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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (37417)6/25/2002 1:45:29 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70561
 
Closing June 24,2002

Dow 9,281.82 +28.03 (+0.30%)
Nasdaq 1,460.34 +19.38 (+1.34%)
S&P 500 992.57 +3.43 (+0.35%)
10-Yr Bond 4.844% +0.089
NYSE Volume 1,553,295,000
Nasdaq Volume 2,048,779,000

Day's Range
1,420.11 - 1,476.56

EQUITY OPTION
TOTAL EQUITY CALL VOLUME : 559169
TOTAL EQUITY PUT VOLUME : 371443
TOTAL VOLUME : 930612

EPC=0.66 Heavy options volume. A change in the
market sentiment is potentially underway. We need follow
through tomorrow to confirm.

COMPX sold down from the open at 1440. It was a steady
decline most of the day till 1:00PM EST and a low
of 1420. It rallied from there. There is no news
of note. It may just be traders covering shorts ahead
of the start of the Fed meeting.

*****************

The resulting 1.164 put/call ratio had the 21-day moving
average spike upward to 0.739. Friday's put/call ratio is
the highest single day reading since September and the 21-
day moving average has eclipsed the May high and at least
matched the March peak. The put/call volume demonstrated a
huge degree of fear in Friday's session, which the "fear
gauges" failed to confirm.


Consumer Products 7 +2.4% Edit Delete Compare
Days Short Less than 1.75 21 +2.4% Edit Delete Compare
BOP Divergence 12 +1.0% Edit Delete Compare
RETAIL 11 +0.2% Edit Delete Compare
DSL 9 +0.3% Edit Delete Compare
DWDM 20 +1.9% Edit Delete Compare
Low pSR Energy Stocks 12 -1.1% Edit Delete Compare
Carriers1 7 -2.3% Edit Delete Compare
Telecom Construction1 5 +2.1% Edit Delete Compare
networkers1 9 +5.9% Edit Delete Compare
Contract Manufacturers 6 +2.5% Edit Delete Compare
Telecom Equipment 19 +0.5% Edit Delete Compare
Tier 2, D-WDM 16 +1.0% Edit Delete Compare
Broadband Cable 1 8 -6.6% Edit Delete Compare
DOW 10 +0.3% Edit Delete Compare
Internet Security 20 -1.2% Edit Delete Compare
Biotechs 9 +2.7% Edit Delete Compare
CHIP EQUIPMENT 13 +3.5% Edit Delete Compare
CHIPS1 23 +2.8% Edit Delete Compare
Clint's Financials 40 +0.2% Edit Delete Compare
Genomics 9 +3.6% Edit Delete Compare
Incubators 8 +24.0% Edit Delete Compare
Internet Sector 14 -1.0% Edit Delete Compare
Flat Panel Displays 7 +4.2% Edit Delete Compare
E-Gaming stocks 8 +1.5% Edit Delete Compare
Drug Stocks 15 +0.3% Edit Delete Compare
RTS Biotechs 13 +2.2% Edit Delete Compare
Gigabit 23 +5.6% Edit Delete Compare
Oil Drilers - Deep Water 13 +1.0% Edit Delete Compare
Storage 9 -0.1% Edit Delete Compare
M.L. Picks 23 -0.3% Edit Delete Compare
HOLDERS 12 +0.6% Edit Delete Compare
4 Q's of cash 20 +3.6% Edit Delete Compare
Carriers 10 -0.9% Edit Delete Compare
Wireless 6 +0.8% Edit Delete Compare
Real Estate Related 7 -1.6% Edit Delete Compare

Volume sort

Symbol Last Trade Change (Mkt) Volume Bid Ask Avg Vol Day's Range 52-wk Range P/E
*COMPUTER* No such ticker symbol. Try Symbol Lookup (Look up: *COMPUTER*)
AAPL Jun 24 17.27 +0.09 +0.53% 7,715,900 17.25 17.55 5,636,772 16.70 - 17.73 14.68 - 26.17 28.23
DELL Jun 24 24.81 +0.94 +3.92% 33,286,800 24.92 24.95 20,571,590 23.09 - 25.40 16.01 - 30.52 54.17

GTW Jun 24 4.60 -0.07 -1.50% 1,071,400 N/A N/A 993,363 4.46 - 4.90 4.24 - 16.55 N/A
HPQ Jun 24 15.90 -0.48 -2.92% 12,290,300 N/A N/A 12,273,954 15.51 - 16.27 12.50 - 29.16 34.00
IBM Jun 24 69.70 +1.10 +1.60% 14,687,900 N/A N/A 8,860,000 67.25 - 71.49 68.19 - 126.39 17.25
LXK Jun 24 55.38 +0.31 +0.56% 1,951,400 N/A N/A 1,212,636 53.14 - 56.37 41.20 - 67.83 27.97
INTC Jun 24 19.33 +0.74 +3.95% 70,377,800 19.43 19.45 47,722,681 18.39 - 19.96 18.40 - 36.78 74.88

