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

To: Clint E. who wrote (34516)9/28/2001 2:38:04 PM
From: j g cordes  Respond to of 68614
 
Well, the markets responded agressively to the upside the minute the Gulf war began.. would assume a similar response. As this is not a battlefield war one must assume sporatic attempts to continue even after an intially agressive phase is over. FWIW

Today's action is end of quarter rearranging of assets, Monday will be more telling of trend, earnings next week and Fed.



To: Clint E. who wrote (34516)9/29/2001 1:25:59 AM
From: Johnny Canuck  Respond to of 68614
 
Hi Clint,

I am seeing that kind of talk on some of the threads. Unfortunately, this is not the same situation as the Gulf War. We might get an initial rally after the initial US response, but this war is more like the war on drugs and we know that it does not have a definitive end. The US will win some battles, but the ware will be ongoing for many years if not decades.



To: Clint E. who wrote (34516)10/1/2001 5:27:18 AM
From: Clint E.  Respond to of 68614
 
Fri 9/28/01 1498.80 +38.09 (+2.61%) @ 2.1 B -- End of Q3
Message 16436421

Symbol      Last Trade              Change             Volume    Avg Vol       Open      Day's Range          52-week Range            P/E
^DJI     Sep 28      8847.56 0.00      0.00%        N/A        N/A       0.00       0.00       0.00    8062.34   11350.05        N/A
^IXIC    Sep 28      1498.80 +38.09     +2.61%        N/A        N/A    1472.56    1466.78    1499.58    1387.06    3714.48        N/A
QQQ      Sep 28        28.98 +0.50     +1.76% 84,810,800        N/A      28.84      28.31      29.92    27.2000    90.2500        N/A
^NDX     Sep 28      1168.37 +24.10     +2.11%        N/A        N/A    1158.07    1145.76    1255.94    1088.96    3613.86        N/A
^SPX     Sep 28      1040.94 +22.33     +2.19%        N/A        N/A    1018.61    1018.61    1040.94     944.75    1454.82        N/A
^SOXX    Sep 28       373.70 +11.70     +3.23%        N/A        N/A     362.00     362.00     379.91     343.93     873.56        N/A
^VIX     Sep 28        35.19 -2.22     -5.93%        N/A        N/A      37.40      35.03      37.47      13.38      57.31        N/A
*DOW*  No such ticker symbol. Try Symbol Lookup (Look up: *DOW*)
UTX      Sep 28        46.50 +1.25     +2.76%  4,068,800  2,523,090      45.50      44.70      47.15    40.1000    87.5000      12.14
IBM      Sep 28        91.72 +1.72     +1.91% 11,077,200  6,858,272      90.20      89.90      92.71    80.0625   119.9000      19.59
HWP      Sep 28        16.05 -0.15     -0.93%  8,798,000  6,638,818      16.20      15.76      16.26    12.5000    49.9063      23.26
MRK      Sep 28        66.60 +0.39     +0.59%  7,550,100  5,388,000      67.80      65.16      67.88    60.3500    96.6875      22.06
JPM      Sep 28        34.15 +1.03     +3.11% 10,302,300  6,227,000      33.60      33.29      35.01    29.0400    57.3300      19.19
C        Sep 28        40.50 +0.63     +1.58% 18,455,200 10,825,318      40.15      40.05      41.10    34.5100    57.3750      15.42
AXP      Sep 28        29.06 +1.60     +5.83%  8,561,100  4,820,363      27.65      27.64      29.70    24.2000    63.0000      18.56
WMT      Sep 28        49.50 +0.11     +0.22%  9,560,200  6,687,272      49.45      48.81      49.95    41.4375    58.7500      34.76
GE       Sep 28        37.20 +1.25     +3.48% 32,473,000 19,548,500      36.30      36.02      37.30    28.5000    59.9375      27.21
*BANK_BRKR* No such ticker symbol. Try Symbol Lookup (Look up: *BANK_BRKR*)
BAC      Sep 28        58.40 +1.52     +2.67%  8,810,200  5,179,909      57.75      57.48      58.60    36.3125    65.5400      13.44
WFC      Sep 28        44.45 +0.75     +1.72%  4,918,300  3,780,045      43.95      43.76      44.59    39.6250    56.3750      25.50
MER      Sep 28        40.60 +2.79     +7.38%  9,781,600  5,032,500      38.75      38.37      40.94    33.5000    80.0000      12.12
MWD      Sep 28        46.35 +2.04     +4.60%  5,135,700  4,096,045      44.40      44.30      46.63    35.7500    93.5000      13.47
AGE      Sep 28        35.11 +1.91     +5.75%    468,300    354,227      34.11      34.08      35.35    29.7600    52.8125      15.17
BSC      Sep 28        50.01 +2.22     +4.65%  1,234,700    724,000      48.60      48.00      50.60    40.6500    68.0000      10.90
LEH      Sep 28        56.85 +2.19     +4.01%  2,168,900  2,016,090      54.74      54.60      57.22    43.5000    86.2000      10.57
*WIRELESS* No such ticker symbol. Try Symbol Lookup (Look up: *WIRELESS*)
QCOM     Sep 28        47.54 -0.02     -0.04% 14,868,700 11,847,454      47.83      47.07      49.22    42.6010   107.8125        N/A
NOK      Sep 28        15.65 -0.20     -1.26% 12,892,000 12,255,545      15.97      15.56      16.34    12.7000    53.7500      21.74
MOT      Sep 28        15.60 +0.10     +0.65%  8,298,100 10,609,818      15.60      15.24      15.89    10.5000    29.8125        N/A
PCS      Sep 28        26.29 +0.25     +0.96%  8,801,000  7,901,045      26.58      26.26      27.10    15.7200    39.1875        N/A
TPC      Sep 28        38.00 +2.30     +6.44%    252,300    200,681      35.79      35.79      38.00    25.8750    52.7500        N/A
RIMM     Sep 28        16.08 +0.33     +2.10%  2,189,400  3,145,636      16.10      16.06      16.62    13.7000   132.6875        N/A
LWIN     Sep 28        15.70 +0.73     +4.88%    758,800    822,681      15.12      14.47      15.70    12.7000    66.6250        N/A
DISH     Sep 28        23.27 +1.34     +6.11%  9,103,700  2,369,636      22.47      22.47      23.64    19.4900    56.4375        N/A
PROX     Sep 28         9.75 +0.32     +3.39%    563,700    746,818       9.30       9.23      10.03     5.6250    68.5000        N/A
*NETWRK_HW* No such ticker symbol. Try Symbol Lookup (Look up: *NETWRK_HW*)
A        Sep 28        19.55 +0.31     +1.61%  2,181,100  1,726,181      19.40      19.00      19.92    18.0000    68.0000      20.58
SUNW     Sep 28         8.27 +0.36     +4.55% 47,612,300 39,021,592       8.13       7.90       8.33     7.5200    61.0000      28.52
CSCO     Sep 28        12.18 +0.94     +8.36% 92,124,600 55,756,864      11.58      11.47      12.23    11.0400    59.4375        N/A
NT       Sep 28         5.61 +0.36     +6.86% 17,368,400 13,561,636       5.38       5.30       5.70     4.7600    70.0000        N/A
LU       Sep 28         5.73 +0.24     +4.37% 18,996,900 24,873,454       5.50       5.42       5.85     5.0400    34.6250        N/A
JNPR     Sep 28         9.70 -0.13     -1.32% 12,713,200 12,260,363      10.05       9.13      10.50     8.9000   244.5000      23.95
EXTR     Sep 28         6.91 +0.38     +5.82%  8,307,600  4,459,090       6.71       6.10       7.20     5.8500   128.8750        N/A
CIEN     Sep 28        10.29 +0.38     +3.83% 11,641,500 17,540,772      10.15       9.52      10.46     9.4100   151.0000      91.88
GLW      Sep 28         8.82 +0.47     +5.63%  9,671,800  7,990,590       8.60       8.52       8.95     8.2300   107.0000        N/A
JDSU     Sep 28         6.32 +0.29     +4.81% 37,553,600 24,433,228       6.29       6.11       6.80     5.1200   104.5625        N/A
ONIS     Sep 28         4.03 +0.35     +9.51%  2,931,500  5,050,090       3.83       3.80       4.15     3.5000    82.7500        N/A
AFCI     Sep 28        14.61 +0.03     +0.21%  2,063,800  1,758,454      14.90      14.40      15.20    11.8750    41.1250       6.18
DIGL     Sep 28         9.81 -0.16     -1.60%    908,600  1,558,181      10.10       9.65     10.249     9.2300    76.3750       7.30
NUFO     Sep 28         3.23 +0.37    +12.94%    679,800  1,165,409       2.91       2.91       3.27     2.1000    91.4375        N/A
EXFO     Sep 28            9 -0.25     -2.70%    166,700    270,045       9.31       8.71       9.86     8.7100    51.5000     155.17
SCMR     Sep 28         3.48 +0.19     +5.78%  1,640,000  2,114,681       3.22       3.02       3.52     3.0000   115.8750        N/A
CORV     Sep 28         1.52 +0.22    +16.92%  3,476,400  3,993,727       1.34       1.32       1.55     1.1900    71.7500        N/A
MRVC     Sep 28            3 +0.10     +3.45%    956,500  1,163,500       2.99       2.85       3.14     2.2500    53.7500        N/A
AVCI     Sep 28         1.28 +0.11     +9.40%  1,443,100  1,088,954       1.26       1.23       1.37     1.1000    95.9531        N/A
RBAK     Sep 28         1.45 +0.02     +1.40%  6,931,100  3,691,272       1.51       1.40       1.55     1.4000   167.1250        N/A
AVNX     Sep 28         2.96 +0.14     +4.96%    693,400  1,025,000       2.93       2.90       3.08     2.7500   131.0000        N/A
NEWP     Sep 28        14.10 +0.39     +2.84%    998,400  1,626,000      13.72      13.40      14.10    11.9100   182.0000      15.33
EMC      Sep 28        11.75 -0.14     -1.18% 22,850,900 17,107,364      12.14      11.40      12.15    10.0100   102.8750      17.15
BRCD     Sep 28        14.03 -0.13     -0.92% 12,077,200 11,931,045      14.65      13.51      14.70    12.6000   133.7188      41.26
