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


To: Johnny Canuck who wrote (35777)1/4/2002 11:57:23 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 67671
 
11:35 ET Merrill Lynch on Internet/Video Games : Firm believes the Internet sector has hit bottom. The online ad market should bottom soon, which would help Yahoo (YHOO 18.99 -0.14). As for the video game stocks, Electronic Arts (ERTS 62.58 +1.60) and Activision (ATVI 26.81 +0.46) gained a lot of market share in the quarter. Firm expects ERTS to show strong upside to expectations while ATVI should show modest upside. THQ, Inc. (THQI 51.63 +2.04) should also show upside.