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: xcr600 who wrote (34737)	10/15/2001 9:12:50 AM
From: Clint E.	Read Replies (1) \| Respond to of 70664

The problem with ~20% gain the nasdaq and rise of ~20-50% in prices of certain stocks in just two weeks: 08:54 ET Cisco Systems (CSCO) 16.95: Needham downgrades to BUY from Strong Buy as stock hits firm's price target; says that recent run in share price and lack of earnings support from current business have radically altered the risk/reward profile. 07:36 ET Semiconductor Downgrades : JP Morgan downgrades ALTR, XLNX, AMCC, PMCS and VTSS to MKT PERFORM from LT Buy. Firm's channel checks indicate that order flow remains weak for Comm IC companies, visibility is still poor, and revenue decline is likely in the foreseeable future... does not see stabilization in the inventory situation until Q2 of next yr at the earliest... firm sees downside risk in sector stocks of as much as 30%.