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

To: Softechie who wrote (37643)	3/5/2002 4:35:06 PM
From: Softechie	Respond to of 99280

SAN Suckers will die!!! McDATA Reaction Prices vs 4 pm ET close -- Storage sector selling off in response to the warning by MCDTA. Sector peers EMLX -0.67, QLGC -1.20, BRCD -0.90 and NTAP -0.45 each lower in sympathy.

To: Softechie who wrote (37643)	3/5/2002 4:35:25 PM
From: DebtBomb	Respond to of 99280

san suckers, ;-O

To: Softechie who wrote (37643)	3/5/2002 4:37:21 PM
From: Israel	Respond to of 99280

EMLX getting killed AH on that news.. Just covered 5K shares $36.30 from $38.50 short this afternoon.. god I love EMLX (the stock that just keeps on giving), who says shorts cant make money in a 'cocaine' market ;) Israel

To: Softechie who wrote (37643)	3/5/2002 4:38:10 PM
From: Softechie	Respond to of 99280

IT budget ain't there!!! MCDT McDATA lowers Q1 guidance (15.93 -2.20) -- Update -- Co lowers their Q1 forecast to a loss of $0.02-$0.04 on revs of $73-$78 mln, vs prior guidance of $0.00-$0.02 on revs of $85-$95 mln. The co will hold a webcast today at 5:00 PM ET. The co cites the continuing cautious approach to IT storage and related infrastructure investment spending in the early months of 2002 as the reason for the revision.