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

To: ChrisJP who wrote (52408)	5/9/2002 4:38:40 PM
From: SusieQ1065	Respond to of 208838

Jim Brown 5/9/02, 4:07:12 PM The close at the lows of the day by the Nasdaq and SPX paint a negative picture for Friday. The big cap techs like MSFT, INTC, IBM led the drop despite some positive guidance from several non-tech issues. Cisco gave back some of yesterday's gains but still held near $15.75. There is simply no conviction either way and buyers watched the action patiently from the sidelines. Was it profit taking or a return to the pre-Cisco trend? Tomorrow morning will be the key.