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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (7485)1/9/2002 10:54:44 AM
From: Mr. Stress  Read Replies (1) | Respond to of 26752
 
10:51 ET Broadcom (BRCM) 52.08 +2.84: At Morgan Stanley Internet, Software & Networking Conference, company says business enterprise networking market is still seing some slight workdown. As for cable modem market, there never has been a slowdown in subscriber growth. The problem has been too much inventory, however, the inventory glut has "essentially been eliminated."


10:44 ET Panera Bread (PNRA) 55.65 +1.22 (+2.2%): -- Technical -- Stock has broken out to a new all-time high early in the session. Look for initial resistance at today's intraday high of 56.41 followed by its short-term swing target of 57.00. On an intraday basis, look for dowside support in the area of 54.85/55.00.