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To: HH who wrote (9103)	2/5/2002 4:37:38 PM
From: Rob S.	Respond to of 11568

We know that the revenue side looks weak. I don't see how they could buck the trend seen everywhere else. I don't see how they can say many good things about the next quarter either. They could announce further moves to trim costs which would help. And they could help describe their relative competitive and cost structure position. If they say anything at all to convince the street that the worst will soon be behind them and that the rumors flying around are not true, then it should rebound from this panic selling. Technically it looks like it should bounce. the trouble is with TA is that the support level was established several years ago and a reaction to it now may not be that sharp . . it may have to build a base at this or an even lower level before investors who had bought or wished they had bought in 1994-1995 get warmed up to the idea of plunging in. So while I think it is increasingly likely to bounce, that doesn't mean it will bounce today, tomorrow or sometime next week. Seeing heavy volume come in at pivot points on my trading screen (probably similar program points that a lot of traders including many pros and institutional traders are looking at) tells me that there buying power is building up on the sidelines waiting to come in. This is where buyers can just wait for it to turn and short term traders can just stay glued to their screens waiting for the momentum to change decisively. When you get a pivot the surge can kick it up in just a few minutes. Very difficult to climb on for the initial gains unless you are right there with it or program trading.