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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (62538)	3/30/2002 10:02:38 PM
From: StanX Long	Respond to of 70976

techs rise; Dow, bonds fall before long weekend host.wallstreetcity.com NEW YORK, March 28 (Reuters) - Technology stocks rose on Thursday on news the U.S. economy ended 2001 in better shape than previously thought, but blue chips fell ahead of the long weekend and the earnings season. Bonds weakened as investors took profits after the upbeat economic data stirred fears of higher interest rates. The dollar was mixed, while crude oil bubbled past $26 a barrel for the first time since Sept. 21 to a six-month peak. "People are focusing on the economic data which are definitely showing signs of improvement," said Keith Gertsen, head of Nasdaq trading at Deutsche Banc Alex. Brown. "The biggest issue is going to be, 'Will the economic data translate into earnings down to the specific company level?'" The economy grew at a 1.7 percent annual pace in the fourth quarter, faster than the 1.4 percent rate previously reported, as the nation recovered from the Sept. 11 attacks, according to the U.S. government. Evidence pointing to a firming economy mounted after a separate report showed U.S. consumer sentiment in March hit its highest level since December 2000. "Clearly, the economy is much stronger than people expected," said John Davidson, president and chief executive officer at PartnerRe Asset Management, which oversees $4 billion in assets. The blue-chip Dow Jones industrial average (.DJI) slipped 22.97 points, or 0.22 percent, to 10,403.94, after gaining more than 0.72 percent earlier. The broader Standard & Poor's 500 index (.SPX) rose 2.81 points, or 0.25 percent, to 1,147.39. The technology-packed Nasdaq Composite (.IXIC) climbed 18.62 points, or 1.02 percent, to 1,845.37, boosted by networking equipment giants like Cisco Systems Inc. (CSCO.O) and chip gear makers like Applied Materials Inc. (AMAT.O)

To: StanX Long who wrote (62538)	3/31/2002 1:57:56 PM
From: Gottfried	Read Replies (4) \| Respond to of 70976

Stan, there must be hundreds of web sites besides StockPickReport trying to peddle their own recs. Without knowing their criteria, 'outperform' or 'underperform' ratings don't mean much. If they base this on TA, then I'm better off doing my own TA. At least then I know the assumptions. 'nother topic: this AMAT/SOX chart shows that ratio weekly and it's near the high. stockcharts.com[w,a]wallyiay[pb20!f][vc60][iUb14!Uk14!Ul14!La12,26,9!Lf!Lc20]&pref=G Gottfried