AMD Jun 24 8.70 +0.51 +6.34% 7,254,300 N/A N/A 5,395,045 7.95 - 8.70 7.69 - 30.20 N/A
SUNW Jun 24 5.48 -0.05 -0.91% 73,572,304 5.42 5.43 72,955,409 5.08 - 5.64 5.42 - 18.24 N/A
*E-GAMER* No such ticker symbol. Try Symbol Lookup (Look up: *E-GAMER*)
AKLM Jun 24 4.46 +0.38 +9.22% 1,616,500 4.40 4.62 1,438,636 4.09 - 4.59 2.08 - 6.25 15.52
ATVI Jun 24 28.06 -0.10 -0.36% 1,751,900 27.50 28.85 1,857,818 26.70 - 28.66 15.0733 - 35.10 31.89
EIDSY Jun 24 1.93 0.00 0.00% 2,600 0.75 4.12 14,409 1.93 - 2.05 1.65 - 4.30 N/A
THQI Jun 24 29.22 +0.51 +1.82% 1,559,300 29.20 29.60 1,097,545 27.39 - 29.84 24.40 - 43.40 26.94
ERTS Jun 24 61.64 -0.10 -0.16% 5,424,400 61.50 61.90 2,971,181 61.13 - 62.939 40.99 - 66.92 87.18
ITWO Jun 24 1.54 -0.03 -1.82% 7,484,800 1.54 1.63 5,772,863 1.51 - 1.69 1.56 - 20.29 N/A
NVDA Jun 24 23.08 +0.62 +2.74% 11,504,800 23.20 23.25 11,053,818 21.40 - 23.79 22.18 - 72.66 17.24
ATYT Jun 24 6.86 -0.39 -5.38% 2,739,100 6.88 7.00 1,531,136 6.46 - 7.259 5.58 - 15.65 N/A
TTWO Jun 24 18.01 +1.32 +7.84% 1,742,200 18.20 18.90 1,044,727 17.11 - 18.47 6.44 - 27.05 17.12
*FINANCIALS* No such ticker symbol. Try Symbol Lookup (Look up: *FINANCIALS*)
AXP Jun 24 37.10 -0.20 -0.54% 5,235,500 N/A N/A 4,744,454 35.85 - 37.73 24.20 - 44.91 35.67
BAC Jun 24 70.36 +0.10 +0.14% 7,236,500 N/A N/A 5,737,363 69.40 - 71.35 50.25 - 77.09 15.95
BK Jun 24 33.87 +0.20 +0.59% 3,573,300 N/A N/A 2,517,954 33.25 - 34.31 29.75 - 51.00 18.94
C Jun 24 39.59 -0.20 -0.50% 28,039,500 N/A N/A 12,769,363 38.52 - 40.15 34.51 - 53.73 14.24
LEH Jun 24 59.90 +0.63 +1.06% 3,378,200 N/A N/A 2,494,454 57.76 - 60.46 43.50 - 78.25 16.28
MWD Jun 24 42.40 +0.45 +1.07% 6,138,200 N/A N/A 5,150,772 40.04 - 43.00 35.75 - 65.30 14.57
ONE Jun 24 37.90 -0.20 -0.52% 4,466,400 N/A N/A 3,113,318 36.75 - 38.38 27.00 - 42.88 14.80
SCH Jun 24 11.67 +0.24 +2.10% 5,461,400 N/A N/A 4,527,954 10.99 - 12.00 8.13 - 19.00 233.40
LEH Jun 24 59.90 +0.63 +1.06% 3,378,200 N/A N/A 2,494,454 57.76 - 60.46 43.50 - 78.25 16.28
JPM Jun 24 33.18 +0.51 +1.55% 10,179,300 N/A N/A 7,640,772 31.65 - 33.90 26.70 - 46.35 47.86
*WIRELESS* No such ticker symbol. Try Symbol Lookup (Look up: *WIRELESS*)
QCOM Jun 24 26.80 +1.08 +4.13% 21,394,000 27.01 27.10 15,062,045 25.35 - 27.71 24.63 - 68.87 N/A
RFMD Jun 24 6.80 -0.05 -0.72% 6,443,100 6.80 6.89 6,706,545 6.59 - 7.07 6.50 - 32.53 N/A
NOK Jun 24 12.32 -0.22 -1.75% 12,571,600 N/A N/A 12,459,454 11.86 - 12.68 11.60 - 27.06 30.05
ERICY Jun 24 1.54 -0.02 -1.23% 14,495,300 1.54 1.55 15,728,772 1.29 - 1.57 1.59 - 6.24 N/A
PWAV Jun 24 7.55 0.00 0.00% 2,275,000 7.41 8.16 2,272,090 7.12 - 7.96 6.60 - 21.30 N/A
KOPN Jun 24 6.57 +0.04 +0.61% 869,300 6.44 6.75 626,727 6.02 - 6.63 6.20 - 19.05 N/A
