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To: Johnny Canuck who wrote (32582)6/1/2001 12:39:13 PM
From: Johnny Canuck  Respond to of 70550
 
12:14 ET Palm Inc (PALM) 5.91 +0.28: Company says that since the m500 became widely available at retail stores, market surveys show that Palm has gained share to 67% from 60%; also says that it will announce additional layoffs when it reports earnings on June 25.




12:11 ET Harmonic (HLIT) 9.25 +0.70: Sources at UBS Warburg telling Briefing.com that the firm just made positive comments on HLIT and raised their price target to $15 from $8.




12:04 ET Intel (INTC) 28.28 +1.27: -- Update -- Hearing from sources at Lehman that Dan Niles is responding to Robertson Stephens' positive comments this morning that June motherboard shipments will be flat with May; Niles says that June shipments should be up 5-10% due to seasonal factors and if they are only flat, then demand is even lower than he expected.



To: Johnny Canuck who wrote (32582)6/1/2001 12:39:59 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 70550
 
11:41 ET CIO Survey : The San Jose Mercury News reported this morning that a new May survey of 260 CIOs by CIO magazine reveals that tech spending over the next 12 months is expected to increase just 3.8%, down from 7.2% in the April survey and indicative of continued deterioration in spending plans.