EMLX     Sep 28         9.51 +0.46     +5.08%  3,996,100  4,524,090      9.585       9.20      10.18     8.4000   109.7500        N/A
NTAP     Sep 28         6.80 +0.12     +1.80%  8,915,900  7,377,090       6.93       6.19       7.02     6.0000   152.7500      34.34
MCDT     Sep 28         8.45 +0.70     +9.03%    798,700        N/A       7.89       7.89       8.96     7.0400   132.5000      30.73
STOR     Sep 28         3.96 -0.06     -1.49%  1,975,900  2,815,863       4.22       3.92       4.44     3.6500   106.6250        N/A
TLAB     Sep 28         9.88 -0.01     -0.10%  8,917,300  6,702,181       9.99       9.78      10.34     9.5600    68.5000       9.63
SFA      Sep 28        17.50 +0.80     +4.79%  1,830,900  2,917,590      16.75      16.75      17.57    15.7500    71.8750       8.79
CMVT     Sep 28        20.48 +0.34     +1.69%  6,164,500  6,069,363      20.31      19.70      20.56    19.3600   124.7500      14.52
ADCT     Sep 28         3.49 +0.12     +3.56%  8,738,100  8,709,090       3.40       3.30       3.62     2.6300    30.4375        N/A
GSPN     Sep 28         9.04 +0.06     +0.67%  1,934,400  1,742,909       9.11          9       9.70     8.0900   129.8750        N/A
TLGD     Sep 28        19.20 +0.21     +1.11%    111,600    189,909      18.90      18.32      19.25    15.2500   148.0000      10.50
*NTWRKINFRSTRCR* No such ticker symbol. Try Symbol Lookup (Look up: *NTWRKINFRSTRCR*)
ALGX     Sep 28         3.01 -0.84    -21.82% 18,985,500    924,318       3.69       2.80       3.98     2.8000    41.5000        N/A
LVLT     Sep 28         3.78 -0.02     -0.53%  2,231,400  7,757,000       3.81       3.59       3.90     2.9900    76.9375        N/A
ILUM     Sep 28        38.32 +2.40     +6.68%  1,287,900    308,045      36.52      36.18      38.64    13.0625    39.3000      34.21
MTZ      Sep 28         5.10 +0.45     +9.68%    256,100    195,727       4.70       4.70       5.10     4.3000    35.7500       7.50
DY       Sep 28        11.60 +0.32     +2.84%    354,800    308,045      11.20      11.20      11.90    10.5000    49.3750       8.06
PWR      Sep 28        14.25 +0.90     +6.74%  1,062,500    425,181      13.35      13.35      14.75     9.9400    38.9375      10.88
ANDW     Sep 28        18.18 +1.17     +6.88%    740,300    862,272      17.11      17.11      18.25    13.1875    27.5000      22.44
WFII     Sep 28         4.47 -0.02     -0.45%    556,500    493,363       4.54       4.30       5.06     3.3125    67.0000        N/A
*NETWRK_SW* No such ticker symbol. Try Symbol Lookup (Look up: *NETWRK_SW*)
MUSE     Sep 28         5.68 -0.59     -9.41%  2,954,400  3,121,590       6.36       5.55       6.45     5.3000   108.3750      19.65
OPWV     Sep 28        12.75 -0.43     -3.26%  4,831,700  6,055,863      13.41      12.49      13.80    10.8000   116.8750        N/A
VRSN     Sep 28        41.90 +2.39     +6.05% 14,001,300  7,441,454      40.12      39.79      42.30    26.2500   207.8750        N/A
ISSX     Sep 28         9.11 -0.39     -4.11%  1,011,600  1,652,000       9.50       9.10      10.10     8.3500   102.9375      34.25
NETE     Sep 28         8.57 -0.22     -2.50%  1,453,900  1,582,954       8.83       8.48       9.52     8.1700    80.8750      27.47
RSAS     Sep 28        13.46 -1.29     -8.75%  2,337,000  1,033,090      15.06      12.87      15.44    12.8700    44.3334       5.09
SNWL     Sep 28        11.88 +0.91     +8.30%  1,250,800    748,909      10.90      10.57      11.88     8.5000    28.7500        N/A
*SEMI-CAPX* No such ticker symbol. Try Symbol Lookup (Look up: *SEMI-CAPX*)
AMAT     Sep 28        28.44 +0.57     +2.05% 20,232,000 14,938,090      28.37      27.42      29.17    27.0500    60.9375      16.42
KLAC     Sep 28        31.58 +0.01     +0.03% 10,542,300  7,185,681      31.62      30.69      33.10    25.5000    61.0000      16.89
NVLS     Sep 28        28.56 +0.31     +1.10%  7,992,800  6,539,681      28.93      27.45     29.649    24.9375    58.7000      14.53
TER      Sep 28        19.50 +0.50     +2.63%  2,640,300  1,850,363      19.60      19.15      20.49    18.4300    47.2100       9.42
LRCX     Sep 28        16.95 +0.53     +3.23%  3,518,300  2,320,272      16.54      16.33      17.65    13.0000    33.7600      15.84
CCMP     Sep 28        48.31 -2.09     -4.15%  1,768,700  1,112,636      51.21      47.82      51.75    35.5000   100.1250      26.06
CMOS     Sep 28        12.05 +0.49     +4.24%  1,796,300    783,363      11.55      11.54      12.23    11.2500    30.9375        N/A
BRKS     Sep 28        26.59 -0.47     -1.74%  3,544,600    466,863      27.64      24.78      29.90    19.8750    65.1328      33.24
COHR     Sep 28        28.40 +2.15     +8.19%    178,600    166,500      26.50      26.50      28.90    25.0000    69.0000       9.93
EMKR     Sep 28         8.56 +0.36     +4.39%  1,006,200    632,636          9       8.25       9.20     7.6900    55.3750        N/A
CREE     Sep 28        14.78 +0.28     +1.93%  1,470,300  1,223,045      14.80      14.45      15.05    12.2100    64.1250      39.95
VECO     Sep 28        26.50 +1.41     +5.62%    527,400    396,045      25.18      24.59      27.71    19.9000   108.5000      20.70
CYMI     Sep 28        16.75 +1.28     +8.27%    362,900    346,863      15.61      15.36      16.81    14.1500    36.0000      10.01
NANO     Sep 28        17.71 -2.12    -10.69%    671,700     93,136      13.50         13      18.07    10.6250    54.5000      18.07
*SEMI* No such ticker symbol. Try Symbol Lookup (Look up: *SEMI*)
INTC     Sep 28        20.44 -0.11     -0.54% 72,652,496 42,345,272      20.74      20.10      20.98    18.9600    47.8750      26.21
AMD      Sep 28         8.15 +0.15     +1.87%  7,492,800  6,815,363       8.43       7.96       8.45     7.8000    34.6500       3.68
BRCM     Sep 28        20.30 +0.30     +1.50% 15,168,400  9,672,272     20.515      18.70      20.99    18.7000   256.1875        N/A
AMCC     Sep 28         6.99 +0.49     +7.54% 13,701,000 11,915,818       6.74       6.41       7.17     6.2300   109.2500        N/A
PMCS     Sep 28        10.27 +0.22     +2.19% 14,321,700  8,518,318      10.25       9.40      10.89     9.4000   224.6250        N/A
VTSS     Sep 28         7.75 +0.72    +10.24% 14,092,900  5,474,818       7.18       6.67       7.86     6.6500    93.2500        N/A
TXCC     Sep 28         3.06 +0.20     +6.99%  3,032,700  1,878,636       2.98       2.85       3.15     2.8000    74.6875      14.04
XLNX     Sep 28        23.53 +0.87     +3.84% 12,009,800  6,060,454      22.79      22.01      23.86    19.5200    91.9375        N/A
ALTR     Sep 28        16.38 +0.61     +3.87% 12,641,000  6,820,954      16.40      15.62      16.85    14.6600    51.3750      12.11
LSCC     Sep 28        15.70 +0.96     +6.51%  1,705,600  1,406,909      14.84      14.64      15.83    14.0400    29.6500      33.84
TXN      Sep 28        24.98 +1.23     +5.18% 12,024,200  8,746,954      23.76      23.75      25.24    20.1000    54.6875      32.61
ADI      Sep 28        32.70 +0.65     +2.03%  4,362,900  3,038,318      32.14      31.92      33.65    29.0000    93.3125      23.47
ISIL     Sep 28        27.92 +2.70    +10.71%  3,018,500  1,313,227      25.77      25.76      29.25    13.5625    58.0625      48.14
DSPG     Sep 28        19.95 +1.24     +6.63%    160,000    274,863      18.72      18.70      20.20    13.5000    38.0000      19.79
STM      Sep 28        21.49 +1.13     +5.55%  2,166,200  1,199,227      21.25      21.08      21.90    17.8900    52.3750      19.00
QLGC     Sep 28           19 +0.98     +5.44%  6,717,500  7,008,090      18.49      17.89      19.50    17.2100   130.2500      26.39
LLTC     Sep 28        32.80 +1.41     +4.49%  8,798,000  4,377,000      31.74      30.20      32.87    29.7200    68.0625      25.43
MXIM     Sep 28        34.94 +1.26     +3.74%  8,648,500  4,634,045      33.82      32.74      35.18    32.2000    83.2500      37.57
ELNT     Sep 28        22.95 +1.26     +5.81%    674,700    456,727      22.83      21.51      23.25    17.5000   123.0000      24.95
NSM      Sep 28           22 +1.37     +6.64%  4,208,800  1,991,181      20.64      20.64      22.45    17.1250    41.5000      86.61
RFMD     Sep 28        16.60 +0.87     +5.53% 14,361,300  7,872,454      16.56      15.75      17.05     8.7500    37.5000        N/A
AHAA     Sep 28        19.37 +0.65     +3.47%  1,777,400  1,575,181      19.30      18.72      20.50    13.0625    55.3750      40.35
TQNT     Sep 28        15.99 -0.18     -1.11%  3,932,700  2,987,681      16.47      15.68      16.91    10.2500    61.5625      23.17
MCRL     Sep 28        19.94 +0.65     +3.37%  1,106,100    761,090      19.50      19.28      20.12    17.4900    69.5000      36.93
MU       Sep 28        18.83 +1.05     +5.91%  9,629,300  6,855,590      17.85      17.38      19.75    16.3900    49.6100        N/A
RMBS     Sep 28         7.36 +0.17     +2.36%  1,448,500  2,436,090       7.21       7.11       7.50     4.8600    86.2500       9.32