TQNT Jun 24 6.15 -0.16 -2.54% 2,518,100 6.11 6.40 1,709,727 6 - 6.43 6.24 - 25.90 N/A
CMVT Jun 24 10.10 +0.19 +1.93% 3,385,500 9.96 10.68 3,363,636 9.79 - 10.27 9.37 - 59.4609 N/A
OPWV Jun 24 5.10 +0.47 +10.11% 2,152,600 4.99 5.04 2,333,909 4.50 - 5.14 4.62 - 35.20 N/A
DSPG Jun 24 18.44 +0.041 +0.22% 217,500 17.75 19.23 237,727 18.10 - 18.88 16.30 - 26.48 27.18
*TELECOM-EQUIP* No such ticker symbol. Try Symbol Lookup (Look up: *TELECOM-EQUIP*)
ADCT Jun 24 2.32 +0.44 +23.04% 14,062,500 2.24 2.30 5,362,000 1.91 - 2.38 1.85 - 7.22 N/A
ADTN Jun 24 19.44 -0.58 -2.90% 310,000 18.42 19.99 202,227 19.15 - 20.50 17.85 - 29.75 42.26
ALA Jun 24 8.69 +0.18 +2.12% 1,238,500 N/A N/A 1,051,545 8.23 - 8.88 8.50 - 21.51 N/A
AVCI Jun 24 1.19 -0.09 -7.09% 230,500 1.11 1.27 312,454 1.17 - 1.27 1.10 - 9.60 N/A
CIEN Jun 24 4.11 +0.21 +5.32% 13,852,800 4.13 4.16 9,433,136 3.78 - 4.24 3.78 - 43.15 N/A
CORV Jun 24 0.8125 -0.021 -2.56% 3,205,900 0.81 0.83 2,396,045 0.79 - 0.83 0.73 - 4.63 N/A
DIGL Jun 24 2.77 -0.01 -0.36% 200,000 2.71 2.92 271,227 2.60 - 2.94 2.35 - 38.50 N/A
DITC Jun 24 3.11 +0.19 +6.51% 44,200 2.66 3.60 187,181 2.80 - 3.33 2.38 - 7.70 N/A
DSPG Jun 24 18.44 +0.041 +0.22% 217,500 17.75 19.23 237,727 18.10 - 18.88 16.30 - 26.48 27.18
FIBR Jun 24 1.05 +0.009 +0.86% 215,600 0.92 1.10 187,227 0.87 - 1.09 0.61 - 12.94 N/A
LU Jun 24 2.28 0.00 0.00% 27,732,300 N/A N/A 29,070,772 2.10 - 2.44 2.28 - 8.75 N/A
MRVC Jun 24 1.24 +0.09 +7.83% 333,400 1.14 1.25 434,000 1.12 - 1.24 0.95 - 9.55 N/A
NT Jun 24 1.67 -0.18 -9.73% 26,902,600 N/A N/A 26,509,954 1.66 - 1.80 1.40 - 9.36 N/A
ONIS Jun 21 2.80 +0.10 +3.70% 600,000 2.71 2.98 1,045,181 2.65 - 2.849 2.65 - 28.96 N/A
RSTN Jun 24 2.66 -2.49 -99.60% 1,057,100 2.57 2.67 2,267,227 2.44 - 2.73 2.17 - 21.10 N/A
SONS Jun 24 1.60 +0.15 +10.71% 1,575,200 1.51 1.59 5,032,318 1.30 - 1.62 1.29 - 26.00 N/A
TELM Jun 24 1.09 +0.02 +1.89% 625,800 1.00 1.08 744,727 1.02 - 1.12 1.00 - 19.70 N/A
TLAB Jun 24 6.579 +0.42 +6.59% 6,388,200 6.55 6.68 4,436,227 6.23 - 6.59 6.03 - 19.50 N/A
SCMR Jun 24 3.56 +0.21 +6.21% 1,520,300 3.46 3.55 1,094,136 3.25 - 3.60 3.00 - 9.35 N/A
TXCC Jun 24 0.80 +0.05 +6.76% 1,346,800 0.76 0.83 1,586,136 0.73 - 0.82 0.61 - 11.10 N/A
*TELECOM-CONSTRUCT* No such ticker symbol. Try Symbol Lookup (Look up: *TELECOM-CONSTRUCT*)
DY Jun 24 12.62 +0.17 +1.37% 342,300 N/A N/A 233,045 12.12 - 12.91 10.52 - 23.57 15.97
MTZ Jun 24 7.62 +0.31 +4.24% 163,300 N/A N/A 113,681 7.20 - 7.75 3.98 - 15.42 N/A
UTSI Jun 24 19.14 +0.01 +0.05% 988,400 19.02 19.15 1,097,409 18.49 - 19.49 12.98 - 35.66 33.62
WFII Jun 24 4.82 -0.27 -5.78% 74,300 4.42 9.48 176,363 4.50 - 4.83 3.50 - 10.49 N/A
*CARRIERS* No such ticker symbol. Try Symbol Lookup (Look up: *CARRIERS*)
