Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Johnny Canuck who wrote (34276)	9/19/2001 2:02:31 AM
From: Johnny Canuck	Respond to of 68127

Dow 8903.40 -17.30 (-0.19%) Nasdaq 1555.08 -24.47 (-1.55%) S&P 500 1032.74 -6.03 (-0.66%) 10-Yr Bond 4.705% +0.094 NYSE Volume 1,653,081,000 Nasdaq Volume 1,865,962,000 EQUITY OPTION TOTAL EQUITY CALL VOLUME : 723,282 TOTAL EQUITY PUT VOLUME : 744,140 TOTAL VOLUME : 1,467,422 EPC=1/03 Stock close at new 52 week low on COMPX after trading in a narrow range below yesterday's close. Stocks like Storage Sector started the day positive after initial sell off in first hour but could not hold on to gains. Stocks that gained strongly yesterday like BRCD, QLGC gave back most gains. Stock in sector that did not participate like MCDT finished flat. STOR was the exception gaining more thn 25 percent in the last 2 days due to analyst upgrade. Gaming stocks were hammered due to negative article question the strength of demand for new platforms in light of weakening consumer demand. Strangely carrier continue to show strength. It appears that they are seen as a safe haven due to large cash positions as a result of reduced cap ex and strong free cash flow. Strength mostly in established incumbent carriers. *********************** Market Outlook After the Storm By:Adam Martin After some optimism today, stocks finished lower again today as traders sold into this afternoon's brief rally, ending it before it began. Today's action shows the mixed sentiment traders are delaing with in the aftermath of last Tuesday's tragic events. On the one hand, analysts feel strongly that stocks are oversold. On the other hand, the aftermath of last weeks tragedy and its lasting impact are just beginning to be understood. Still, there were some spots green in certain sectors, and analysts remain hopeful that a comeback from Monday's falloff is in the wings. Yesterday made the largest single day point decline for the DJIA, and although the selloff didn't have a chaotic tone, the implications of a 685 point drop are hard to ignore. Analysts feel trader sentiment is leaning more heavily towards recession as fears of continued fallout from last Tuesday's tragedy have traders continuing to pull back. Some sectors, particularly those involved in insurance and travel, were expected to suffer, but almost all sectors have shown substantial losses. A half point rate cut by the FOMC yesterday, while showing the government as willing to do its part to aid recovery, seemed to have little effect on yesterday's trading. Optimistic analysts still see a recovery in the near term, but now even more then before the terrorist attacks, traders remain hungry for good news. RETAIL 11 -1.0% Edit Delete Compare DSL 6 -0.3% Edit Delete Compare DWDM 20 -7.3% Edit Delete Compare Low pSR Energy Stocks 12 -4.5% Edit Delete Compare Carriers1 7 +4.1% Edit Delete Compare Telecom Construction1 5 -6.3% Edit Delete Compare networkers1 6 -2.1% Edit Delete Compare Contract Manufacturers 5 -1.4% Edit Delete Compare Telecom Equipment 18 -1.4% Edit Delete Compare Tier 2, D-WDM 16 -1.4% Edit Delete Compare Broadband Cable 1 8 -1.4% Edit Delete Compare DOW 10 -1.1% Edit Delete Compare Internet Security 20 -3.5% Edit Delete Compare Biotechs 9 -7.3% Edit Delete Compare CHIP EQUIPMENT 13 -5.5% Edit Delete Compare CHIPS1 22 -4.2% Edit Delete Compare Clint's Financials 40 -0.8% Edit Delete Compare Genomics 9 -5.1% Edit Delete Compare Incubators 8 -1.8% Edit Delete Compare Internet Sector 14 -1.2% Edit Delete Compare Flat Panel Displays 7 -9.6% Edit Delete Compare E-Gaming stocks 7 -7.2% Edit Delete Compare Drug Stocks 15 -0.7% Edit Delete Compare RTS Biotechs 13 -4.0% Edit Delete Compare Gigabit 23 -4.2% Edit Delete Compare Oil Drilers - Deep Water 13 -5.5% Edit Delete Compare Storage 7 -8.0% Edit Delete Compare M.L. Picks 23 -6.0% Edit Delete Compare HOLDERS 12 -1.7% Edit Delete Compare 4 Q's of cash 20 -5.0% Edit Delete Compare Carriers 10 +2.5% Edit Delete Compare Wireless 6 -0.6% Edit Delete Compare Real Estate Related 7 +1.1% Edit Delete Compare Symbol Price Change Volume Bid/Ask Day Range ADCT 3.07 0.06 (+1.99%) 7,457,800 3.07 - 3.19 3.04 - 3.38 ADTN 19.05 -0.40 (-2.06%) 478,200 18.60 - 20.75 19.00 - 19.40 AFCI 18.00 -0.33 (-1.80%) 2,308,000 17.75 - 18.20 17.75 - 18.85 ALA 12.07 -0.16 (-1.31%) 935,500 11.82 - 12.57 AMAT 33.12 -3.53 (-9.63%) 24,450,600 33.15 - 33.38 33.11 - 37.08 AMCC 9.58 -0.74 (-7.17%) 10,570,200 9.60 - 9.68 9.50 - 10.85 ANAD 14.14 -0.79 (-5.29%) 461,600 14.18 - 15.00 14.12 - 15.76 ANDW 15.94 -0.58 (-3.51%) 598,600 11.51 - 17.31 15.75 - 16.84 ANN 25.50 -0.14 (-0.55%) 1,284,500 25.50 - 27.10 AOL 30.45 0.45 (+1.50%) 27,101,600 30.00 - 31.95 APAT 3.11 -0.14 (-4.31%) 20,000 3.10 - 3.26 3.06 - 3.60 ASYS 5.76 -0.34 (-5.66%) 56,200 5.75 - 5.83 5.75 - 6.40 AVCI 1.89 -0.14 (-6.90%) 859,500 1.80 - 1.95 1.75 - 2.11 AVNX 3.50 -0.20 (-5.41%) 683,400 3.25 - 3.60 3.38 - 3.95 AXP 27.38 -2.87 (-9.49%) 21,142,000 27.00 - 29.65 BKB 43.38 0.00 (+0.00%) 100 41.44 - 44.12 BKHM 1.38 -0.19 (-12.10%) 129,900 0.92 - 2.54 1.38 - 1.55 BRCD 17.78 -2.45 (-12.11%) 14,945,600 17.89 - 17.90 17.41 - 21.49 BRCM 24.35 -1.92 (-7.31%) 9,310,800 24.50 - 24.65 23.65 - 27.00 CIEN 11.49 -1.49 (-11.48%) 18,852,900 11.55 - 11.65 10.99 - 13.23 CMGI 1.21 0.08 (+7.08%) 2,637,300 1.25 - 1.28 1.12 - 1.40 CMTN 1.05 0.07 (+7.14%) 287,300 1.00 - 1.18 0.91 - 1.09 CNXT 8.91 -0.54 (-5.71%) 3,520,000 8.96 - 9.10 8.79 - 10.06 COVD 0.49 0.00 (+0.00%) 426,700 0.48 - 0.49 0.46 - 0.50 CPWR 9.50 0.06 (+0.64%) 2,867,700 9.00 - 11.89 9.38 - 9.80 CS 20.75 -0.05 (-0.24%) 20,150,100 20.22 - 21.10 CSCO 13.57 -0.43 (-3.07%) 81,092,800 13.66 - 13.68 13.50 - 14.59 CYMI 20.03 -1.00 (-4.76%) 328,300 19.10 - 20.05 19.70 - 21.33 DIS 18.40 -0.85 (-4.42%) 23,138,800 17.75 - 20.00 DITC 4.80 -0.15 (-3.03%) 238,400 1.00 - 4.85 4.73 - 4.98 EMKR L 11.50 -0.89 (-7.18%) 297,500 10.60 - 12.00 11.00 - 12.65 EXDS 0.58 