IDTI     Sep 28        20.12 +1.49     +8.00%  3,192,700  1,925,954      19.10      18.57      20.56    18.0300    95.1250       6.74
LSI      Sep 28        11.75 +0.95     +8.80%  6,032,800  3,157,363      11.10      11.00      12.09     9.7800    33.0000        N/A
NVDA     Sep 28        27.47 +1.22     +4.65%  8,709,300  4,716,181         27      25.85      28.81    13.7500    50.0000      38.02
ARMHY    Sep 28        10.55 -0.27     -2.50%    472,100    435,227      10.71      10.50      10.94     8.3900    34.0000      77.01
*SW*   No such ticker symbol. Try Symbol Lookup (Look up: *SW*)
MSFT     Sep 28        51.17 +1.21     +2.42% 58,323,900 30,098,454      49.62      48.98      51.59    40.2500    76.1500      36.81
ORCL     Sep 28        12.58 +0.54     +4.49% 44,276,500 36,826,544      12.17      12.07      12.74    10.1600    41.0625      27.96
CHKP     Sep 28        22.02 +1.32     +6.38% 11,975,500  8,236,909      21.23     20.749      22.30    19.5600   118.5834      18.30
SEBL     Sep 28        13.01 +0.03     +0.23% 13,168,900 13,433,272      13.50      12.88      13.85    12.3200   119.8750      22.20
VRTS     Sep 28        18.44 -0.55     -2.90% 14,044,700 12,315,318      19.60      17.76      19.68    17.3000   166.8750        N/A
MERQ     Sep 28        19.04 +0.08     +0.42%  4,128,800  4,179,727      18.96      18.79      19.55    18.0000   162.5000      25.59
ITWO     Sep 28         3.44 -0.05     -1.43% 12,929,700 10,798,454       3.44       3.30       4.09     2.9800    96.1250        N/A
PSFT     Sep 28        18.04 +0.08     +0.45% 13,896,900  7,974,636      18.40      17.18      18.47    15.7800    53.8750      28.59
RATL     Sep 28         8.66 +0.43     +5.22%  3,064,600  2,961,954       8.28       8.17       9.12     7.5100    70.3125      72.17
BMC      Sep 28        12.70 -0.29     -2.23%  5,369,100  1,772,727      13.10      12.19      13.20    11.5000    33.0000        N/A
CA       Sep 28        25.74 +1.10     +4.46%  3,509,100  1,947,409      25.95      24.90         26    18.1250    39.0300        N/A
CTXS     Sep 28        19.80 -2.49    -11.17% 11,247,400  4,225,363      21.93     19.411      22.15    15.8125    37.1875      40.99
ADBE     Sep 28        23.98 +1.14     +4.99%  7,600,100  3,741,181      23.15      22.20      24.22    22.2000    87.3125      24.35
ERTS     Sep 28        45.67 +0.63     +1.40%  4,552,400  2,198,272      45.01      44.44      46.62    31.0000    63.7500        N/A
*NET*  No such ticker symbol. Try Symbol Lookup (Look up: *NET*)
EBAY     Sep 28        45.75 +0.64     +1.42% 10,152,500  6,061,500      45.65     43.449     46.699    26.7500    71.2990     151.49
TMPW     Sep 28        28.39 +0.51     +1.83%  3,047,500  2,283,727      28.05      27.54      29.23    27.2300    83.2500      49.81
AOL      Sep 28        33.10 +0.75     +2.32% 19,977,800 13,754,136      33.00      32.80      33.40    27.4000    62.2700      62.93
YHOO     Sep 28         8.81 -0.30     -3.29%  6,648,600  7,992,000       9.16       8.60       9.25     8.0200    91.8750        N/A
RETK     Sep 28        12.62 +0.62     +5.17%  2,442,300    907,681      12.25      12.01      12.69    11.6500    60.0000        N/A
GMST     Sep 28        19.71 +0.56     +2.92%  5,009,300  3,775,000      19.62      19.52      20.53    16.0500    90.0000        N/A
CTSH     Sep 28        22.40 +1.46     +6.97%     75,300     85,136      20.94      20.71      23.06    18.2500    53.7500      21.07
NNDS     Sep 28        20.41 +0.02     +0.10%      1,500     52,590      20.50      20.40      20.50    17.3000    81.0000      60.74
INTU     Sep 28        35.80 0.00      0.00%  3,289,000  2,424,500      35.67      34.65      37.37    22.6250    69.3125        N/A
QSFT     Sep 28        11.58 +1.47    +14.54%  2,244,100  1,073,545      10.40      10.21         12     9.7000    64.3750        N/A
CKFR     Sep 28        16.97 +0.97     +6.06%    676,700    632,409      16.07      16.05      17.25    14.5500    62.5000        N/A
HOMS     Sep 28         7.65 +0.61     +8.66%  4,843,700  1,751,818       7.05       6.86       7.75     6.5200    46.8750        N/A
SRNA     Sep 28        11.65 +0.56     +5.05%    386,600    668,500      11.09      10.31      11.75     5.4688    58.3125      20.58
TLRK     Sep 28        18.42 +0.72     +4.07%    412,600    111,636         18      17.90      18.80    15.9500    35.1250        N/A
NTIQ     Sep 28        22.77 +0.89     +4.07%    889,400    939,590      21.90      21.48      23.50    13.5000   111.5000        N/A
DMRC     Sep 28        13.77 +1.80    +15.04%    193,900    105,500      11.55      11.55      13.77     9.0000    28.2000        N/A
SMMX     Sep 28        14.75 -0.05     -0.34%    102,700    145,545      14.80      14.21      16.56    11.6600    50.4375    1843.75
DGIN     Sep 28        11.50 +0.30     +2.68%    584,000    251,636      11.60      11.36      12.35     6.9375    37.6250        N/A
MACR     Sep 28        12.11 +0.63     +5.49%    671,000    742,545      11.83      11.59      12.15    11.3000    85.2500        N/A
GOTO     Sep 28        12.55 +0.50     +4.15%  1,590,900    936,136      12.17      11.90      12.70     4.8125    28.2810        N/A
WEBM     Sep 28         6.91 -1.22    -15.01%  2,288,200  1,629,363       8.05       6.55       8.06     6.3000   119.8750        N/A
VRTY     Sep 28        10.10 +0.84     +9.07%    783,200    562,454       9.25       9.01      10.10     7.0000    35.4375      15.51
*ECM*  No such ticker symbol. Try Symbol Lookup (Look up: *ECM*)
SANM     Sep 28        13.58 +0.19     +1.42%  6,794,500  7,638,545      13.41      13.06      13.75    11.6400    60.5000      15.14
JBL      Sep 28        17.90 +0.65     +3.77%  1,805,100  2,108,545      17.50      17.40      18.27    14.0000    60.0000      30.34
FLEX     Sep 28        16.54 +1.05     +6.78% 10,960,000  6,848,863      15.89      15.57      17.18    12.3750    43.0000        N/A
SLR      Sep 28        11.65 +0.17     +1.48%  5,317,900  5,468,954      11.60      11.35      12.13     9.9100    52.6250        N/A
SCI      Sep 28        18.00 0.00      0.00%    572,500  1,339,090      18.20      17.74      18.44    15.5300    47.0000      26.47
*DRUG* No such ticker symbol. Try Symbol Lookup (Look up: *DRUG*)
IDPH     Sep 28        49.57 -1.70     -3.32%  4,260,200  3,504,090      52.20      49.15      52.97    32.6250    77.6451      99.14
PDLI     Sep 28        47.23 +0.94     +2.03%  3,939,900  1,751,500      47.33     45.529      50.15    32.5000   146.2500     497.16
GILD     Sep 28        56.17 -0.65     -1.14%  4,669,500  1,538,636      58.70      55.31      58.90    24.8750    63.4900        N/A
SEPR     Sep 28        35.90 +0.52     +1.47%  1,322,500    722,000      35.60      35.26      37.50    23.4500   124.8125        N/A
IVGN     Sep 28        65.76 +2.19     +3.45%  1,080,600  1,013,000      63.67      63.67      65.90    38.5000    87.4375        N/A
AFFX     Sep 28        16.05 +0.10     +0.63%  1,322,300  1,115,272      16.05      15.86      17.05    13.9800    92.0000        N/A
HGSI     Sep 28        30.91 +0.50     +1.64%  4,787,500  2,469,454      31.52      30.45      32.29    26.4100   106.8594        N/A
AMGN     Sep 28        58.77 -0.68     -1.14% 10,028,200  7,235,500      60.09      58.73      60.99    45.4375    75.0625      52.95
VRTX     Sep 28        18.04 +0.84     +4.88%  1,526,400    750,090      17.85      17.59      19.03    15.5000    99.2500        N/A
MLNM     Sep 28        17.76 +1.11     +6.67%  5,318,100  2,393,954      17.89      17.26      18.45    15.6300    89.8125        N/A
BGEN     Sep 28        55.58 -1.38     -2.42%  4,623,100  2,943,727      57.19      55.45      58.20    47.1250    75.0000      29.91
MEDI     Sep 28        35.63 +1.15     +3.34%  3,570,800  2,589,272      34.65      34.64      36.75    27.6250    72.6250      49.62
*MISC* No such ticker symbol. Try Symbol Lookup (Look up: *MISC*)
DELL     Sep 28        18.53 +0.49     +2.72% 31,535,600 24,264,228      18.34      18.20      19.07    16.0100    33.0625      33.69
AAPL     Sep 28        15.51 0.00      0.00%  6,520,100  5,353,681      15.71      15.39      15.91    13.6250    27.1200      90.70
PLCM     Sep 28        24.37 +0.57     +2.39%  3,521,800  1,199,545      23.82      23.56      25.70    10.7500    72.2500      42.38
PLXS     Sep 28        23.58 +0.31     +1.33%  1,061,100    559,000      23.32      23.01      24.21    19.9375    78.3750      22.29
OPMR     Sep 28        24.50 -0.85     -3.35%  1,504,700    590,136      26.10      24.40      27.28    23.0000    53.5500        N/A
IART     Sep 28        27.62 -2.93     -9.59%  1,243,700    384,272      30.64      26.50         31     9.6875    32.1500        N/A
TUTR     Sep 28        24.14 +0.44     +1.86%    227,500    222,318      23.80      23.69    24.4877    12.0625    36.4000      36.74
MDCI     Sep 28        16.90 -0.20     -1.17%    402,500    269,181      17.35      16.80      17.75     3.0000    17.7500      34.49



