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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (16957)8/28/2001 1:23:19 PM
From: stockman_scott  Read Replies (1) | Respond to of 52237
 
MARKET TALK: PLD Chip Market Stabilizing, Hambrecht Says

Edited by George Stahl of DOW JONES NEWSWIRES

(Call Us: 201 938-5299; All Times Eastern)

MARKET TALK can be found using code N/DJMT

12:59 (Dow Jones) The North American market for programmable logic device
chips is stabilizing for Altera (ALTR) and Xilinx (XLNX), W.R. Hambrecht
says. Because of that, "the North American market will lead the
international markets to a recovery, starting in the December quarter and
continuing into 2002." The firm expects Xilinx and Altera to reaffirm their
quarterly revenue guidance in their respective mid-quarter updates. (GS)

12:45 (Dow Jones) Treasury will auction $14 bln in 4-week bills at 1:00 p.m.
EDT, $1 bln more than last week's sale, in order to raise $4 bln in new cash
and redeem $10 bln in maturing 4-weeks. (JEN)

12:33 (Dow Jones) Merrill Lynch is reducing its recommended allocation on
corporate bonds from overweight to neutral as part of defensive posture
towards spread products, says Merrill chief US fixed income strategist Ken
Hackel. Corporate bonds have performed strongly so far this year and 3Q
earnings announcements are likely to be disappointing. (JNP)

(END) DOW JONES NEWS 08-28-01