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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (274)	5/29/2001 9:59:34 AM
From: Jenna	Read Replies (3) \| Respond to of 1227

QLGC reversed quite nicely at the 9:50 reversal period, and CMVT as expected triggered a sort once again right at the open (CMVT looking for downside through the earnings report although not steadily so I'd short this intraday and might take home some puts as well, already sold 2 put positions.

To: Jeff Jordan who wrote (274)	5/29/2001 4:48:18 PM
From: Jeff Jordan	Respond to of 1227

SUNW....hmmm, who says GS doesn't have inside info? Luck??? yeah right!...very interesting....SEC....let's chase the REAL ToykoJoes of the world! PALO ALTO, Calif. (AP) - Sun Microsystems Inc. (NasdaqNM:SUNW - news), a leading maker of computer servers, lowered its revenue and profit forecasts for the current quarter. In a brief statement that did not provide specific reasons for the decreased estimates, Sun said revenue in its fourth quarter, which ends June 30, would be between $3.8 billion and $4 billion. That represents a significant drop from $5 billion in same period last year and $4.1 billion in the third quarter of this year. Sun expects the lowered sales figures to translate into earnings per share of 2 cents to 4 cents, excluding one-time events. Analysts surveyed by Thomson Financial/First Call were expecting earnings of 6 cents per share. Sun shares lost $1.80, nearly 9 percent, trading at $18.67 on the Nasdaq Stock Market before the announcement.