To: Clint E. who wrote (34516)10/1/2001 5:28:27 AM
From: Clint E.  Respond to of 68614
 
An unforgettable quarter,, Market now faced with uncertainty

By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 5:40 AM ET Sept. 29, 2001

NEW YORK (CBS.MW) -- It's the quarter no one will forget.

Forever etched in everyone's memory will be the Sept. 11 terrorist attacks that leveled New York City's World Trade Center and wreaked havoc in the Pentagon.

The fourth-quarter begins with a mountain of uncertainty affecting both the economic and political realm. The repercussions of the terrorist attacks are already being felt by companies: Tens of thousands of layoffs have been announced in the airline industry; the insurance sector is hamstrung by an avalanche of claims; strings of profit warnings were announced as an already weak economy may now tip into recession.

With the final stretch of the year to begin on Monday, investors leave behind a dismal third-quarter performance: The Dow Jones Industrial Average fell 15.7 percent, its worst quarterly outing since the fourth quarter of 1987; the Nasdaq lost a crushing 30.7 percent in its worst showing since the fourth quarter of 2000 when it fell almost 33 percent; and the S&P 500 declined 15 percent. Both the Dow and the Nasdaq are now hovering close to three-year lows.

Underscoring the pain that Wall Street has felt, almost 95 percent of mutual funds are struggling with losses in 2001. See full story.

And using the Wilshire 5000 Index as a gauge of the broad market, a total of about $1.14 trillion in market value was lost in September while $2.25 trillion was lost in the third quarter.

"Obviously it was a horrendous quarter. Things were already bad before the terrorist attacks and now they are horrible. I can't make the case for the fourth quarter to be anything other than gloomy number after gloomy number. Bu we've already seen a lot of inventory liquidation and when demand returns, companies will need to restock -- fast," said Joe Liro, equity strategist at Stone & McCarthy Research Associates. He expects a shallow recession to be followed by a strong recovery.

Investors need to watch how stocks react to news, Liro maintained. When they stop going down on bad news, that'll mark the turn.

No simple solution

Fighting an unseen enemy precludes a quick, simple response to the horrific actions against the U.S. The most pressing questions are what a protracted conflict will do to consumer confidence and how it'll affect spending patterns.

"We maintain a cautious stance due to the uncertainty [surrounding the market.] Military policy is now a key ingredient in determining the stock market's direction," said Jeffrey Kleintop, chief investment strategist at PNC Advisors. "The breadth and length of the campaign will determine the market's [reaction]."

Kleintop said that while the stock averages may not go any lower this year, he doesn't see many catalysts for a sustainable upside push over the short term. He added that investors will have to contend with lots of volatility.

"As we make progress and continue to do the right things to defeat terrorism, I think confidence will be restored. And the Fed will keep proving ample liquidity to keep the economy going," remarked Robert Harrington, managing director and head of listed stock trading at UBS Warburg.

Joel Naroff, chief economist at Naroff Economic Advisors, said massive monetary stimulus, incredibly large increases in government expenditures and a cutback in imports should soften a consumption blow.

Naroff also feels that if consumers don't stay depressed during the last three months of the year, a decline in GDP -- if there is one -- may not be that big. And he's not ruling out an increase in growth.

But some economists now believe the U.S. is officially in recession.

Merrill Lynch's Bruce Steinberg expects third- and fourth-quarter gross domestic product to decline by about 1 percent. And Morgan Stanley's chief economist Stephen Roach said this week that he feels Japan and the U.S. are now in "outright recessions," and expects Europe to follow suit, trimming his global economic growth estimate for 2001 to 1.8 percent from 2.1 percent and for 2002 to 2.1 percent from 3.4 percent.

Still, many strategists held out belief that the market is now oversold, with many sectors undervalued, and thus increased their equity weightings.

Noted bull Abby Joseph Cohen of Goldman Sachs recently raised her recommended equity weighing in the firm's model portfolio to 75 percent from 70 percent, telling investors that it's "time to buy stocks." And A.G. Edwards' Mark Keller upped his equity allocation to 80 percent from 70 percent this week on belief that equity valuations are now cheap in most sectors and that stock prices already appear to have discounted a deep recession.

After being closed for four trading days following the attacks and succumbing to harrowing losses the following week -- the worst since the Great Depression -- stocks found some stability this week, albeit a tenuous one. The Dow rose 7.4 percent, the Nasdaq 5.3 percent and the S&P 7.8 percent.

"The climactic part of the move appears to be behind us. But now the rebuilding process is starting and it promises to be a long one after the huge decline that so many stocks have seen," observed Robert Dickey, technical strategist at Dain Rauscher.

Volatility -- and October -- ahead

Investors often enter the month of October with jitters, recalling that the market crashes of 1929 and 1987 occurred in that month.

But those fears are somewhat misplaced.

"October tends to get a bad reputation but they are seldom worse than Septembers," Liro maintained.

In fact, September is the market's worst performing month of the year and October ranks only seventh, according to the Stock Traders Almanac.

Yale Hirsch, editor of the Almanac, said October is a time when most bear markets seem to end, as in 1946, 1957, 1960, 1966, 1974, 1987, 1990 and 1998.

Further, November and December tend to be very positive months for the Dow, Nasdaq and S&P 500.

Can the Fed work some wonders?

Investors are readying for another Fed rate cut as the Federal Open Market Committee meets Tuesday to decide the level of the overnight lending rate. Read Economic Preview.

The fed funds futures markets are pricing in expectations for a rate cut of 50 basis points, which would take the overnight lending rate to 2.50 percent following Sept. 17's 1/2 percentage point slash. It would also mark the central bank's ninth rate cut of the year.

But Tony Crescenzi, chief bond market strategist at Miller Tabak & Co., observes that recent comments from Fed Chair Alan Greenspan seemed to hint at a desire to go slow and wait to see the impact of the terrorist attacks before deciding the remedy.

The strategist said cutting rates by a more mild 25 basis points would leave the central bank with more ammunition for later, if it's needed.

"There's only so much Fed rate cuts can do in this situation. It won't put people back on planes," Crescenzi remarked.

Kleintop said it's a toss-up between 25 and 50 basis points.

"The Fed will clearly remain in easing mode but there's already so much stimulus in the pike. They may take a wait-and-see approach and just cut by 25 basis points," he contends.

Earnings and data watch

Among the few companies reporting next week are: Walgreen, Family Dollar Stores, Tenet Health Care, Alcoa, Nautica and Marriott.

Thomson Financial/First Call notes that even with the analyst delays in submitting estimate changes following the Sept. 11 attacks and a void of information on consumer spending patterns, earnings expectations came down rapidly last week.

In fact, expected third-quarter earnings growth for S&P 500 companies dropped to a 19.4 percent decline from the previously projected 16.1 percent decline. At the time of the attacks, the estimate was for a 14.7 percent drop. And First Call said it seems likely that the estimates will be reduced several percentage points by the time the reporting season beings in earnest.

First Call notes that warnings for the third quarter continue to be close to the record-setting pace of the first quarter.

Meanwhile, the expected earnings decline for the fourth-quarter fell last week to 7.7 percent from 4.3 percent. For the first quarter of 2002, earnings for S&P 500 companies are now expected to rise 3.9 percent vs. the 7.5 percent gain that had been forecast in the previous week.

Next week's economic calendar will see a cluster of key releases, including the September National Association of Purchasing Management Index and the September employment report. Also on tap: August construction spending, August personal income and spending, August factory orders and the August consumer credit figures. Check economic calendar and forecasts.

Kelintop said the NAPM number will be closely watched to gauge the fallout in manufacturing activity following the Sept. 11 attacks on the U.S.

"It'll be critical to see how deep the retrenchment was," he said.

Kleintop expects the jobless rate to edge up to 5 percent from 4.9 percent. "I don't expect another big jump in the unemployment rate after last month's [spike]. I think the rate will hang around the 5-percent level."

Friday's trading activity

Stocks ended the final trading day of the quarter on a very solid note, ending at the highs of the session Friday in an extremely broad-based advance.

All sectors ended deep in the plus column, led by chip, Internet, airline, oil service, financial, natural gas, utility and cyclical issues. And many tech names that struggled significantly on Thursday got a nice push higher: Cisco Systems climbed 8.4 percent, JDS Uniphase 4.8 percent and Sun Microsystems 4.6 percent. Check market stats and latest sector performance.

Many market watchers attributed the positive action to quarter-end portfolio readjustments and a bounce from oversold conditions.

The Dow Jones Industrial Average ($INDU: news, chart, profile) surged 166.14 points, or 1.9 percent, to 8,847.56. Topping the Dow's list of gainers were shares of American Express, Walt Disney, Honeywell, General Motors, DuPont and General Electric. Only five Dow stocks ended with losses: Boeing, Philip Morris, Intel, Hewlett-Packard and Coca-Cola.

The Nasdaq Composite ($COMPQ: news, chart, profile) gained 38.09 points, or 2.6 percent, to 1,498.80 while the Nasdaq 100 Index ($NDX: news, chart, profile) added 24.10 points, or 2.1 percent, to 1,168.37.

The Standard & Poor's 500 Index ($SPX: news, chart, profile) climbed 2.2 percent while the Russell 2000 Index ($RUT: news, chart, profile) of small-capitalization stocks tacked on 3.0 percent.

Volume came in at 1.63 billion on the NYSE and at 2.11 billion on the Nasdaq Stock Market. Market breadth was markedly positive, with winners taking out losers by 25 to 7 on the NYSE and by 25 to 12 on the Nasdaq.

In the fixed-income arena, the 10-year Treasury note ended off 9/32 to yield ($TNX: news, chart, profile) 4.58 percent while the 30-year government bond climbed 7/32 to yield ($TYX: news, chart, profile) 5.42 percent. See Bond Report.

In the currency segment, the dollar gave back 0.1 percent to 119.53 yen while the euro shaved 0.7 percent to 91.12 cents.
================================================
Saturday September 29, 10:44 am Eastern Time
Economists Look Ahead to Rebound in 2002
By Caren Bohan

WASHINGTON (Reuters) - Even though most economists say a U.S. recession is inevitable in the wake of the Sept. 11 terror attacks, many have become increasingly optimistic that when a recovery finally arrives, it will be a strong one.
ADVERTISEMENT



Hope about a light of the end of the tunnel for the economy helped to lift stock prices on Monday. After its worst week since the Great Depression, Wall Street bounced back, with the Dow Jones industrial average surging more than 4 percent.

