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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (6792)	5/7/2002 6:38:59 PM
From: Dave Gore	Read Replies (2) \| Respond to of 16631

Stephen, I know what you mean, but the cheaper stocks get, the more attractive they are if fundamentals don't worsen. SO far, with CSCO good report and a very good one from QLGC, things look OK. QLGC QLogic guides higher for June qtr (38.26 -3.74) -- Update -- On call, says it expects overall revenues in fiscal Q1 (Jun) to be up 3-8% on a sequential basis... That implies revenues in the range of $95.07-$99.68 mln (Multex consensus is $92.26 mln)... Separately, expects fiscal Q1 pro forma EPS of $0.20-0.24 (consensus $0.21)... QLGC +3.49 at 41.75