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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (9571)	5/18/2001 4:04:57 PM
From: EaglePutt	Read Replies (2) \| Respond to of 19633

Damn Tom; I was going to post the HYGS dip!! Just kidding. I got some at 6.10 I have had my fill tough. Now onto DD that USU. I hope we see that double digits on HYGS. I am little surprised at Aquila; afterall June futures hitting 30. I just can't help think that the disparity with which ILA trades in comparison to MIR will soon become a think of the past. I am however enjoying my MIR too. I have taken a postion in TK.

To: Tom Hua who wrote (9571)	5/18/2001 4:06:48 PM
From: $Mogul	Respond to of 19633

EMLX- DJ SEC, Nasdaq Inquires About Emulex's 3Q Revenue Warning WASHINGTON (Dow Jones)--Emulex Corp. (EMLX) said it has received inquiries from the Securities and Exchange Commission and the Nasdaq Stock Market about events that led to several shareholder lawsuits alleging securities violations. The company disclosed the inquiries in its quarterly report filed Wednesday with the SEC. No further information about the inquiries was provided and company officials weren't immediately available for comment. The first of several lawsuits, filed on behalf of investors who bought Emulex stock between Jan. 18 and Feb. 9, was filed in April, 11 days after Emulex announced that third-quarter revenue could be flat sequentially because several original-equipment manufacturing customers deferred orders to the fourth quarter. The investors allege that certain Emulex officers and directors made false statements about the company's results while concealing information about the deferred orders. As a result, they allege, Emulex shares traded at artificially inflated levels, permitting the officers and directors to sell $40.4 million worth of their Emulex stock. After the news was released, the company's shares fell 48%. Emulex said in the filing the lawsuits are without merit and it intends to defend itself vigorously. Emulex, Costa Mesa, Calif., makes adapters, hubs and other computer network equipment. Its stock recently traded at $43.39, down 34 cents, or 0.8%. The shares traded as high as $109.75. -By Carrie DeLeon, Dow Jones Newswires; 202-628-7663 (END) DOW JONES NEWS 05-18-01 03:38 PM - - 03 38 PM EDT 05-18-01 --------------------