There is widespread agreement that over the next six months, the economy -- which was weak well before the deadly attacks in Washington and New York -- will sink into an even deeper slump as nervous consumers shy away from vacations, trips to the shopping mall and even house-hunting.

But recessions, as painful as they are, are often followed by periods of strong growth. After months of hunkering down and bolstering their balance sheets, businesses and consumers can spend more freely and often do because of ``pent-up'' demand.

``It may seem like gloom and doom for the economy in the near future but it will clarify,'' said Victor Zarnowitz, a business-cycle expert who consults for the Conference Board in New York. ``It may be that a recession is not the ultimate disaster.''

RIPPLES SPREAD

Both Zarnowitz and Diane Swonk, chief economist at Bank One Corp. in Chicago, said that over the next few months, the economic picture will remain very uncertain as effects of the attacks ripple through all corners of the economy.

Close to 7,000 people are dead or missing after teams of people hijacked four commercial airplanes on Sept. 11. Two jets rammed into the Trade Center's twin towers, one hit the Pentagon and a fourth crashed in Pennsylvania.

``Up front, it's hard to escape what could be classified as a recession,'' Swonk said.

Economists loosely define a recession as two straight quarters of falling gross domestic product. As recently as the second quarter of this year, the economy was teetering on the brink of recession, with GDP inching up a mere 0.2 percent.

Data on the third quarter, which ends in September, won't be available until late October.

The typical economic recession in the post-World War II period has lasted 11 months. Some economists say the economy may have been in a recession as early as June or before, although others believe any contraction would have started with the terror attack.

Economists see mid-2002 as the most likely time when a recovery in the world's top economy could pick up steam.

LIQUIDITY ON THE WAY

Swonk said that despite the economic devastation, ``over the long haul, we're putting a tremendous amount of liquidity into the economy.''

Eight interest-rate cuts by the Federal Reserve will help rev up growth. And Washington has cast off its self-imposed fiscal strait-jacket. Prior to the attacks, lawmakers and the Bush administration were talking of potential budget cuts in order to avoid tapping into the politically sensitive Social Security trust fund.

However, within a few days of the hijack attacks, Congress approved a $40 billion emergency package to fund counter-terrorism and recovery efforts. With the country in shock over the attacks, lawmakers of both parties have said money was not the issue and they expected to spend more.

Swonk said business spending could also pick up, helped along by some unexpected consequences of the attack. For example, some businesses are investing in new telecommunications equipment and diversifying their information networks.

Mark Zandi, chief economist at Economy.com in West Chester, Pa. said there is a certain logic to what economists are referring to as a V-shaped scenario in which the economy contracts then rebounds strongly.

``By this time next year, the economy should be expanding and unemployment should no longer be rising and may begin to fall,'' he said.

But Zandi added that scenario assumes that any military action the United States takes will be finished by next year and that there will be no further terrorist attacks.

In addition to the risk of another attack -- which could send consumers into hiding again -- Zandi said there is the peril that, as the downturn progresses, those burdened with high debt loads get into financial trouble, potentially hurting banks and other lenders.

But so far, economists say the financial system appears to be in decent health.



To: Clint E. who wrote (34516)10/10/2001 11:38:55 PM
From: Clint E.  Respond to of 68614
 
