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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (32376)	5/21/2001 12:41:44 PM
From: Suresh	Read Replies (3) \| Respond to of 70225

Hi Harry, I am taking a very small (5%) short position in the following stocks; AMAT, KKD, JNPR, MERQ, CCMP, FCEL and PLUG .. either my head will be handed to me on a silver platter or I will make some money... This market is insane! People are not afraid of froth any more. Ofcourse if they don't move as planned I will be taking some losses to close it out. Later, Suresh

To: Johnny Canuck who wrote (32376)	5/21/2001 1:51:52 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70225

08:09 ET Intel (INTC) 28.76: Merrill Lynch analyst Joe Osha cuts FY01 view to $0.53 from $0.67 (mean $0.56) and FY02 est. to $0.79 from $0.83 (mean $0.81); cites continued weakness in the PC market; has doubts about the company's ability to realize a significant margin recovery in 2002. 08:07 ET Advanced Micro (AMD) 32.49: Merrill Lynch analyst Joe Osha trims FY01 est. to $1.37 from $1.52 and FY02 to $1.81 from $2.09; doesn't see why investors need to own the stock as numbers continue to come down; investment rating remains Neutral. [Harry's comment: 50 percent of all semiconductors in dollar terms still go into computers, till that changes the technology segment need the PC segment to firm before any sustained rally can occur.]