0.03 (+5.45%) 53,767,200 0.57 - 0.59 0.48 - 0.76 EXTR L 11.33 -1.17 (-9.36%) 5,012,300 11.23 - 11.30 10.84 - 12.84 FDRY 7.05 -1.27 (-15.26%) 3,592,000 7.05 - 7.20 6.97 - 8.75 FDX L 35.90 -2.40 (-6.27%) 3,167,100 34.60 - 38.00 FFIV 12.90 -0.60 (-4.44%) 303,800 12.60 - 12.95 12.55 - 14.15 GE L 33.85 -1.30 (-3.70%) 46,110,800 33.56 - 36.20 GLM 14.33 -1.02 (-6.64%) 1,487,400 14.27 - 15.25 GLW L 10.00 -0.20 (-1.96%) 7,247,700 9.89 - 10.50 GPS L 12.25 -0.26 (-2.08%) 9,507,100 12.11 - 12.70 HEII 7.95 0.05 (+0.63%) 22,900 7.60 - 7.95 7.50 - 8.00 HIFN L 8.26 -0.74 (-8.22%) 40,000 8.50 - 8.85 8.25 - 9.26 IBI L 9.92 -0.09 (-0.90%) 1,671,900 9.90 - 10.44 INKT 2.80 -0.06 (-2.10%) 1,908,800 2.77 - 2.94 2.77 - 3.05 INTC 23.47 -0.12 (-0.51%) 56,158,800 23.50 - 23.54 23.20 - 24.48 IOM L 1.23 0.08 (+6.96%) 665,800 1.15 - 1.24 ITWO L 4.03 -0.33 (-7.57%) 11,909,700 4.05 - 4.13 3.99 - 4.70 JBL L 14.96 -1.55 (-9.39%) 1,978,000 14.96 - 16.80 JDSU L 5.35 -0.50 (-8.55%) 21,359,600 5.37 - 5.38 5.24 - 6.05 JNJ 54.50 -1.32 (-2.36%) 13,398,000 53.37 - 55.00 JNPR L 9.95 -1.57 (-13.63%) 17,536,500 10.06 - 10.10 9.93 - 11.85 KOPN 8.67 -0.72 (-7.67%) 410,800 8.95 - 9.35 8.51 - 9.57 LU L 5.74 0.19 (+3.42%) 24,215,500 5.00 - 5.85 MCDT 11.20 -0.09 (-0.80%) 1,777,000 10.85 - 12.50 10.81 - 12.20 MER L 39.81 -1.67 (-4.03%) 11,046,100 39.10 - 41.81 MERQ L 20.65 -0.18 (-0.86%) 3,291,000 20.45 - 20.70 20.26 - 22.89 MONI L 0.82 -0.13 (-13.68%) 2,500,800 0.80 - 0.85 0.80 - 0.93 MOT 15.45 0.67 (+4.53%) 12,907,900 14.49 - 15.56 MRVC L 2.48 0.05 (+2.06%) 1,115,800 2.30 - 2.60 2.47 - 2.66 MRVL 17.26 -3.19 (-15.60%) 1,094,700 17.10 - 20.12 17.25 - 21.25 MSFT 54.32 1.41 (+2.66%) 41,624,900 54.41 - 54.55 53.17 - 55.00 MTZ L 6.75 -0.58 (-7.91%) 321,000 6.60 - 7.48 MWD L 42.20 -0.30 (-0.71%) 6,171,000 41.60 - 43.34 NE L 25.50 -1.70 (-6.25%) 1,696,200 25.25 - 27.30 NEWP L 13.16 -0.14 (-1.05%) 1,477,100 12.51 - 13.10 12.85 - 14.00 NT L 5.06 0.06 (+1.20%) 9,873,300 5.01 - 5.20 NUFO L 2.43 -0.10 (-3.95%) 564,800 2.27 - 2.99 2.40 - 2.70 NVLS 31.21 -2.52 (-7.47%) 8,654,600 31.01 - 31.46 30.93 - 34.38 ONIS L 8.44 -1.64 (-16.27%) 11,424,700 8.01 - 8.55 7.61 - 10.15 OPWV L 13.18 -0.80 (-5.72%) 5,163,800 13.03 - 13.18 12.85 - 14.45 PHTN 25.70 -1.26 (-4.67%) 214,700 26.20 - 29.49 25.70 - 28.92 PMCS 19.98 -0.94 (-4.49%) 8,330,900 20.00 - 20.04 19.54 - 22.21 PSFT 20.46 -4.49 (-18.00%) 14,709,500 20.52 - 20.59 20.30 - 24.74 Q 19.65 1.08 (+5.82%) 9,273,000 18.78 - 20.09 QCOM 46.37 0.58 (+1.27%) 16,041,100 46.40 - 46.81 45.31 - 48.38 RFMD 22.84 -0.25 (-1.08%) 10,639,300 23.00 - 23.29 22.44 - 24.19 RIG L 26.15 -1.74 (-6.24%) 4,041,700 25.98 - 27.90 RMBS 7.76 1.11 (+16.69%) 9,224,500 7.81 - 7.84 7.52 - 8.30 RNWK L 4.58 -0.22 (-4.58%) 1,105,200 4.55 - 4.75 4.57 - 5.10 SCH L 10.01 -0.06 (-0.60%) 6,242,100 10.00 - 10.41 SCMR L 4.53 -0.16 (-3.41%) 2,166,500 4.40 - 4.60 4.40 - 5.00 SDC L 21.67 -1.34 (-5.82%) 782,700 21.62 - 23.00 SEBL L 14.77 -1.94 (-11.61%) 17,002,500 14.78 - 14.89 14.75 - 17.16 SHOO 12.05 -2.20 (-15.44%) 129,500 11.52 - 13.95 11.56 - 13.86 SONS L 7.88 -2.33 (-22.82%) 12,762,000 7.85 - 7.94 6.90 - 10.69 SUNW L 9.18 -0.67 (-6.80%) 45,904,800 9.21 - 9.28 9.09 - 10.38 SVGI 34.76 0.00 (+0.00%) 100 34.51 - 34.85 33.30 - 35.64 TDW L 26.85 -2.26 (-7.76%) 1,078,000 26.50 - 29.00 TER 24.26 -1.66 (-6.40%) 1,573,000 24.25 - 26.49 TLAB 10.65 0.47 (+4.62%) 8,970,400 10.66 - 10.75 10.10 - 10.89** TQNT 18.56 -0.01 (-0.05%) 4,766,500 19.04 - 19.24 17.57 - 19.86 TXCC L 4.46 -0.04 (-0.89%) 1,953,100 4.47 - 4.65 4.43 - 4.88 UTEK L 14.10 -0.40 (-2.76%) 282,700 12.99 - 26.00 14.00 - 15.05 VERT 0.52 -0.01 (-1.89%) 299,800 0.52 - 0.56 0.52 - 0.58 VTSS L 9.38 -0.99 (-9.55%) 4,424,000 9.41 - 9.58 9.37 - 10.85 WIND L 12.16 -0.35 (-2.80%) 392,300 12.08 - 12.45 12.06 - 12.87 YHOO L 10.10 -0.78 (-7.17%) 10,457,600 10.15 - 10.20 10.03 - 11.13

To: Johnny Canuck who wrote (34276)	9/19/2001 2:43:09 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68127

To re-cap key points in TLAB Presentation on the general market environment: It was a Q&A session as opposed to a presentation. -View down turn is half over. Expect at least one more year. Expect traction in Q4 of next year. -Analyst view it as only 6 more months, so TLAB is more conservative -View down turn as worst than the 80's (1.5 years) and early 90's (slightly shorter) due to difficult comparsions to amount of money spend during de-regulation, expect hang over to be longer while excesses get worked out -See too many carrier and equipment companies. Expect consolidation. -TLAB is seeing carriers spending on legacy equipment not next generation due to need to leverage existing equipment and fact carrier have inventory of legacy equipment -See SONET being around for a while since it is needed for inter-operatbility between new and old equipment. It is well understood and therefore will still be supported -See hub architecture pre-dominating over mesh (negative for SCMR) since the cost of ownership of having central hubs is cheaper. -Seeing selected spend in some carriers, in general agree with comment that carrier do not have to spend at dime and client can still make a call, higher margins are in DS3 line to client site though -Grooming of optical signal not as much of an issue from their perspective, it was never an issue with client before in older architecture and they down expect it now TLAB specific stuff -Starting new product cycle (Titan 6100, 6500 and 6700) -Still expect good sales on Titan 5500 once market turns as it is constantly being upgraded. -6500 and 6700 competes against ALA, LU and somewhat against CIEN and TELM -Product advantages are higher port densities, better service and provisioning capability -Work a long time with ILEC's -ILEC's have money right now so concentrating on them -1 billion in cash, almost no debt Harry's stuff: -Cash of $2.51 per share -Burn rate based on last Q's numbers $218 million, they have 4.7 Q's of cash.