ATI Jun 24 16.37 +0.29 +1.80% 136,500 N/A N/A 252,590 N/A - 16.59 12.50 - 19.80 N/A
BLS Jun 24 29.90 -1.09 -3.52% 5,694,600 N/A N/A 4,133,545 28.87 - 30.79 28.52 - 42.95 19.93
WCOM Jun 24 0.91 -0.29 -23.77% 219,672,096 0.91 0.92 97,490,136 0.87 - 1.15 1.08 - 16.06 N/A
Q Jun 24 4.42 -0.17 -3.70% 10,461,400 N/A N/A 10,015,181 4.30 - 4.65 4.00 - 31.95 N/A
NXTL Jun 24 3.49 +0.341 +10.79% 19,355,800 3.51 3.53 16,704,727 3.07 - 3.59 3.13 - 18.40 N/A
T Jun 24 10.32 +0.52 +5.31% 32,214,800 N/A N/A 17,957,727 9.79 - 10.34 9.31 - 23.00 N/A
*NETWORKERS* No such ticker symbol. Try Symbol Lookup (Look up: *NETWORKERS*)
CSCO Jun 24 14.06 +0.39 +2.84% 93,273,000 14.13 14.14 65,116,454 13.24 - 14.36 11.04 - 21.92 94.20
JNPR Jun 24 6.81 +0.40 +6.16% 12,430,300 6.82 6.96 14,359,227 6.27 - 6.93 6.30 - 32.50 N/A
EXTR Jun 24 9.10 +1.08 +13.55% 4,394,700 9.00 9.18 3,790,545 7.73 - 9.21 5.85 - 32.07 N/A
FDRY Jun 24 6.609 +0.449 +7.48% 2,159,800 6.51 6.61 1,501,363 5.90 - 6.73 4.74 - 22.51 N/A
MRVL Jun 24 23.74 +2.30 +10.65% 3,241,400 23.72 24.00 3,332,681 21.34 - 24.05 12.51 - 46.24 N/A
LNOP Jun 24 6.35 +0.35 +5.83% 98,100 5.67 6.75 154,545 5.66 - 6.70 2.70 - 16.45 N/A
*CHIPS-EQUIP* No such ticker symbol. Try Symbol Lookup (Look up: *CHIPS-EQUIP*)
AMAT Jun 24 19.87 +1.29 +6.88% 33,476,200 20.01 20.08 25,656,681 18.41 - 20.20 13.295 - 27.95 2,005.00
ASYS Jun 24 5.27 +0.17 +3.33% 14,100 4.80 7.00 6,909 4.77 - 5.279 4.15 - 10.00 10.13
NVLS Jun 24 33.44 +1.66 +5.15% 11,952,600 33.61 33.80 8,816,318 31.79 - 34.04 25.37 - 57.51 75.31
LRCX Jun 24 18.34 +1.32 +7.65% 3,224,200 18.00 18.76 2,755,181 17.18 - 18.75 14.73 - 30.80 N/A
KLAC Jun 24 46.11 +2.83 +6.43% 17,706,100 46.41 46.50 12,397,363 43.488 - 47.192 28.61 - 70.58 30.63
KLIC Jun 24 11.53 +0.83 +7.55% 1,326,300 11.13 12.00 1,101,363 10.85 - 11.90 8.16 - 21.67 N/A
NVLS Jun 24 33.44 +1.66 +5.15% 11,952,600 33.61 33.80 8,816,318 31.79 - 34.04 25.37 - 57.51 75.31
SLAB Jun 24 25.27 +1.21 +4.98% 1,311,600 24.70 25.74 904,545 23.02 - 26.41 10.23 - 41.24 N/A
MU Jun 24 19.72 +0.93 +4.95% 9,003,300 N/A N/A 8,447,454 N/A - 20.40 16.39 - 44.99 N/A
TER Jun 24 24.87 +0.84 +3.50% 2,874,300 N/A N/A 2,929,727 23.59 - 25.35 18.43 - 40.20 N/A
VECO Jun 24 21.68 -1.33 -5.78% 1,558,600 20.75 21.77 578,227 21.50 - 23.01 19.90 - 41.85 N/A
*CHIPS* No such ticker symbol. Try Symbol Lookup (Look up: *CHIPS*)
AMCC Jun 24 4.92 +0.09 +1.89% 4,424,500 4.86 4.92 7,552,500 4.58 - 5.03 4.36 - 19.69 N/A
AMKR Jun 24 5.61 +0.55 +10.78% 2,917,400 5.61 5.65 1,485,227 5 - 6.05 4.80 - 24.79 N/A
BRCM Jun 24 20.24 +1.43 +7.52% 13,151,700 20.35 20.47 12,025,454 18.76 - 20.59 18.40 - 53.35 N/A
CREE Jun 24 12.25 +0.19 +1.58% 2,346,800 12.19 12.35 1,409,454 11.50 - 12.61 10.35 - 33.32 N/A
