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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (47924)4/10/2002 11:02:24 AM
From: wgh613  Respond to of 208838
 
10:58 ET Market Action
Investors returning to the biotech/pharma sector following 3 weeks of downside pressure on the group. IDPH (+6.5%) is providing leadership in the space, with MYGN (+8%), AMGN (+3.4%), and PDLI (+6.3%) also pulling out of recent funk (short-covering a contributing factor)... After continuing to demonstrate a weaker bias in early trading, semiconductor equipment makers have pushed off their lows, which has helped lift SOX (+0.6%) into positive territory... Homebuilders and telecom services being left out of rally. Of note to the downside in the latter group are WCOM (-7.6%), BRW (-6.7%), Q (-5.6%), T (-3.4%), PCS (-3.1%).