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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Rambi who wrote (16624)	4/17/2001 5:04:51 PM
From: Softechie	Read Replies (1) \| Respond to of 37746

Texas Instruments (TXN) 34.00 +0.99: -- Update -- New orders very weak, especially in US. Cut 2001 capex to $1.8 bln from the $2 bln previous guidance and down from 2000 at $2.8 bln. R&D will be $1.6 bln, same as last year, but down from recent forecast. Tax rate will remain at 26%. Days inventory outstanding was up from 69 to 75 days; DSO were also up from 52 to 55 days. ONI Systems (ONIS) 32.32 +1.03: -- Update -- One slight negative: DSOs (days sales outstanding) rose to 94 in Mar qtr, above company's desired range of 70-90 days. But company claims that this was due primarily to timing of sales, and that if you adjust that for $9 mln in payments received since the end of the quarter, DSOs would have been 79 days.

To: Rambi who wrote (16624)	4/17/2001 8:09:02 PM
From: Eurobum1	Read Replies (1) \| Respond to of 37746

Rambi...Market reaction... I copied this from another thread for you : i think the bears got to complacent, just like the bullz did at the top, this is causing a liquidity trap for shorts and why we are rallying now, that will attract buyers that will add to the frey, just like they were selling good news in march and sept 00, they are buying bad news now, the perma-bears don't believe the market can go up on bad news, just like the perma-bullz don't believe the market can go down on good news - same thing.