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


To: Johnny Canuck who wrote (39603)5/29/2003 3:30:48 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69928
 
2. Finally, Some Good News

April electronics sales higher, near-term trend looking slightly
better.
email.electronicnews.com

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3. Iraq's Mobile Subscribers Could Reach 5M by 2006

As Iraq struggles to reestablish communications within the country and
with the outside world, its mobile phone industry is set to trigger
heated competition among telecom infrastructure suppliers.
email.electronicnews.com

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4. Arrow Electronics Cuts 400 Jobs

Expecting about $25 million in savings, the distributor eliminates 3
percent of its workforce and rolls its global information business
into its components unit.

email.electronicnews.com

7. Japanese Orders Still Sluggish

Quoting numbers from the Semiconductor Equipment Association of Japan,
Reuters reports that April's figure was down 13.8 percent
year-over-year.
email.electronicnews.com

11. Premier Farnell Q1 Profit Slips Amid Flat Market

The distributor saw pre-tax profit of £12.4 million, £201.8 million in
sales, and also recorded a cost of £2.4 million for its rebranding
scheme.
email.electronicnews.com

12. Chip Companies Rescue DSL's Future

The current copper wire infrastructure is not good enough to support
next generation broadband services, until you factor in new
technologies from the chip industry.
email.electronicnews.com

13. Hotspots Could Face Same Fate as Dot-Coms, Report Says

Wi-Fi hotspots build outs will explode in the near-term, but slowdown
as the industry seeks to identify appropriate applications, content
and terminal designs, Forward Concepts reports.
email.electronicnews.com



To: Johnny Canuck who wrote (39603)5/29/2003 11:35:30 AM
From: j g cordes  Read Replies (1) | Respond to of 69928
 
Its impressive how some stock prices become extremely hard fought lines in the sand.

For example EBAY is struggling to hold 100 and DNA is struggling to hold 60.

Its as if there's a rallying cry that subconsciously goes out to share holders to defend it at all costs. Meanwhile its just as mysterious how all the defensive activity attracts shorts who are relentless in predicting the defence will fail. Once breached, in either direction some numbers seem to be pivot points from which a recovery to higher prices is less likely, or over which the stock will run.