CCMP Jun 24 41.83 +1.88 +4.63% 1,245,600 41.60 42.59 1,379,409 39.75 - 42.99 38.21 - 87.46 30.57
EMKR Jun 24 4.78 +0.061 +1.29% 91,100 4.59 5.76 176,909 4.60 - 5.089 4.70 - 31.00 N/A
MSCC Jun 24 7.95 -5.04 -38.10% 6,105,600 7.90 8.54 671,272 7.51 - 9.65 12.06 - 40.10 22.75
PMCS Jun 24 10.62 +0.78 +7.75% 6,505,500 10.70 10.89 6,500,954 9.79 - 11.05 9.37 - 38.764 N/A
RMBS Jun 24 3.75 -0.16 -4.19% 1,051,600 3.66 3.75 852,590 3.44 - 3.79 3.23 - 12.50 17.43
VTSS Jun 24 2.99 +0.06 +2.09% 3,569,100 2.96 3.05 4,300,318 2.75 - 3.12 2.66 - 23.35 N/A
MCHP Jun 24 27.90 +1.79 +6.74% 4,617,900 27.75 28.46 3,074,454 26.286 - 28.35 15.90 - 33.99 63.02
ALTR Jun 24 14.45 +0.54 +3.87% 9,107,200 14.50 14.69 8,255,272 13.61 - 14.97 13.68 - 33.598 N/A
XLNX Jun 24 24.38 +0.68 +2.87% 15,043,700 24.49 24.50 10,087,727 23.21 - 25.244 19.52 - 47.159 N/A
*OPTICAL* No such ticker symbol. Try Symbol Lookup (Look up: *OPTICAL*)
AVNX Jun 24 1.83 +0.10 +5.85% 325,600 1.70 1.83 330,545 1.70 - 1.85 1.66 - 10.50 N/A
JDSU Jun 24 2.97 +0.13 +4.58% 25,520,200 2.95 3.02 20,529,545 2.64 - 3.091 2.50 - 13.60 N/A
NUFO Jun 24 2.99 -0.03 -0.99% 423,100 2.96 3.02 363,772 2.94 - 3.03 2.10 - 8.58 N/A
GLW Jun 24 3.75 -0.13 -3.35% 11,731,800 N/A N/A 6,698,409 3.57 - 3.87 3.73 - 17.08 N/A
NEWP Jun 24 15.52 +0.48 +3.17% 739,000 14.75 16.69 781,545 14.70 - 16.11 11.91 - 28.91 N/A
OCCF Jun 24 0.52 -0.04 -7.27% 124,100 0.45 0.54 220,000 0.48 - 0.55 0.41 - 10.43 N/A
*INTERNET* No such ticker symbol. Try Symbol Lookup (Look up: *INTERNET*)
AMZN Jun 24 17.51 0.00 0.00% 5,969,600 17.53 17.85 6,766,863 16.94 - 17.78 5.51 - 20.40 N/A
AOL Jun 24 15.50 +0.54 +3.59% 28,536,500 N/A N/A 22,861,954 14.58 - 15.86 15.01 - 53.84 N/A
DCLK Jun 24 6.21 +0.04 +0.64% 1,001,300 6.11 6.50 1,440,590 5.88 - 6.47 5.23 - 14.23 N/A
FMKT Jun 24 13.18 +0.67 +5.99% 2,445,200 12.86 14.00 1,284,090 11.60 - 13.19 8.90 - 29.09 N/A
FON Jun 24 11.05 -0.15 -1.34% 3,804,100 N/A N/A 4,374,409 10.61 - 11.10 10.00 - 24.60 N/A
MERQ Jun 24 24.90 -0.04 -0.16% 5,283,500 24.71 25.44 4,834,772 23.95 - 25.98 18.00 - 63.47 145.65
RNWK Jun 24 4.70 -1.11 -19.79% 2,270,200 4.56 4.99 894,500 4.48 - 5.59 3.26 - 12.63 N/A
YHOO Jun 24 15.08 -0.54 -3.49% 9,915,100 15.00 15.08 8,423,681 14.53 - 15.40 8.02 - 21.35 N/A
EBAY Jun 24 62.68 +3.65 +6.11% 10,123,500 62.71 62.95 5,735,590 59.302 - 63.72 40.48 - 72.74 154.63
PYPL Jun 24 20.32 +0.81 +4.15% 594,800 19.45 21.93 566,500 19.30 - 20.70 12.00 - 30.48 N/A
*SOFTWARE* No such ticker symbol. Try Symbol Lookup (Look up: *SOFTWARE*)
BEAS Jun 24 9.35 +0.29 +3.19% 15,180,500 9.32 9.35 9,979,863 8.62 - 9.70 8.30 - 33.60 N/A
MSFT Jun 24 54.16 +2.21 +4.23% 52,281,000 54.25 54.33 33,937,409 51.85 - 54.64 47.50 - 76.15 45.41
