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 : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (36480)	1/2/2002 9:28:20 AM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 53068

U.S. Equity Preview: Sierra Wireless, Waste Management, Yahoo New York, Jan. 2 (Bloomberg) -- The following is a list of companies whose shares may fluctuate in U.S. markets Wednesday, Jan. 2. This preview includes news that broke after markets closed on Monday. Stock symbols are in parentheses after the company name. Most Likely to Move: AT&T Corp. (T): The long-distance phone carrier was raised to near-term ``buy'' from near-term ``neutral'' by analyst Adam Quinton at Merrill Lynch & Co. AT&T fell 4 cents to $18.14. Kmart Corp. (KM) fell as low as $4.70 in early Instinet trading. It closed at $5.46 on Monday. The discount retailer was cut to ``sell'' from ``hold'' by Prudential Securities Inc. analyst Wayne Hood. Microsoft Corp. (MSFT): Analysts and investors want the software company to use a portion of its $36 billion in cash and short-term securities to start paying shareholder dividends, the Wall Street Journal reported in its ``Heard on the Street'' column. Microsoft fell $1.62 to $66.25. Yahoo! Inc. (YHOO): The Internet search service's new Yahoo!Shopping network was ranked as the No. 2 online shopping destination on the Internet by Nielsen//NetRatings with more than 27 million unique visitors in November, Yahoo said in a release distributed by Business Wire. Officials couldn't immediately be reached for comment. Yahoo fell 56 cents to $17.74. Alcatel SA (ALA): The telecommunications-equipment maker has frozen plans for its $6 billion Skybridge satellite project that would provide Internet access via a constellation of 80 satellites, Les Echos reported, citing an unidentified company spokesman. Alcatel American depositary shares, each representing one share, fell 45 cents to $16.55. EBay Inc. (EBAY): The Internet auction site was cut to ``buy'' from ``strong buy'' by Robertson Stephens analyst Lauren Cooks Levitan. EBay fell $1.09 to $66.90. Ericsson AB (ERICY): The maker of phone-equipment probably reached its 2001 cash flow target after a spate of transactions in December, analysts said. Ericsson American depositary shares, each representing one series ``B'' share, fell 9 cents to $5.22. GlobespanVirata Inc. (GSPN) reached as high as $14.30 in early Nasdaq Stock Market trading. It closed at $12.95. The maker of chips used to deliver high-speed Internet connections on phone lines was raised to ``strong buy'' from ``buy'' by Needham & Co. analyst Paul Brandeis. KCS Energy Inc. (KCS): The oil and natural gas producer restated its first-quarter profit to $1.21 a share from 71 cents; its second-quarter profit to 48 cents from 51 cents; and its third- quarter profit to 22 cents from 26 cents, because of a change in the way it is accounting for derivatives, KCS said in a release distributed by PR Newswire. Company officials couldn't be reached to comment. KCS rose 8 cents to $3.12. Sapient Corp. (SAPE): The Internet consultant was cut to ``underperform'' from ``market perform'' by analyst Edward S. Caso Jr. at Wachovia Securities Inc. Sapient fell 8 cents to $7.72. Waste Management Inc. (WMI): The trash hauler was cut to ``buy'' from ``strong buy'' by analyst Alan Pavese at Credit Suisse First Boston Inc. Waste Management fell 47 cents to $31.91.