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

To: Johnny Canuck who wrote (32753)	6/12/2001 1:12:45 PM
From: Johnny Canuck	Respond to of 68639

12:41 ET Foundry Networks (FDRY) 18.90 +1.07: Hearing from trading floor sources at CIBC that FDRY presentation at the CIBC conference was positive, with the company noting that it's a lot further along this quarter than last; hearing that CIBC now sees potential for 10% upside surprise vs its flat revenue forecast for the June qtr. ************** Seeing some strength in IT spending if true. New products are still the key. Lack of new products may have been some of JNPR's problems this Q.