ITWO Jun 24 1.54 -0.03 -1.82% 7,484,800 1.54 1.63 5,772,863 1.51 - 1.69 1.56 - 20.29 N/A
DSPG Jun 24 18.44 +0.041 +0.22% 217,500 17.75 19.23 237,727 18.10 - 18.88 16.30 - 26.48 27.18
*STORAGE* No such ticker symbol. Try Symbol Lookup (Look up: *STORAGE*)
BRCD Jun 24 19.42 +0.36 +1.89% 18,550,300 19.55 19.62 15,996,318 17.88 - 19.81 12.60 - 45.10 N/A
EMC Jun 24 6.75 +0.51 +8.12% 15,175,800 N/A N/A 17,586,772 6.09 - 6.80 6.05 - 31.98 N/A
EMLX Ticker symbol has changed to: ELX
JNIC Jun 24 3.30 -0.1495 -4.33% 176,400 2.29 3.94 261,500 3.25 - 3.43 3.33 - 15.50 N/A
MCDT Jun 24 8.36 +0.25 +3.11% 831,500 8.35 8.44 N/A 7.80 - 8.688 6.00 - 34.68 N/A
NTAP Jun 24 12.60 +0.28 +2.30% 8,787,900 12.54 12.65 8,473,500 11.36 - 12.95 6.00 - 27.95 1,247.00
QLGC Jun 24 41.36 -1.07 -2.52% 19,763,600 41.39 41.60 9,864,318 39.46 - 42.44 17.21 - 66.16 55.97
VRTS Jun 24 19.42 -0.93 -4.54% 19,742,700 19.42 19.54 13,430,590 18.64 - 20.44 17.30 - 69.90 N/A
STOR Jun 24 1.24 -0.13 -9.49% 1,243,100 1.20 1.53 932,454 1.20 - 1.42 1.37 - 17.86 N/A
*CONSUMER* No such ticker symbol. Try Symbol Lookup (Look up: *CONSUMER*)
PALM Jun 24 1.67 +0.21 +14.58% 8,622,200 1.64 1.67 12,702,409 1.43 - 1.68 1.11 - 6.50 N/A
RIMM Jun 24 11.78 +0.42 +3.66% 3,198,800 11.83 11.90 2,430,181 10.60 - 11.80 11.29 - 33.50 N/A
GNSS Jun 24 8.3574 +0.34 +4.24% 2,423,000 8.28 8.44 3,275,863 7.75 - 8.84 7.59 - 74.90 11.30
ESST Jun 24 17.24 +0.34 +2.02% 4,437,000 17.18 17.23 2,783,045 16.80 - 17.75 5.89 - 25.99 26.43
DVID Jun 24 1.08 -0.57 -34.55% 47,700 1.09 1.23 40,090 0.98 - 1.79 1.50 - 6.99 N/A
BBY Jun 24 36.31 +0.27 +0.74% 5,195,100 N/A N/A 3,000,954 35.00 - 36.77 26.68 - 53.7466 20.33
ELBO Jun 24 30.69 -0.33 -1.07% 212,400 29.70 31.42 410,681 30.55 - 31 23.43 - 44.54 37.78
HLYW Jun 24 20.32 +0.45 +2.22% 645,900 20.15 20.70 800,090 20.206 - 20.60 6.50 - 20.88 8.88
MVSN Jun 24 12.46 +0.56 +4.72% 960,900 12.41 13.00 767,863 11.99 - 13.02 11.66 - 72.25 34.50
*CABLE* No such ticker symbol. Try Symbol Lookup (Look up: *CABLE*)
CCUR Jun 24 4.77 -0.04 -0.83% 743,600 4.70 4.88 1,592,909 4.51 - 4.979 4.31 - 17.68 N/A
GSPN Jun 24 3.43 +0.04 +1.16% 1,705,400 3.31 3.55 2,700,136 3.341 - 3.56 3.08 - 19.00 N/A
HLIT Jun 24 3.34 -0.26 -7.51% 1,517,000 3.34 3.72 1,138,863 3.20 - 3.42 3.21 - 17.30 N/A
TERN Jun 24 1.25 -0.03 -2.34% 1,631,700 0.89 1.42 1,379,909 1.10 - 1.29 0.86 - 14.75 N/A
*FLASH* No such ticker symbol. Try Symbol Lookup (Look up: *FLASH*)
SSTI Jun 24 8.08 -0.08 -0.98% 1,054,300 7.60 8.44 750,409 7.81 - 8.40 3.78 - 14.50 N/A
SNDK Jun 24 10.86 +1.34 +13.73% 1,965,200 10.65 11.00 1,379,909 9.60 - 11.09 8.61 - 27.94 N/A
FLSH Jun 24 7.89 +0.31 +4.09% 151,600 7.11 8.13 106,500 7.25 - 8.10 3.65 - 12.85 N/A

