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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Sharck who wrote (29060)	6/22/2001 8:52:11 AM
From: 2MAR$	Read Replies (1) \| Respond to of 37746

CSCO a gogo to..

To: Sharck who wrote (29060)	6/22/2001 8:56:53 AM
From: Bid Buster	Respond to of 37746

08:51 ET SoundView on Opticals : -- Update -- Hearing from sources at Wit SoundView that the firm did indeed upgrade Nortel (NT 8.45) to BUY from Hold (see 8:10 comment), saying that recent guidance reductions set the stage for gradual improvement. Upgraded JDS Uniphase (JDSU 10.91) to STRONG BUY from Buy, saying customer activity levels are unsustainably low and Sep qtr guidance will prove too low. The firm also upgraded Optical Communications (OCPI 10.56) to STRONG BUY from Buy, saying qtr is in-line....... I guess no one told Sound View that JDSU will take a HUGE write down....stay tuned.