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


To: Johnny Canuck who wrote (35764)1/4/2002 4:16:18 AM
From: Johnny Canuck  Respond to of 69640
 
FreeMarkets (FMKT) 24.50 +0.38: Raymond James downgrades to BUY from Strong Buy following 77% rally in stk since late Nov. At 48x firm's 2003 operating EPS, believes the shares will have a difficult time working meaningfully higher in the near term.




[Harry: It looks like this stock is ignoring this downgrade. Stock up slightly.]

VeriSign (VRSN) 37.34 -0.72: One of the more visible laggards in a session that has been very kind to technology stocks. Talk on trading floors is that issue is being held back by a rumor that co might have trouble making its quarter.