*CONTRACT-MAN* No such ticker symbol. Try Symbol Lookup (Look up: *CONTRACT-MAN*)
FLEX Jun 24 8.93 +0.603 +7.23% 11,950,000 8.85 8.92 10,390,136 8.22 - 9.04 7.94 - 29.99 N/A
JBL Jun 24 20.30 +0.01 +0.05% 2,285,600 N/A N/A 1,978,272 19.51 - 21.10 14.00 - 34.90 95.10
MWAV Jun 24 4.009 -0.04 -0.99% 9,300 0.01 5.47 14,227 3.55 - 4.009 3.60 - 8.16 8.72
SANM Jun 24 7 0.00 0.00% 10,671,300 6.91 7.25 8,002,772 6.65 - 7.11 6.56 - 25.65 N/A
SLR Jun 24 5.70 +0.11 +1.97% 5,618,600 N/A N/A 6,801,318 5.41 - 5.72 5.05 - 19.00 N/A
*SOFTWARE* No such ticker symbol. Try Symbol Lookup (Look up: *SOFTWARE*)
BEAS Jun 24 9.35 +0.29 +3.19% 15,180,500 9.32 9.35 9,979,863 8.62 - 9.70 8.30 - 33.60 N/A
SAP Jun 24 22.79 -0.07 -0.31% 1,770,500 N/A N/A 1,374,272 21.25 - 22.85 21.31 - 39.04 59.97
ORCL Jun 24 8.61 +0.448 +5.52% 59,579,000 8.57 8.62 46,240,954 7.93 - 8.77 7.251 - 20.02 21.97
MSFT Jun 24 54.16 +2.21 +4.23% 52,281,000 54.25 54.33 33,937,409 51.85 - 54.64 47.50 - 76.15 45.41
PSFT Jun 24 15.83 -1.01 -5.97% 17,997,900 15.63 16.08 8,874,954 15.54 - 16.97 15.78 - 51.00 25.66 </b.
ITWO Jun 24 1.54 -0.03 -1.82% 7,484,800 1.54 1.63 5,772,863 1.51 - 1.69 1.56 - 20.29 N/A
NET Jun 24 18.88 -0.07 -0.37% 1,589,600 N/A N/A 2,652,272 17.93 - 19.30 10.11 - 30.50 N/A
CHKP Jun 24 13.78 -0.51 -3.57% 9,063,300 13.30 13.85 7,538,863 13.30 - 14.08 14.10 - 54.24 11.69
SEBL Jun 24 13.99 +0.58 +4.31% 24,288,700 14.08 14.13 16,963,090 12.55 - 14.23 12.24 - 50.908 30.54
*BIOTECH* No such ticker symbol. Try Symbol Lookup (Look up: *BIOTECH*)
AMGN Jun 24 41.78 +1.48 +3.66% 19,155,500 41.87 41.93 12,839,954 39.88 - 42.99 36.731 - 69.00 39.19
BGEN Jun 24 41.16 -0.49 -1.22% 3,637,900 40.81 42.42 4,753,500 39.25 - 42.18 38.36 - 62.80 22.37
JNJ Jun 24 54.13 +1.13 +2.13% 10,291,000 N/A N/A 7,314,090 52.15 - 54.82 49.13 - 65.89 28.05
LLY Jun 24 57.93 -0.46 -0.79% 3,747,900 N/A N/A 3,405,863 56.42 - 58.949 57.65 - 84.30 23.94
MRK Jun 24 49.50 -0.48 -0.96% 13,450,800 N/A N/A 6,597,000 47.60 - 50.00 49.75 - 71.50 15.76
IMNX Jun 24 22.29 +1.68 +7.69% 7,163,300 21.75 22.58 5,403,772 21.45 - 22.90 13.85 - 31.45 14.10
PFE Jun 24 34.27 +0.24 +0.71% 18,184,900 N/A N/A 13,885,863 33.28 - 34.94 32.75 - 44.04 26.57
SGP Jun 24 23.45 +0.15 +0.64% 6,520,000 N/A N/A 7,187,818 22.80 - 23.95 23.05 - 40.00 17.37
WYE Jun 24 51.91 +0.31 +0.60% 4,184,200 N/A N/A 3,965,090 49.74 - 52.50 49.00 - 66.51 30.18
*ENTERTAINMENT* No such ticker symbol. Try Symbol Lookup (Look up: *ENTERTAINMENT*)
SBSA Jun 24 10.71 +0.05 +0.47% 254,900 9.97 11.26 233,454 10.45 - 10.80 4.95 - 17.34 N/A
DIS Jun 24 19.00 -0.25 -1.30% 14,050,000 N/A N/A 6,291,272 18.80 - 19.50 15.50 - 29.19 34.55
TMCS Jun 24 19.43 -0.72 -3.57% 1,475,400 18.50 19.59 981,045 18.90 - 20.17 9.06 - 30.00 N/A
*COMGOLOMERATES* No such ticker symbol. Try Symbol Lookup (Look up: *COMGOLOMERATES*)
UTX Jun 24 66.50 +0.75 +1.14% 3,693,200 N/A N/A 2,367,409 64 - 67.10 40.10 - 77.75 17.10
TYC Jun 24 14.30 +0.80 +5.84% 35,309,200 N/A N/A 34,450,045 13.50 - 14.95 8.25 - 60.09 5.35
AA Jun 24 30.80 +0.25 +0.82% 4,074,800 N/A N/A 3,286,272 30.41 - 31.22 27.36 - 42.00 38.02



