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To: Johnny Canuck who wrote (34822)	10/20/2001 12:24:27 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 67960

Harry: On following Zeev Hed it takes a while to understand some of his moves since part can be pure trader where he is in and out in 15 minutes and others he’s positioning for a solid run. He has basically called the NAS market since April 2000 and if you listened to him you could have avoided the major damage and participated in the rallies. Anyway here is part of his latest. Message 16532417 Message 16533039 A caution with the above two posts. Zeev readily admits he can make a mistake and when his indicators tell him to run for cover he lets the thread know. I bring this up since while he NOW thinks the rally can last a week or two it doesn’t mean tomorrow something changes, he will also change and adjust his TA forecast. J Fieb is also very technically knowledgeable in the storage area. He is an old ANCR poster, but don’t hold that against him <VBG>. He always has good insight on the qlgc call and here is a post in inrange (inrange licenses technology for its director switches from qlgc). Message 16531496 Message 16525273

To: Johnny Canuck who wrote (34822)	10/20/2001 12:29:48 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 67960

NAS PnF chart I'm using the 25 points since @ this level I don't think the 50pt is valid. This is only 1 TA read. Notice if you draw a line across the page there is resistance (earlier support) in the 1800 to 1825 area. The Bearish Resistance Line would be @ 1875 if we print a column of X's here. Until we take out this line NAZ is still in a downtrend. stockcharts.com

To: Johnny Canuck who wrote (34822)	10/20/2001 12:50:22 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 67960

Article on WCG and current state of long haul market: Message 16532628

To: Johnny Canuck who wrote (34822)	10/21/2001 1:49:40 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 67960

4. INTEL EARNINGS TUMBLE 77% Chipmaker Intel (INTC, $24, unch.) met third-quarter earnings expectations, posting a net income of $660 million, or 10 cents a share. The figure, which excluded 5 cents a share in acquisition-related costs, marked a 77% drop from the year-ago quarter, when Intel recorded profits of $2.9 billion, or 41 cents a share. The firm’s sales fell 25% versus the comparable quarter last year, from $8.7 billion to $6.6 billion. TODD’S TAKE: Given the state of the economy and PC sales, everyone knew Intel was in for a tough quarter. Nonetheless, we saw a few bright spots in both third-quarter results and the firm’s future outlook. First of all, although sales of computer, Wireless and communications chips all fell when compared with 3Q00 levels, sales across all categories increased from the second quarter. Intel’s price war with Advanced Micro Devices (AMD, $9, down 1), meanwhile, sent margins down to 46%, but the price cuts also helped Intel increase its market share by about 1% from the second quarter. And the good news is that the company’s margins have probably bottomed out here. Looking ahead, Intel surprised some with sales guidance for the typically strong fourth quarter in the $6.2-6.8 billion range. That is the same guidance it provided the last two quarters, and it’s a bit weaker than the average analyst estimate of $6.8 billion. With no one sure how consumers are going to react to global and economic events, we can’t blame Intel for the cautious numbers. Still, with Windows XP coming, strong Pentium 4 market penetration and the holiday shopping season on the horizon, we think Intel has set itself up for a nice little upside surprise in the fourth quarter. We expect the company to grow even stronger as we head into 2002.