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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: luther yow who wrote (18580)	1/4/2002 2:42:23 PM
From: Sully-	Respond to of 99280

14:38 ET AT&T (T) 18.42 -0.22 (-1.2%): Announces that it will take a pre-tax restructuring charge of approx $1 bln against its Q4 2001 results (as announced in October). The charge is primarily associated with employee-related separations within its Business, Consumer and Corporate units. 14:03 ET FleetBoston (FBF) 35.50 -0.40 (-1.1%): Salomon Smith Barney downgrades to OUTPERFORM from Buy. 14:02 ET US Airways (U) 7.00 +0.36 (+5.4%): Announces that Dec rev passenger miles declined 22% (down 26.9% for the qtr), while available seat miles decreased 18.9% (19.9% for qtr); Dec passenger load factor was 64.3% (63.2 for qtr). 13:59 ET Corning Inc (GLW) 9.91 +0.21 (+2.2%): Reuters reports that co will resume production of optical fiber at two North Carolina plants that starting the week of Jan. 21. However, spokesman Paul Rogoski said the resumption of production was not necessarily a sign that demand was picking up. "We still see flat growth, as far as we can tell, through 2002, but we have continued to work down our inventory." GLW shares are trading at their highs of the day; JDSU has also ticked up.