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

To: CAtechTrader who wrote (36633)	5/4/2001 4:18:13 PM
From: stockman_scott	Respond to of 65232

STOR up over 10% today on VERY high volume...=) The Naz continues to shrug off bad news and seems to be anticipating another big rate cut by the FED. IMO, it makes sense to be quite fully invested right now (as long as you're selective). Best Regards, Scott

To: CAtechTrader who wrote (36633)	5/21/2002 6:23:27 PM
From: r.edwards	Respond to of 65232

dude, what are you buying now ? <g> eom

To: CAtechTrader who wrote (36633)	5/22/2002 2:23:05 PM
From: stockman_scott	Respond to of 65232

Software Stocks Tumble By Siobhan Kennedy Wednesday May 22, 1:56 pm Eastern Time NEW YORK (Reuters) - Software stocks tumbled on Wednesday after Goldman Sachs said it cut its forecast for 26 companies, saying the June quarter would be "very challenging" and spending would not pick up during 2002. Among the companies, Goldman cut its estimates for leading firms such as PeopleSoft Inc.(NasdaqNM:PSFT - News), SAP AG (XETRA:SAPG.DE - News), Seibel Systems Inc.(NasdaqNM:SEBL - News), Check Point Software Technologies Ltd. (NasdaqNM:CHKP - News), webMethods Inc. (NasdaqNM:WEBM - News), and Rational Software Corp. (NasdaqNM:RATL - News). "This confirms what a lot of people have been saying for a while now," said Brendan Barnicle, an analyst with Pacific Crest Securities. "It's one more confirming view that the software industry is in a tough shape right now. Seibel was off more than 6 percent, or $1.34 at $19.62 in afternoon trading on the Nasdaq. Check Point fell more than 7 percent, or $1.36, to $17.35. Rational was off 6 percent at $11.99 and SAP lost $1.17, or about 4 percent, at $26.72. The software index was down more than 3 percent. "I'm surprised that they aren't down more given how much Goldman took some of the numbers down on some of these," Barnicle added, noting that Goldman had reduced its revenue outlook for Siebel for the June quarter by 8 percent, to $440 million from $477 million and cut its earnings per share figure by 25 percent, to 9 cents from 12 cents. Goldman said it expected about a third of the 26 software companies to post declines in software license sales -- a key measure of a software company's core growth -- in both the June and September quarters. The brokerage firm -- citing a technology survey it conducted with industry research firm Gartner Inc. (NYSE:IT - News) -- said that technology budgets for the rest of 2002 were not likely to change much from current levels. Goldman noted it did not reduce estimates on Microsoft Corp. (MSFT.0), BEA Systems Inc. (NasdaqNM:BEAS - News) -- which has only just reported -- or Oracle Corp. (NasdaqNM:ORCL - News), whose fourth quarter ends on May 30.