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

To: Return to Sender who wrote (35874)	1/14/2002 2:27:54 PM
From: Johnny Canuck	Respond to of 69833

14:08 ET Sonus Networks (SONS) 5.72 +0.36 (+6.7%): -- Update -- Trading floors attributing rally in SONS shares to renewed talk of a Cisco bid for the company. This particular rumor has been rampant since early-Dec, sparked by Pacific Crest speculation that CSCO will need to make acquisitions to further penetrate the SP market. 13:42 ET Sonus Networks (SONS) 5.50 +0.14 (+2.6%): Issue sprints out to a fresh session high, on a surge in volume. 13:24 ET Video Game Earnings Preview : Banc of America Sec previews sector earnings. Firm believes ERTS (-2.2%) will likely exceed B of A's Q3 est. of $0.90 by at least 10 cents (consensus $0.89); sees ATVI (-2%) exceeding its $0.58 est by 2 cents (consensus $0.58); believes THQI (-4.2%) will meet consensus of $1.08. Until TTWO (-1.6%) reports and provides further clarity on its restatements, firm's estimates remain under review. 13:06 ET Network Appliance (NTAP) 20.18 -2.37 (-10.5%): -- Update -- Stock continues to experience heavy sell pressure following latest insider trading disclosures (see 10:30 comment). While several insiders sold stock in December, the sales attracting attention were those by CEO Daniel Warmenhoven (250,000 shares) and CFO Jeffry Allen (150,000 shares).