10/10 1626 +56.07 (+3.57%) @ 1.9B vol

Message 16485911

Message 16481210


Symbol      Last Trade              Change             Volume    Avg Vol       Open      Day's Range          52-week Range            P/E
^DJI     4:02PM      9240.86 +188.42     +2.08%        N/A        N/A    9052.30    9000.14    9252.90    8062.34   11350.05        N/A
^IXIC    5:16PM      1626.26 +56.07     +3.57%        N/A        N/A    1563.96    1558.81    1626.99    1387.06    3535.11        N/A
QQQ      4:15PM        32.50 +1.41     +4.54% 73,844,600        N/A     30.871     30.751      32.54    27.2000    87.8750        N/A
^NDX     5:15PM      1304.68 +60.12     +4.83%        N/A        N/A    1239.77    1235.42    1305.46    1088.96    3514.96        N/A
^SPX     5:01PM      1080.99 +24.24     +2.29%        N/A        N/A    1056.75    1052.70    1081.62     944.75    1438.46        N/A
^SOXX    4:45PM       428.59 +27.07     +6.74%        N/A        N/A     401.52     396.99     428.71     343.93     801.05        N/A
^VIX     3:59PM        33.46 -2.53     -7.03%        N/A        N/A      36.26      33.25      36.64      13.38      57.31        N/A
*DOW*  No such ticker symbol. Try Symbol Lookup (Look up: *DOW*)
UTX      4:01PM        52.20 +1.20     +2.35%  2,978,400  3,001,136      51.20      51.05      52.59    40.1000    87.5000      13.31
IBM      4:02PM        97.25 +0.11     +0.11% 10,636,900  8,045,454      95.00      94.90      97.30    80.0625   119.9000      20.74
HWP      5:01PM        17.00 +0.28     +1.67%  9,423,800  8,440,454      16.72      16.60      17.25    12.5000    49.9063      24.23
MRK      4:01PM        68.49 +0.56     +0.82%  4,011,800  5,632,863      67.73      67.38      69.20    60.3500    96.6875      22.50
JPM      4:01PM        33.39 +0.44     +1.34%  8,522,700  7,418,409      32.70      32.55      33.87    29.0400    57.3300      18.51
C        5:01PM        44.31 +1.61     +3.77% 15,591,600 12,744,954      42.80      42.75      44.80    34.5100    57.3750      16.26
AXP      4:00PM        29.52 +0.52     +1.79% 12,396,800  5,849,500         30      29.06      30.50    24.2000    61.4375      18.52
WMT      4:11PM        53.63 +1.55     +2.98%  9,481,900  7,992,545      52.33      52.20      53.70    41.4375    58.7500      36.57
GE       5:01PM        37.91 +1.09     +2.96% 17,994,600 22,202,954      36.81      36.51      38.14    28.5000    59.8125      26.93
*BANK_BRKR* No such ticker symbol. Try Symbol Lookup (Look up: *BANK_BRKR*)
BAC      4:02PM        54.80 +2.65     +5.08%  7,942,300  5,878,681      52.60      52.42      55.65    36.3125    65.5400      12.00
WFC      4:03PM        42.12 +0.44     +1.06%  3,841,000  4,077,045      41.50      41.46      43.00    39.6250    56.3750      23.91
MER      4:01PM        42.67 +0.93     +2.23%  6,673,400  6,030,772      41.70      41.40      42.90    33.5000    80.0000      12.46
MWD      4:01PM        50.60 +1.34     +2.72%  5,364,700  4,573,090      49.26      48.45      51.10    35.7500    90.4900      14.32
AGE      4:01PM        37.25 +1.08     +2.99%    347,300    380,318      36.25      36.07      37.45    29.7600    52.1875      15.62
BSC      4:02PM        52.25 +0.90     +1.75%    755,700    790,409      51.25      50.80      52.40    40.6500    64.4500      11.19
LEH      4:01PM        59.80 +1.30     +2.22%  2,603,800  2,218,681      58.00      57.90      60.09    43.5000    86.2000      10.87
*WIRELESS* No such ticker symbol. Try Symbol Lookup (Look up: *WIRELESS*)
QCOM     4:00PM        44.90 +4.05     +9.91% 25,700,500 14,052,500      40.37      40.30      45.09    38.3100   107.8125        N/A
NOK      4:02PM        18.98 +1.98    +11.65% 20,831,800 13,513,045      17.35      17.33         19    12.7000    53.7500      23.61
MOT      4:01PM        16.91 +0.19     +1.14% 16,758,300 10,836,409         16      15.90      17.04    10.5000    27.3750        N/A
PCS      4:03PM        28.48 +0.71     +2.56% 11,272,200  9,208,090      27.80      27.65      28.50    15.7200    39.1875        N/A
TPC      4:03PM        36.50 +1.20     +3.40%    266,900    193,863      35.15      35.15      36.75    26.5625    52.7500        N/A
RIMM     3:59PM        14.94 -0.04     -0.27%  2,757,600  3,177,909         15      14.60      15.56    13.7000   132.6875        N/A
LWIN     4:00PM        15.04 +0.74     +5.17%    413,700    922,681      14.69      14.42      15.35    12.7000    57.0000        N/A
DISH     4:01PM        24.43 +0.98     +4.18%  4,347,600  2,878,181      23.98      23.73      24.48    19.4900    48.0000        N/A
PROX     3:59PM         7.82 +0.12     +1.56%    514,800    779,863          8       7.70       8.75     5.6250    68.5000        N/A
*NETWRK_HW* No such ticker symbol. Try Symbol Lookup (Look up: *NETWRK_HW*)
A        4:01PM        21.94 +1.16     +5.58%  1,461,100  1,726,181      20.55      20.50      21.98    18.0000    68.0000      21.87
SUNW     4:00PM         9.09 +0.02     +0.22% 47,416,900 45,496,500       9.02       8.81       9.31     7.5200    61.0000      31.28
CSCO     4:01PM        15.15 +0.56     +3.84% 64,780,500 65,470,680      14.57     14.359      15.20    11.0400    59.4375        N/A
NT       4:00PM         5.48 +0.22     +4.18%  9,760,500 13,478,090       5.21       5.21       5.55     4.7600    70.0000        N/A
LU       4:01PM         6.45 +0.15     +2.38% 15,441,600 24,836,318       6.20       6.17       6.49     5.0000    33.9375        N/A
JNPR     4:00PM           15 +0.15     +1.01% 17,365,700 13,123,772      15.01      14.51      15.79     8.9000   244.5000      36.67
EXTR     4:00PM        10.25 +1.25    +13.89%  4,508,200  5,004,045          9       8.81      10.30     5.8500   128.8750        N/A
CIEN     4:01PM        12.48 +1.02     +8.90% 14,760,100 16,793,636      11.42      11.14      12.75     9.2000   151.0000     102.32
GLW      4:01PM         7.54 +0.53     +7.56%  9,198,000  7,540,772       7.05       6.92       7.55     6.9800   107.0000        N/A
JDSU     4:01PM         7.49 +0.86    +12.97% 39,775,400 26,154,408       6.62       6.50       7.52     5.1200   104.5625        N/A
ONIS     4:01PM         6.06 +0.71    +13.27%  5,185,200  5,676,227       5.35       5.20       6.10     3.5000    82.5000        N/A
AFCI     4:01PM        19.22 +1.86    +10.71%  1,985,900  2,034,681      17.36      17.36      19.30    11.8750    38.7500       7.34
DIGL     3:59PM         5.80 +0.14     +2.47%    606,600  1,549,272       5.58       5.50       5.90     4.9000    73.1250       4.21
NUFO     3:58PM        3.539 +0.339    +10.59%    509,600    889,636       3.30       3.26       3.58     2.1000    91.4375        N/A
EXFO     4:00PM         9.01 -0.12     -1.31%    284,900    183,590      8.065       8.06       9.42     7.0000    51.5000        N/A
SCMR     4:00PM         4.28 +0.08     +1.90%  1,808,500  2,068,772       4.22       4.13       4.49     3.0000    95.0000        N/A
CORV     3:59PM         1.88 +0.28    +17.50%  3,213,900  3,403,772       1.55       1.52       1.89     1.1900    71.7500        N/A
MRVC     3:59PM         3.68 +0.9198    +33.32%  2,303,700  1,074,727       3.01          3       3.72     2.2500    52.0625        N/A
AVCI     3:59PM         2.27 -0.11     -4.62%    674,900  1,040,045       2.50       2.12       2.50     1.1000    91.6250        N/A
RBAK     4:00PM         1.64 +0.11     +7.19%  7,436,200  3,334,772       1.48       1.44       1.69     1.1700   144.2500        N/A
AVNX     3:59PM         3.58 +0.40    +12.58%    759,400    750,772       3.13       3.12       3.83     2.7000   131.0000        N/A
NEWP     4:01PM        15.20 +0.69     +4.76%    769,700  1,404,772      14.51      14.25      15.33    11.9100   173.0000      15.77
EMC      4:01PM        12.26 -0.49     -3.84% 31,572,700 20,236,180      12.55      11.87      12.90    10.0100   100.8750      18.61
BRCD     4:01PM        19.02 +0.23     +1.22% 17,050,000 13,256,681      18.98      17.78      19.65    12.6000   133.7188      55.26
EMLX     4:00PM        17.13 +0.79     +4.83%  8,220,300  4,792,000      16.35      15.80      17.25     8.4000   109.7500        N/A
NTAP     4:01PM         9.24 -0.17     -1.81%  8,462,700  7,669,272       9.31       8.88      9.601     6.0000   152.7500      47.53
MCDT     4:00PM        12.80 0.00      0.00%    797,300        N/A      12.63      12.10      13.69     7.0400   132.5000      46.55
STOR     4:00PM         4.96 +0.30     +6.44%  4,157,300  2,766,409       4.66       4.60       5.08     3.6500    86.6875        N/A
TLAB     4:00PM        13.03 +0.67     +5.42%  5,768,700  6,057,636      12.37      12.30      13.35     8.9800    68.5000      12.05
SFA      4:01PM        18.08 -0.12     -0.66%  2,410,000  2,914,909      17.40      17.00      18.75    15.7500    71.8750       9.15
CMVT     4:01PM        18.10 +0.50     +2.84%  6,862,500  6,735,909      17.25      16.95      18.65    16.6290   124.7500      12.48
ADCT     4:00PM         4.35 +0.71    +19.51% 11,912,200  8,341,909       3.64       3.61       4.47     2.6300    28.5000        N/A
GSPN     4:00PM        10.17 +0.29     +2.94%    850,200  1,646,545       9.94       9.60      10.32     7.9000   120.5000        N/A
TLGD     4:00PM        27.05 +1.08     +4.16%    176,400    180,772      25.90      25.65      27.05    15.2500   138.5000      14.21
*NTWRKINFRSTRCR* No such ticker symbol. Try Symbol Lookup (Look up: *NTWRKINFRSTRCR*)
ALGX     4:00PM         4.12 +0.51    +14.13%  1,570,800  1,630,727       3.66       3.53       4.14     2.7400    41.2500        N/A
LVLT     4:00PM         2.35 +0.30    +14.63%  7,505,800  6,197,500       2.20       2.05       2.49     1.8900    71.0000        N/A
ILUM     3:59PM        42.59 +1.71     +4.18%    872,900    731,909      41.20      40.80      42.96    13.0625    45.3000      36.50
MTZ      4:04PM         4.75 +0.25     +5.56%    782,100    238,590       4.70       4.40       4.77     4.3000    35.7500       6.62
DY       4:02PM        12.09 +0.35     +2.98%    174,000    326,136      11.73      11.70      12.10    10.5000    49.3750       8.15
PWR      4:03PM        17.37 +0.89     +5.40%    369,500    513,590      16.48      16.48      17.44     9.9400    38.9375      12.58
ANDW     3:59PM        19.47 +1.52     +8.47%  1,177,100    821,136      18.01      17.76      19.52    13.1875    27.5000      22.16
WFII     4:00PM         5.76 +0.21     +3.78%    233,000    499,318       5.85       5.01       5.88     3.3125    66.0000        N/A
*NETWRK_SW* No such ticker symbol. Try Symbol Lookup (Look up: *NETWRK_SW*)
MUSE     4:00PM         9.09 +0.73     +8.73%  2,885,600  3,301,318       8.35       8.35      9.221     5.3000   108.3750      28.93
OPWV     4:01PM         6.91 -0.09     -1.29%  5,306,700  7,519,363       6.83       6.68       7.15     6.5000   115.7500        N/A
VRSN     4:00PM        46.64 +1.55     +3.44%  7,731,200  8,923,772      45.37      44.70     46.901    26.2500   196.7500        N/A
CHKP     4:01PM        26.98 +0.99     +3.81%  6,627,300  8,773,863      25.90      25.70      27.36    19.5600   118.5834      21.60
ISSX     4:01PM        16.83 +1.60    +10.51%    774,800  1,551,181      15.34      15.10      16.90     8.3500   102.9375      57.26
NETE     4:00PM        13.66 +1.45    +11.88%  1,357,500  1,581,363      12.10         12      13.91     7.9000    80.8750      39.13
RSAS     4:01PM         9.99 -0.21     -2.06%  1,868,300  1,276,863      10.24       9.65      10.50     9.9100    44.3334       3.86
SNWL     4:01PM        13.79 +0.75     +5.75%  1,268,600    728,500      13.05         13      14.20     8.5000    26.8750        N/A
*SEMI-CAPX* No such ticker symbol. Try Symbol Lookup (Look up: *SEMI-CAPX*)
AMAT     4:01PM        32.41 +1.26     +4.04% 18,943,000 16,073,545      30.26         30      32.47    26.5900    59.1000      17.98
KLAC     4:00PM        33.66 +0.74     +2.25% 10,548,100  8,148,409      32.48      31.67      33.73    25.5000    61.0000      17.60
NVLS     4:00PM        29.62 +1.85     +6.66%  8,095,700  7,533,818      27.02         27      29.85    24.9375    58.7000      14.13
TER      4:02PM        22.85 +1.47     +6.88%  2,031,300  1,913,272      21.38      21.02      23.00    18.4300    47.2100      10.33
LRCX     4:00PM        17.85 +1.21     +7.27%  7,594,200  2,676,954      16.61      16.45      17.90    13.0000    33.7600      19.65
CCMP     4:00PM        51.32 +2.82     +5.81%  1,123,400  1,336,909      48.36      47.20      51.94    35.5000   100.1250      26.16
CMOS     4:01PM        11.32 +0.02     +0.18%  1,493,400  1,017,727      11.26      11.07      11.50    10.9500    30.8750        N/A
BRKS     4:01PM        32.72 +1.90     +6.16%    138,800    568,590      30.76      30.19      32.80    19.8750    65.1328      38.52
COHR     4:00PM        29.95 +2.91    +10.76%    146,200    169,136      27.10         27         30    25.0000    53.7500       9.45
