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

To: Dave Gore who wrote (34747)	2/28/2002 11:29:44 AM
From: Sully-	Read Replies (1) \| Respond to of 99280

11:22 ET Emulex Intraday (EMLX) 31.50 -2.02: -- Technical -- Stock has been creamed over the last two days, dropping as much as 18% from high to low. Slide today, which has come amid heavy volume, has halted near support at its 200 day simple ma (30.6) with some interest developing on the buy side. Initial resistance is near 32 but sustained follow through beyond 32.40 is needed to help improve the very short term tone. First support is at 31.17 with a break arguing for fresh session lows. Next support is at an important chart barrier near 30.

To: Dave Gore who wrote (34747)	2/28/2002 12:23:48 PM
From: Johnny Canuck	Read Replies (2) \| Respond to of 99280

>>RFMD WATCH - looks promising and doing well on Telecom >>bill which should accelerate DSL and cable modem >>development. That is a definite stock to watch. >>CNXT and GSPN are lagging but should do will once the Naz >>gets confidence Be careful, RFMD makes amplifiers for wireless handsets and some wireless LAN products. It has no exposure to DSL or cable modems. It is impacted more by what QCOM and NOK have to say, the build out in China, 3G deployment in Japan, and demand in Korea.