKTOMI DROPPED TO 'ACCUMULATE' FROM 'BUY' AT FRIEDMAN BILLINGS RAMSEY
[MIL] MILLIPORE CUT TO 'MARKET PERFORM' FROM 'MARKET OUTPERFORM' AT ROBERT W. BAIRD
[MOLX] MOLEX DROPPED TO 'ATTRACTIVE' FROM 'BUY' AT BEAR STEARNS
[MOND] ROBERT MONDAVI DROPPED TO 'MARKET OUTPERFORMER' FROM GOLDMAN 'RECOMMENDED LIST'
[NBCI] NBC INTERNET CUT TO 'NEUTRAL' FROM' BUY' AT USB PIPER JAFFRAY
[NOK] NOKIA CUT TO 'NEUTRAL' FROM 'OUTPERFORM' AT MORGAN STANLEY DEAN WITTER
[NTCT] NETSCOUT SYSTEMS DROPPED TO 'BUY' FROM' STRONG BUY' AT DAIN RAUSCHER WESSELS
[NTKK] NET2000 COMMUN. CUT TO 'MARKET OUTPERFORMER' FROM GOLDMAN 'RECOMMENDED LIST'
[NWAC] NORTHWEST AIRLINES DROPPED TO 'MARKET OUTPERFORMER' FROM 'TRADING BUY' AT GOLDMAN
[PGO] PETROLEUM GEO-SERVICES ASA CUT TO 'MARKET PERFORMER' FROM 'BUY' AT BANC OF AMERICA
[PLCM] POLYCOM DROPPED TO 'BUY' FROM 'STRONG BUY' AT THOMAS WEISEL PARTNERS
[PRDS] PREDICTIVE SYSTEMS CUT TO 'HOLD' FROM 'STRONG BUY' AT CIBC WORLD MARKETS
[PVN] PROVIDIAN FINANCIAL CUT TO 'HOLD' AT PRUDENTIAL
[SAGI] SAGE INC. CUT TO 'HOLD' FROM 'BUY' AT NEEDHAM & CO.
[SAGI] SAGE INC. DROPPED TO 'LONG-TERM ATTRACTIVE' FROM 'BUY' AT ROBERTSON STEPHENS
[SCH] CHARLES SCHWAB CUT TO 'HOLD' FROM 'BUY' AT PUTNAM LOVELL
[SIVB] SILICON VALLEY BANCSHARES CUT TO 'MARKET PERFORM' AT FRIEDMAN BILLINGS RAMSEY
[SUNW] SUN MICROSYSTEMS CUT TO 'MARKET PERFORM' FROM 'OUTPERFORM' AT SANFORD BERNSTEIN
[TTEC] TELETECH HOLDINGS CUT TO 'MARKET PERFORM' FROM 'BUY' AT AYMOND JAMES
[VIGN] VIGNETTE CUT TO 'NEUTRAL' FROM 'STRONG BUY' AT USB PIPER JAFFRAY
[WWW] WOLVERINE WORLD WIDE DROPPED TO 'ACCUMULATE' FROM' BUY' AT WELLS FARGO VAN KASPER
[ZRAN] ZORAN CUT TO 'NEUTRAL' FROM 'OUTPERFORM' AT SALOMON SMITH BARNEY
TWP] BROADBASE SOFTWARE DROPPED TO 'BUY' FROM 'STRONG BUY' AT THOMAS WEISEL PARTNERS

COVERAGE INITIATED:
[AES] AES CORP. INITIATED WITH 'STRONG BUY' RECOMMENDATION AT BANC OF AMERICA
[AKOA] EMBOTELLADORA ANDIA INITIATED WITH 'LONG-TERM BUY' AT J.P. MORGAN H&Q
[BCON] BEACON POWER INITIATED WITH 'BUY' RECOMMENDATION AT BANC OF AMERICA
[BLDP] BALLARD POWER INITIATED WITH 'MARKET PERFORMER' AT BANC OF AMERICA
[BSX] AG EDWARDS STARTS BOSTON SCIENTIFIC AT MAINTAIN
[CKFR] CHECKFREE INITIATED WITH NEAR-TERM 'ACCUMULATE,' LONG-TERM 'BUY' AT MERRILL LYNCH
[CPN] CALPINE CORP. INITIATED WITH 'BUY' RECOMMENDATION AT BANC OF AMERICA
[CPST] CAPSTONE TURBINE INITIATED WITH 'BUY' RECOMMENDATION AT BANC OF AMERICA
[CRIS] CURIS INC. INITIATED WITH 'STRONG BUY' RECOMMENDATION AT PRUDENTIAL SECURITIES
[DYN] AG EDWARDS STARTS DYNEGY INC. AT ACCUMULATE
[FCEL] FUEL CELL ENERGY INITIATIED WITH 'BUY' RECOMMENDATION AT BANC OF AMERICA
[GENU] GENUITY INITIATED WITH 'NEUTRAL' AT GERARD KLAUER MATTISON
[GIS] GENERAL MILLS INITIATED WITH 'NEUTRAL' AT BEAR STEARNS
[ITG] INTL. GAME TECHNOLOGY INITIATED WITH 'BUY' RECOMMENDATION AT CIBC WORLD MARKETS
[K] KELLOGG INITIATED WITH 'NEUTRAL' AT BEAR STEARNS
[LCRY] LECROY INITIATED WITH 'BUY' RECOMMENDATION AT NEEDHAM & CO.
[LQU] QUINSA INITIATED WITH 'MARKET PERFORMER' AT J.P. MORGAN
[PLUG] PLUG POWER INITIATED WITH 'MARKET PERFORMER' AT BANC OF AMERICA
[REY] AG EDWARDS STARTS REYNOLDS & REYNOLDS AT ACCUMULATE
[SJNB] SJNB FINANCIAL INITIATED WITH 'BUY' RECOMMENDATION AT DAIN RAUSCHER WESSELS
[WMS] WMS INDUSTRIES INITIATED WITH 'HOLD' AT CIBC WORLD MARKETS

ECONOMIC DATA:

-Today-

8:30AM: Trade Balance for November, consensus is -$34.0B
Results:
Trade Balance came in at -$33.0B

10:00 Consumer Sentiment feel to 93.6 in January vs 98.4 in December.

Fibercore Inc (FBCE) Posted Friday, January 19, 2001, Fibercore announced orders from N. American customers valued at approx. $67 mln.

Thomas Weisel downgraded Blue Martini to Buy from Strong Buy.

Sonus (SONS) Posted Friday, January 19, 2001,
SONS got another upgrade from Dain Rauscher who changed his rating to Strong Buy from Buy.

B2B Posted Friday, January 19, 2001,
CIBC downgraded both ARBA and CMRC to Buy from Strong Buy. The said their market is waning, because these software firms have focused on online procurement as the core of B2B. However supply chain collaboration is the direction for the B2B and these companies have limited capabilities there. There is "substantial risk" if they are unable to adapt to these industry changes.