EMKR     4:00PM         9.83 +1.87    +23.49%  1,728,400    623,818       8.20       8.13       9.93     7.6700    55.3750        N/A
CREE     3:59PM        17.86 +1.21     +7.27%  1,145,300  1,378,772      16.56      16.54      17.91    12.2100    64.1250      45.00
VECO     3:59PM        28.35 +1.30     +4.81%    390,700    412,136      27.01      26.66      28.65    19.9000    89.5000      21.13
CYMI     4:00PM        16.66 +0.05     +0.30%    582,500    375,318      16.26      16.09      17.20    14.1500    36.0000       9.93
NANO     3:59PM        17.90 +0.89     +5.23%     32,900    109,318      16.90      16.90      17.90    10.6250    36.6600      17.36
*SEMI* No such ticker symbol. Try Symbol Lookup (Look up: *SEMI*)
INTC     4:00PM        23.06 +1.61     +7.51% 52,544,400 47,076,952      21.43      21.37      23.20    18.9600    47.8750      27.50
AMD      4:02PM         9.59 +0.73     +8.24%  5,301,500  7,133,954       8.99       8.75       9.59     7.6900    34.6500       4.01
BRCM     4:01PM        26.70 +0.94     +3.65% 16,055,600 10,830,409      24.73      24.40      26.86    18.4000   256.1875        N/A
AMCC     4:00PM         9.64 +0.87     +9.92%  8,998,400 12,122,045       8.79       8.52       9.87     6.0105   109.2500        N/A
PMCS     4:00PM        13.95 +1.50    +12.05%  9,410,200  9,808,318      12.35      12.27      14.04     9.3700   211.2500        N/A
VTSS     4:00PM         9.17 +0.88    +10.62%  3,454,300  5,336,727       8.25       8.09       9.20     6.6500    92.5000        N/A
TXCC     4:01PM         3.58 +0.36    +11.18%  1,602,400  1,921,090       3.58     3.2999       3.62     2.1500    74.6875      14.77
XLNX     4:00PM        29.35 +2.85    +10.75%  8,024,500  7,138,000      26.44      26.40      29.35    19.5200    80.6250        N/A
ALTR     4:01PM        20.93 +1.74     +9.07%  7,012,000  7,800,181      19.17      19.02      21.06    14.6600    43.8750      14.18
LSCC     4:01PM        18.59 +1.47     +8.59%  1,237,100  1,607,590      17.15      17.05      18.65    14.0400    29.6500      36.90
TXN      4:02PM        28.55 +1.74     +6.49%  7,683,800 10,080,272      27.00      26.81      28.73    20.1000    54.6875      35.00
ADI      4:02PM        39.44 +2.87     +7.85%  4,498,200  3,358,772      36.32      36.30      39.44    29.0000    86.0000      26.25
ISIL     3:59PM        35.30 +3.85    +12.24%  1,782,700  1,636,909      31.60      31.59      35.40    13.5625    58.0625      54.22
DSPG     4:01PM        22.70 +0.79     +3.61%    250,500    256,636      21.76      21.76      22.90    13.5000    37.0000      21.74
STM      4:02PM        26.96 +2.16     +8.71%  1,952,600  1,481,500      25.38      25.30      27.00    17.8900    52.3750      21.93
QLGC     4:00PM        27.98 +0.79     +2.91% 12,299,200  7,580,772      27.14      26.05      28.39    17.2100   130.2500      37.76
LLTC     4:00PM        38.39 +2.70     +7.57%  4,331,500  5,068,181      35.84      35.69      38.55    29.4500    68.0625      27.67
MXIM     4:00PM        42.61 +3.24     +8.23%  5,615,300  5,262,409      39.39      39.30      42.71    32.2000    82.2500      42.33
ELNT     4:00PM        26.44 +1.08     +4.26%  1,064,800    512,181         25      24.99      27.35    17.5000   123.0000      27.57
NSM      4:02PM        25.65 +2.02     +8.55%  2,016,400  2,406,727      23.45      23.45      25.82    17.1250    37.5000      93.03
RFMD     4:01PM        20.65 +3.27    +18.81% 18,843,600  9,550,454      17.80      17.70         21     8.7500    37.5000        N/A
AHAA     4:00PM        22.84 +4.00    +21.23%  6,218,300  2,009,681      19.49      18.56      23.16    13.0625    55.3750      39.25
TQNT     4:01PM        16.28 -0.87     -5.07%  7,992,000  3,373,409      16.31      15.81     16.749    10.2500    61.5625      24.86
MCRL     4:01PM        23.19 +1.43     +6.57%    501,000    854,500      21.87      21.52      23.25    17.1000    60.3125      40.30
MU       4:01PM        21.23 +1.23     +6.15%  5,262,700  7,614,818      19.75      19.50      21.50    16.3900    49.6100        N/A
RMBS     3:59PM         8.39 +0.32     +3.97%  1,245,600  2,620,954       8.09       8.01       8.45     4.8600    79.6250      10.22
IDTI     4:00PM        24.92 +1.64     +7.04%  1,856,400  2,194,818      23.11      23.11      24.97    17.1600    90.2500       7.80
LSI      4:01PM        14.19 +1.56    +12.35%  6,053,300  3,721,545      12.71      12.51      14.30     9.7800    33.0000        N/A
NVDA     4:01PM        34.25 +2.07     +6.43%  8,075,200  5,999,772      31.61      31.40      34.50    13.7500    50.0000      44.54
ARMHY    4:00PM        13.51 +0.91     +7.22%    792,300    488,954      13.15      13.02      13.75     8.3900    33.5000      91.97
*SW*   No such ticker symbol. Try Symbol Lookup (Look up: *SW*)
MSFT     4:01PM        55.51 +0.95     +1.74% 43,185,000 33,710,500      53.60         53      55.75    40.2500    76.1500      39.25
ORCL     4:01PM        14.29 +0.59     +4.31% 38,833,200 39,383,408      13.50      13.38      14.45    10.1600    37.0000      30.44
SEBL     4:00PM        18.68 +1.01     +5.72% 14,148,800 14,675,045      17.64      17.30      19.02    12.2400   119.8750      30.15
VRTS     4:00PM        25.12 +0.17     +0.68% 11,689,500 14,087,863      24.73      24.17      25.80    17.3000   166.8750        N/A
MERQ     4:00PM           27 +1.23     +4.77%  5,168,000  4,526,000      25.69      25.52      27.39    18.0000   148.5000      34.64
ITWO     4:01PM         5.97 +0.97    +19.40% 26,185,600 11,515,863       5.03       4.75          6     2.9800    96.1250        N/A
PSFT     4:00PM        25.61 +1.32     +5.43%  7,812,100  9,464,545      23.85      23.83      25.90    15.7800    53.8750      38.49
RATL     4:00PM        14.05 +2.62    +22.92%  8,591,200  3,305,500      11.59      11.59      14.10     7.5100    66.2500        N/A
BMC      4:01PM        14.74 +0.49     +3.44%    960,600  1,932,636      14.15      14.01      14.79    11.5000    33.0000        N/A
CA       4:01PM        29.02 +1.22     +4.39%  2,619,600  2,029,318      27.80      27.56      29.20    18.1250    39.0300        N/A
CTXS     4:01PM        23.29 +0.46     +2.01%  4,765,000  4,955,681      22.75      22.65      23.80    15.8125    37.1875      47.27
ADBE     4:01PM        29.29 +0.46     +1.60%  2,651,500  4,238,181      28.80      28.40      30.15    22.2000    87.3125      29.27
ERTS     4:00PM        51.99 +0.98     +1.92%  3,700,200  2,771,818      51.05      50.25      52.05    31.0000    63.7500        N/A
*NET*  No such ticker symbol. Try Symbol Lookup (Look up: *NET*)
EBAY     4:00PM        56.88 +2.49     +4.58%  6,780,100  7,070,227      53.72      53.33      57.06    26.7500    71.2990     180.10
TMPW     4:00PM        32.17 +1.16     +3.74%  5,866,400  2,752,272      30.73      29.56      32.25    25.2100    75.4375      54.40
AOL      5:01PM        32.34 +0.34     +1.06% 15,327,000 15,874,409      32.00      31.75      32.60    27.4000    58.6000      60.84
YHOO     4:00PM        10.93 +0.77     +7.58% 13,967,600  8,295,954      10.08      10.01      11.25     8.0200    88.7500        N/A
RETK     4:01PM        17.51 +1.81    +11.53%    998,300  1,109,727      15.66      15.60      17.81    11.4500    48.0000        N/A
GMST     4:00PM        18.90 +0.74     +4.07%  4,697,900  4,126,772      18.45      18.03      19.18    16.0500    83.3750        N/A
CTSH     3:59PM           21 +0.70     +3.45%    170,000    112,272     20.515     19.132      22.09    17.7000    53.7500      19.10
NNDS     3:38PM        23.21 +1.06     +4.79%     58,900     53,636      22.11      22.10      23.50    17.3000    81.0000      65.92
INTU     4:00PM        36.22 -0.13     -0.36%  5,298,100  2,595,181      36.30      35.95      37.08    22.6250    69.3125        N/A
QSFT     3:59PM        15.79 +0.82     +5.48%    771,700  1,319,090      15.01      14.83      16.77     9.7000    61.6250        N/A
CKFR     4:01PM        20.19 +2.33    +13.05%  1,276,500    693,409      17.66      17.66      20.76    14.5500    62.5000        N/A
HOMS     4:00PM            6 +0.38     +6.76%  1,064,100  2,227,272       5.61       5.45       6.09     4.7600    43.0000        N/A
SRNA     4:00PM        13.12 +1.12     +9.33%    253,400    640,318      11.98      11.98      13.16     5.4688    58.3125      21.20
TLRK     3:59PM        19.93 +0.28     +1.42%    102,400    137,000      19.53      18.95      19.93    15.9500    35.1250        N/A
NTIQ     3:59PM        30.60 +0.90     +3.03%  1,448,400  1,014,000      29.64      29.39      31.40    13.5000   111.5000        N/A
DMRC     3:57PM        11.87 -0.10     -0.84%    142,600     88,363      11.65      11.51      12.05     9.0000    28.2000        N/A
SMMX     3:59PM        16.34 +1.21     +8.00%    188,000    131,727      15.01      15.01      16.49    11.6600    50.4375    1891.25
DGIN     4:00PM        11.95 +2.00    +20.10%    962,600    235,454      10.01         10      12.34     6.9375    33.0000        N/A
MACR     4:01PM        14.07 +0.35     +2.55%    518,000    574,909      13.75      13.46      14.15    11.3000    85.2500        N/A
GOTO   Ticker symbol has changed to: OVER
WEBM     4:00PM         8.82 +0.39     +4.63%    526,600  1,510,909       8.43       8.22       8.82     6.1300   103.2500        N/A
VRTY     4:00PM        10.62 +0.81     +8.26%    219,900    481,545       9.75       9.71      10.80     7.0000    32.7500      15.07
*ECM*  No such ticker symbol. Try Symbol Lookup (Look up: *ECM*)
SANM     4:00PM        15.79 +1.03     +6.98%  7,980,300  8,120,681      14.68      14.47      15.95    11.6400    60.5000      16.45
JBL      4:02PM        21.05 +1.85     +9.64%  3,054,700  2,161,590      19.05     18.901      21.05    14.0000    60.0000      32.54
FLEX     4:00PM        21.40 +2.21    +11.52%  7,221,200  7,735,454      19.22      19.06      21.45    12.3750    43.0000        N/A
SLR      4:01PM        12.92 +0.78     +6.43%  5,732,900  5,939,409      12.00      11.85      13.08     9.9100    52.6250        N/A
SCI      4:00PM        21.30 +1.31     +6.55%  1,365,900  1,445,227      19.90      19.66      21.40    15.5300    47.0000      29.40
*DRUG* No such ticker symbol. Try Symbol Lookup (Look up: *DRUG*)
IDPH     4:00PM        50.07 -0.26     -0.52%  8,636,500  3,601,409      49.42     48.481      50.61    32.6250    77.6451     100.66
PDLI     4:00PM        27.48 +2.02     +7.93%  2,830,300  1,988,954     26.151      25.40      27.57    16.2500    73.1250     536.00
GILD     4:00PM        62.80 +3.94     +6.69%  4,212,900  1,944,863      59.30      58.90      63.25    24.8750    63.4900        N/A
SEPR     4:00PM        40.74 +1.64     +4.19%  1,684,900    775,636      38.85      38.75      40.95    23.4500   121.7500        N/A
IVGN     4:00PM        69.25 +1.75     +2.59%    479,800    965,590      67.45      66.77      70.50    38.5000    87.4375        N/A
AFFX     4:00PM        16.82 +0.62     +3.83%  1,188,900  1,017,636      16.23      15.58      16.83    13.9800    92.0000        N/A
HGSI     4:00PM        34.97 +3.05     +9.56%  2,340,200  2,867,545      32.15      31.66         35    26.4100   106.8594        N/A
AMGN     4:01PM        58.98 +1.56     +2.72%  6,330,700  8,143,636      57.45      57.22      59.98    45.4375    75.0625      51.73
VRTX     4:00PM        19.90 +1.93    +10.74%    469,600  1,061,500      17.98      17.95      19.91    15.5000    99.2500        N/A
MLNM     4:00PM        21.20 +1.57     +8.00%  2,497,900  2,870,045      19.53      19.48      21.25    15.6300    89.8125        N/A
BGEN     4:00PM        54.21 +1.16     +2.19%  4,623,700  2,928,772      53.02      52.45      54.26    47.1250    75.0000      28.55
MEDI     4:00PM        37.14 +2.15     +6.14%  2,909,100  2,694,500      34.76      34.75      37.50    27.6250    72.6250      48.73
*MISC* No such ticker symbol. Try Symbol Lookup (Look up: *MISC*)
DELL     4:01PM        23.22 +0.57     +2.52% 21,808,800 27,261,772      22.44      22.11      23.40    16.0100    33.0625      41.18
AAPL     4:00PM        16.82 +0.82     +5.12%  5,497,100  5,639,545      16.10      15.95      16.85    13.6250    27.1200      93.57
PLCM     4:01PM        32.93 +1.37     +4.34%  3,742,000  1,871,363      31.48      30.92      33.22    10.7500    72.2500      54.89
PLXS     4:00PM           27 +1.80     +7.14%    624,100    662,636      25.19      24.69         27    19.9375    78.3750      23.82
OPMR     3:59PM        20.75 +0.35     +1.72%    691,300    886,000      20.44      20.16      21.60    17.6400    53.5500        N/A
IART     3:58PM        28.66 +1.18     +4.29%    419,600    434,272     27.335     27.335      29.38     9.8750    32.1500        N/A
TUTR     3:59PM        26.57 +0.08     +0.30%     55,500    183,136      26.48      26.20      27.10    12.0625    36.4000      40.32
MDCI     4:00PM           20 +0.93     +4.88%    228,700    313,000      19.20      18.21      20.50     3.0000    21.3000      38.92