To: Johnny Canuck who wrote (37417)6/26/2002 8:56:35 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70561
 
Where Will the WorldCom Damage End?

By Jim Seymour
Special to TheStreet.com
06/26/2002 07:59 AM EDT

The great majority of the flood of reader-mail that poured in late Tuesday was, unsurprisingly, about the WorldCom (WCOM:Nasdaq - news - commentary - research - analysis) debacle. Readers asked for tips on opportunities this may create, on speculative possibilities now in WorldCom, on dozens of topics. Like many of my colleagues, I've been up all night, working the phones, tapping the experience and advice of many of my contacts.

Some early answers:

Is there a speculative play in WorldCom now? I don't see how. What, exactly, would you be betting on? We still don't know -- and probably won't for some time to come -- the full extent of the fraud at WorldCom. Without getting a handle on how deep this goes, I wouldn't put a dime into a company I'm convinced is headed for the auction block.

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WorldCom Tells of Huge Fraud

Wherever WorldCom opens in the tornado Wednesday morning -- it closed Tuesday at 83 cents, down about 9% from Monday, and in aftermarket trading Tuesday night it slid down much further to around 20 cents -- I strongly advise staying away. If you hold WorldCom, don't act in haste -- after all, the remaining downside is limited -- and unless you have a cast-iron stomach, don't put out buy orders.

Beyond WorldCom itself, who else gets hurt, near term? The whole telecom industry and the markets themselves. While I expect to see the market trade off broadly Wednesday, the worst damage will come in some other big telcos, especially in telco suppliers that will now have even fewer sales opportunities. The Tellabs (TLAB:Nasdaq - news - commentary - research - analysis), Cienas (CIEN:Nasdaq - news - commentary - research - analysis), Sycamores (SCMR:Nasdaq - news - commentary - research - analysis), Junipers (JNPR:Nasdaq - news - commentary - research - analysis) and so on will wake up to find their markets even smaller, their remaining telco customers even more reluctant to spend.
WorldCom itself announced Tuesday night that it will cut fiscal year 2002 capital expenditure by more than half, from a planned $4.9 billion to $2.1 billion. That's just about enough to keep the network up and running; it includes essentially no increase in capacity or new-technology investments. (And don't be surprised to see WorldCom capex cut even further as the banks and bondholders crack down.)

Longer term? Despite some early cheerleading for how this disaster could help WorldCom's biggest competitors, it will take a while to see who's really in a position to capitalize on this collapse. Certainly big carriers such as AT&T (T:NYSE - news - commentary - research - analysis) and Sprint (FON:NYSE - news - commentary - research - analysis) had strategic teams working all night Tuesday, drawing up lists of big WorldCom customers they want to go after.
But WorldCom is going to work hard to hold onto those customers now; it needs the revenue if it has any hope of surviving. So we'll see all sorts of price-cutting and guarantees from WorldCom to keep customers onboard. Yes, its competitors are lusting after its biggest accounts, but will probably snag few in the short term. Longer term, AT&T is probably the likely winner.

Is there an opportunity here for smaller carriers? Probably not much: Very few other companies have the international expertise and contacts in place to replace WorldCom. Because every large customer already had backup and secondary telco-service contracts in place, WorldCom's customers don't need to jump into the arms of trouble by gambling on smaller players right now. They want to see how this plays out at least as much as you and I do.

Will this help with the excess-fibre-capacity problem? Probably not. All that fibre is still in place, and whether it continues to be operated by WorldCom or is dealt off to other carriers in fire sales or bankruptcy-court proceedings, it's not suddenly going dark. Capacity in place is just that: capacity in place. We can't ignore it. But we can fear even nastier price wars over using it.

How deep does the corruption go? I have no way of knowing. Surely it would have taken more than just-fired CFO Scott Sullivan and possibly abruptly departed Senior Vice President and Controller Dave Myers to pull this off -- if, in fact, either played a role at all. Remember: innocent until proven guilty. In the wake of the Enron debacle, WorldCom had replaced Andersen with KPMG as its auditors; perhaps some hint of Andersen complicity will emerge. But I have enormous respect for John Sidgmore, the new WorldCom CEO, who arrived with the 1996 acquisition of UUNet. (What about Bernie Ebbers' role, many emails asked? I don't know, and no one else does right now, either. Let's hold off on the charges until we and the Securities and Exchange Commission know more.)

What should I watch for? Quick, revealing action by WorldCom's bankers. With $30 billion in WorldCom debt, they stand to lose a bundle if WorldCom goes down. If they still come through, and fast, on the $5 billion or so in new credit they've been talking about with WorldCom management, that's a good sign for the markets. It will mean the bankers have calculated that they'll lose even more if WorldCom goes into bankruptcy than if it tries to struggle back. Right now I'd say everything depends on that new line of credit and a decisive response from WorldCom's debtholders.

One more: Did I know? A number of RealMoney readers wondered if my column on tech giants that aren't going to "come back," posted here at 2 p.m. Tuesday and featuring WorldCom as my prime example, was based on insider knowledge of a pending collapse at WorldCom. No way. If had an early tip on this one, you'd have read it. Right here.