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To: dbmedia who wrote (385)8/22/2001 10:25:15 AM
From: dbmedia  Read Replies (1) | Respond to of 526
 
Some profit taking was
noted shortly after the opening but
market averages maintained their positive
bias. The market has recovered most of
this lost ground but are hesitating near
the early highs. Although the SEMI data
provided the spark for the buying interest
this morning, the mixed reaction from the
Street to this ratio appears to have left
the market a bit more cautious about a
possible bottom/turnaround in this key
sector. GM (+0.77) has edged off the
best level despite reaffirming guidance
and production levels for the year as
Prudential has lowered their estimates