To: Clint E. who wrote (34516)10/10/2001 11:39:13 PM
From: Clint E.  Respond to of 68614
 
Tech shares surge in broad rally,,Nasdaq, Dow see best close since Sept. 10

By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 10:26 PM ET Oct. 10, 2001


NEW YORK (CBS.MW) -- An already ebullient stock market accelerated late in the session on Wednesday, giving the major averages their best finish since Sept. 10 in a broad rally marked by tech sector strength.

Chip, networking and software shares propelled the advance, while the broader market's big winners included the oil service, retail, and financial sectors.

Natural gas, biotech, transportation and cyclical segments also rolled up gains, with gold stocks the only decliners. Check market stats and latest sector performance.

The Dow Jones Industrial Average ($INDU: news, chart, profile) rallied 188.42 points, or 2.1 percent, to 9,240.86. On the day before last month's attacks, the storied average closed at 9,605.50.

The Nasdaq Composite ($COMPQ: news, chart, profile) ended right at session highs, rose 56.07 points, or 3.6 percent, to 1,626.26 vs. 1,695.38 on Sept. 10. The Nasdaq 100 Index ($NDX: news, chart, profile) jumped 60.12 points, or 4.8 percent, to 1,304.68.
team.

Charles Comer, technical strategist at IDEAglobal, said investors are willing to look beyond the dismal earnings reality toward the second half of 2002, when the fiscal stimulus announced by the government is expected to yield results.

Given the possibility of future terrorist attacks and certainty that the upcoming earnings season will be horrendous, Comer said he's truly impressed by the market's resilience. Breadth had been positive and he points to expanding volume on rallies, both very good signs.

"I don't think we need to retest the Sept. 21 lows. But we are overbought in the short term and an unexpected disappointment [or event] could knock this market off balance. It's still a fragile recovery," he continued.

Meanwhile, U.S.-led air strikes against Afghan targets moved into a fourth day and President George W. Bush unveiled a list of the 22 "most wanted" terrorists. See full story.

The Standard & Poor's 500 Index ($SPX: news, chart, profile) climbed 2.3 percent while the Russell 2000 Index ($RUT: news, chart, profile) of small-capitalization stocks sprinted 3.2 percent.

"Base-building" will be the market's keyword throughout the month of October, according to one market technician.

"The Dow has its most difficult resistance around the 9,500 level, with some minor resistance at 9,200. It could very well be setting up for an extended period of trading in the 8,500 to 9,500 range, which would keep investors guessing and frustrated. A breakout through 9,500 is what is needed to turn the chart from bottoming to bullish," said Robert Dickey of Dain Rauscher.

"For the Nasdaq, near-term resistance is 1,650, and a move into the gap above that level could see the trend extend to 2,000 -- where more meaningful long-term resistance lies. The Nasdaq may find a wider bottoming range than the Dow, but in each case, some further testing and base building is the order for the month of October," Dickey said.

Volume came in at 1.30 billion on the NYSE and at 1.86 billion on the Nasdaq Stock Market. Market breadth was decidedly positive, with advancers taking out decliners by 22 to 9 on the NYSE and by 24 to 12 on the Nasdaq.

Read After Hours for post-market trading activity.

Chips recover, even amid downgrades

Chip stocks sprinted as bellwethers Intel and Advanced Micro Devices checked in with meaty gains of 7.5 percent and 8.2 percent, respectively.

Motorola saw its shares advance 1.1 percent in volatile trade. The chip company (MOT: news, chart, profile) announced plans to slash another 7,000 jobs and warned that it would post a loss in the fourth quarter. The company registered late Tuesday a third-quarter loss from operations of 7 cents a share, in line with Wall Street's expectations. A bright spot was the company's handset unit, which was profitable and saw market share gains. See full story.

Equipment stocks traded mostly higher, even amid a sting of downgrades from J.P. Morgan H&Q. Analyst Scott Williamson lowered ratings on Applied Materials (AMAT: news, chart, profile), KLA-Tencor (KLAC: news, chart, profile), Novellus Systems (NVLS: news, chart, profile) and Varian Semiconductor (VSEA: news, chart, profile), which were cut to a "market perform" from a "long-term buy."

J.P. Morgan said a positive turn in fundamentals has been pushed to late 2002 and early 2003 due to reduced capital expenditures. Williamson feels that valuations are rich and remains cautious for the third quarter. He expects most companies to meet or slightly miss Wall Street's expectations but adds that KLA-Tencor will likely meet and potentially beat Wall Street's expectations. AMAT rose 4.0 percent, Novellus 6.7 percent, KLA-Tencor 2.2 percent whiel Varian shaved 0.4 percent.

Among the other equipment makers, Lam Research (LRCX: news, chart, profile) gained 7.3 percent even after telling investors late Tuesday that it would not meet its previously-projected targets for its fiscal second quarter due to a slump in consumer spending. Still, the equipment maker surpassed Wall Street's expectations for the fiscal first quarter. Read the story.

Other sector and specific movers

Microsoft (MSFT: news, chart, profile) added 1.7 percent after the stock -- a component of the Dow Industrials, S&P and Nasdaq -- fell 6 percent on Tuesday. That drop came after the Supreme Court denied Microsoft's request to hear an appeal of a unanimous appellate court ruling that found the software colossus illegally maintained its Windows operating system monopoly. See full story.

One sore spot for the tech group was the storage sector. A drop in shares of benchmark issue EMC (EMC: news, chart, profile) hut the group, though select stocks recovered late in the day. Dain Rauscher said it expects the storage kingpin to report results that won't meet Wall Street's current expectations.

In analyst actions, Goldman Sachs' Laura Conigliaro cut fourth-quarter and 2002 earnings estimates for Dow stock IBM (IBM: news, chart, profile), citing expectations for a continued slowdown in information technology spending. Big Blue's shares squeaked out a 0.1 percent gain after trading lower for most of the day.

In the Net sector, Yahoo (YHOO: news, chart, profile) was among the biggest gainers ahead of its earnings report, ending up 7.6 percent. Yahoo posted a third-quarter profit from operations of a penny a share, matching expectations. See full story.

Financial stocks ascended for another session, with Dow stock American Express (AXP: news, chart, profile) climbing 1.8 percent. A Federal Judge ruled Tuesday that Visa and MasterCard must allow member banks to issue competitors' cards, a move that's viewed as advantageous to AmEx. Lehman Brothers said American Express should ultimately be able to grow volume on its network and viewed the ruling a surprise.

In merger news, J.M. Smucker Co. (SJM: news, chart, profile) rallied over 20 percent after announcing it will pay about $1 billion in stock to purchase Procter & Gamble's Jif peanut butter and Crisco cooking oil brands. The added brands will enable Smucker to double its sales to $1.3 billion. Dow stock P&G (PG: news, chart, profile) gained 1.1 percent. See full story.

Paper issues staged a nice advance after Salomon Smith Barney upped its view on Boise Cascade (BCC: news, chart, profile) and Domtar (DTC: news, chart, profile) to a "buy" from "outperform." While SSB reduced its pulp price forecast for 2001, 2002 and 2003, the firm said the upgrades were dependant on recent share price declines. Boise Cascade climbed 3 percent and Domtar over 6 percent.

The retail sector saw smashing gains in the shares of home improvement companies. Home Depot (HD: news, chart, profile) tacked on over 6 percent following a positive note from Merrill Lynch. The brokerage group said it believes the company could benefit from a renewed focus on the home "as Americans travel less and devote less of their discretionary spending on non-retail related leisure activities."

Consumer stocks ($CMR: news, chart, profile) were underpinned by good news from Dial Corp. The company (DL: news, chart, profile) surged 14.3 percent after the company said it sees third-quarter results coming in at better-than-expected levels and added that it expects the positive trend to continue into the fourth quarter.

Insurance stocks gained traction and American International Group climbed over 4 percent. Still, the company (AIG: news, chart, profile) substantially raised its estimate for claims related to the World Trade Center disaster late Tuesday, saying it expects $800 million in claims, up from the $500 million that had been initially estimated. See related story.


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