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

To: Johnny Canuck who wrote (34746)	10/15/2001 3:47:41 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70715

14:43 ET Broadwing (BRW) 15.52 -0.60 (-3.7%): -- Update -- CIBC World Markets sees company using tomorrow morning's conference call to lower guidance; call begins at 9 am EST. [Harry: ADTN CC indicates flat to down T1 demand. It looks that revenue models of ILEC's are still relative weak.] 14:37 ET Oracle Corp (ORCL) 14.40 -0.54 (-3.6%): Speaking at company's Shareholder Meeting, Oracle CFO says he expects spending on software to pick up by the 2nd-half of 2002. 14:19 ET Rambus (RMBS) 11.18 +1.69: Stock running today; trading floor talk is that company will meet its numbers when it reports tomorrow, and that more detail on the Intel (INTC) follow-up licensing agreement will be made public at the developers' forum on Oct 22-23; aside from the dates of these events, the rest is speculation. [Harry: If it can stay above 10, it will start to attract institutional interest again.] 12:59 ET Sonus Networks (SONS) 4.01 +0.36 (+9.9%): Stock gains ground following announcement this morning that a Comverse Tech (CMVT) unit has successfully integrated its enhanced messaging services platform with Sonus' switches. Company also scheduled to give a presentation this afternoon at the VPNcon 2001 conference. Additionally, traders attributing some of advance to short-covering. 13:49 ET StorageNetworks (STOR) 6.83 +0.66 (+10.7%): Enters into a STORfusion services agreement with BellSouth. Company will provide its software as a scalable and secure operating infrastructure layer for the BellSouth Storage-Enabled Network.