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

To: Johnny Canuck who wrote (38839)	1/21/2003 8:41:23 AM
From: xcr600	Respond to of 69352

Not exactly the info you are looking for.. but an update anyway. 07:38 ET ADTRAN cut to Hold from Buy at Deutsche -- valuation (ADTN) 36.24: -- Update -- Notes that stock has risen 138% since Oct vs 13% gain for the Nasdaq. Believes upside EPS power is already reflected in the stock price. 07:04 ET ADTRAN tops consensus by $0.01 (ADTN) 36.24: Reports Q4 (Dec) earnings of $0.32 per share, $0.01 better than the Multex consensus of $0.31; revenues fell 0.8% year/year to $88.4 mln vs the $88.1 mln consensus.

To: Johnny Canuck who wrote (38839)	1/21/2003 9:34:54 AM
From: jad	Respond to of 69352

In the news: ADTRAN (ADTN close 36.24, -2.4%) reported that Q4 EPS beat the consensus by a penny with revenue in line this morning. The stock was also downgraded with valuation cited. The stock is off in pre-market trade but was down roughly 9.6% on Friday alone and will be watching short term supports for a potential recovery attempt on a weaker start to the day. The closing low for Jan is at 35.47 with the lows for the month at 35.19/35.14 (also marks top of Jan 03 gap). The next level of interest is at 34.55/34.34 (62% of Dec/Jan run/Dec high). briefing