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

To: Johnny Canuck who wrote (36307)	3/4/2002 9:43:49 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69982

08:34 ET FIBR Sorrento Networks names new CEO (2.54) Co names Phil Arneson as its new Chairman/CEO. Arneson, who previously served as company's COO, replaces Dr. Xin Cheng. 08:26 ET RNWK RealNetworks player to ship on Intel's newest boards (5.58) Announces agreement with Intel to distribute the RealOne Player on Intel's newest PC desktop boards. "The addition of RealOne Player to Intel's motherboards will allow both PC manufacturers and end-users to quickly install and use the single best multimedia application on the web." 08:24 ET Goldman Sachs sees tech spending bouncing along bottom Goldman Sachs' technology analysts believe tech spending is bouncing along the bottom with little visibility on near-term demand; says most incrementally positive datapoints carry asterisks such as inventory-related, consumer-related, or easier comparison. 08:22 ET Goldman Sachs downgrades Wireless sector In addition to their AWE downgrade (see 8:00 comment), Goldman Sachs also downgrades NXTL to MKT PERFORM from Recommended List and downgrades both NXTP and PCS to MKT PERFORM from Mkt Outperform; in addition to the firm's more negative industry outlook, they are also concerned specifically about NXTL's and NXTP's capital structures and debt burdens. 08:17 ET EMC EMC estimates cut by Goldman's Conigliaro (11.42) Goldman Sachs analyst Laura Conigliaro cuts estimates on EMC; now sees loss of $0.03 for FY02 from breakeven previously; cites constrained IT spending, intense competition and pricing; would avoid EMC going into Q1 earnings. 08:14 ET YHOO Yahoo! upgraded by CIBC (16.61) CIBC World Markets upgrades to BUY from Hold with a $21 target; believes company is past the mid-point in its turnaround and that its business outside of advertising is performing better than expected.