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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (32864)	3/9/2001 9:46:10 AM
From: GrillSgt	Read Replies (1) \| Respond to of 65232

I agree, with expirations next week, lets look at some max pain values: CSCO 25 INTC 32.5 CIEN 75 JDSU 35 JNPR 75 ORCL 22.5 SUNW 20 BRCD 40

To: Voltaire who wrote (32864)	3/9/2001 9:58:00 AM
From: CAtechTrader	Read Replies (2) \| Respond to of 65232

One year ago Dan Niles said INTC would go to 150, today he says it goes below 20. I like that, he has the opportunity now to be wrong on both sides. By the way on his CNBC interview he completely evaded responsibility for a bad call and even said INTC has been a good "defensive" play. I just love these analysts, I went into the wrong side of this biz...I actually have to be right to make $$$$ !

To: Voltaire who wrote (32864)	3/9/2001 10:28:13 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

Bear markets dont have many headfakes they simply rip your head off, then spit down your throat this is the real deal bear read it and weep excessive Fed hikes all last spring postY2K effect dried up budgets now the economy slams to a standstill / jim

To: Voltaire who wrote (32864)	3/9/2001 12:09:25 PM
From: stockman_scott	Read Replies (3) \| Respond to of 65232

Just like Clockwork...More Downgrades... RESEARCH ALERT-Lehman downgrades B2B software makers Friday March 9, 12:02 pm Eastern Time <<NEW YORK, March 9 (Reuters) - Lehman Brothers on Friday cut its ratings on several leaders in the business-to-business software market, citing the weakening U.S. economy and heated competition. Analyst Patrick Walravens downgraded Ariba Inc. (NasdaqNM:ARBA - news) and Commerce One Inc. (NasdaqNM:CMRC - news) to market perform from buy and lowered estimates for the quarter and year. He cut PurchasePro.com Inc. (NasdaqNM:PPRO - news) to buy from strong buy and lowered estimates and target price to $30 a share. Finally, he cut VerticalNet Inc. (NasdaqNM:VERT - news) to market perform from buy. Based on recent talks with heads of companies responsible for buying technology, Walravens said customers are increasingly concerned about the U.S. economy and are delaying expensive purchases. They also are more scrupulously evaluating claims by B2B software makers that the money their products save customers outweighs the cost of the software. Finally, Walravens said that i2 Technologies Inc.'s (NasdaqNM:ITWO - news) recent purchase of Rightworks will take market share away from Commerce One and affect Ariba even more severely. I2 is the No. 1 seller of ``e-procurement'' software that enables companies to manage and automate their purchasing and inventory. The acquisition of Rightworks allows i2 to offer software that to set up B2B online exchanges and buy finished goods and raw materials over the Internet -- Ariba's domain. The downgrades follow earlier earnings reductions by Goldman Sachs and Bank of America analysts, who also cited the slowdown in the U.S. economy. In Friday morning trading, shares of Ariba were down $1-5/8, or 12 percent, at $12, while Commerce One dropped $2, or 14.7 percent, to $11-5/8 and VerticalNet fell 11/32, or 11.5 percent, to $2-21/32. All three stocks hit 52-week lows earlier in the session. PurchasePro was down $1-5/16, or 11 percent, at $10-5/8, near a 52-week low of $9-3/16.>> ***It takes some real talent to downgrade these former high flyers when they are already at 52-week lows (some have lost 90+% of their value). Best Regards, Scott