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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (61692)	10/8/2002 10:20:02 AM
From: puborectalis	Respond to of 77400

Veritas Software may be acquisition target (VRTS) 12.28: Sources are telling us that Fechtor Detweiler believes that CSCO may make an acquistion in the storage space, and that VRTS would be a logical choice. (Yesterday, CSCO expressed confidence about becoming #1 or #2 in the storage industry at an IT conference in Florida, and Dow Jones reported that VRTS is one of 3 or 4 potential partners for CSCO's push in the storage mkt.)

To: GVTucker who wrote (61692)	10/8/2002 10:21:38 AM
From: pchristi12534	Respond to of 77400

Re: "Money flow numbers are useless." I'm not smart enough to argue that point with you, but here's what The Wall Street Journal has to say about it. "The intuition behind money flows is that "For every buyer there's a seller, but they may not agree on price, so it's the urgency of the purchase or sale that's the determining factor: that's what encourages the uptick or downtick," says Mr. Moore. Thus, a greater volume of stock changing hands on an uptick indicates the buyers are being relatively more aggressive at accumulating stock than the sellers are at dumping it. The more-aggressive investors can be expected to carry the trend. But as with any indicator, those investors may be wrong and money flows can thus give a wrong signal. Laszlo Birinyi, president of Birinyi Associates and a consultant to Deutsche Bank Securities, says money flow is "not an approach you should use unilaterally. Whatever your process is, this is the final screen." Mr. Birinyi says money flows are most useful when they identify divergences: stocks with rising prices but negative money flow, or falling prices with positive money flow. Both situations often precede a reversal in the price trend, he says. Likewise, positive money flow can confirm a rising price and negative flow a falling price."