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


To: Johnny Canuck who wrote (40314)11/2/2003 11:54:18 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 71004
 
12:27 ET GSPN earnings report suggests co losing mkt-share; we believe BRCM is taking the most share -- Amtech Research (32.35 -0.05)





12:18 ET MSTR MicroStrategy reports status of litigation against Business Objects (54.88 -0.37)
MicroStrategy announces that its trial against Business Objects for a) tortious interference with contractual relations and b) misappropriation of trade secrets, concluded on October 29, 2003. The tortious interference claim will not proceed to a jury determination. A ruling on the merits of the trade secrets claim, for which MicroStrategy is seeking various equitable remedies against Business Objects (BOBJ 32.65 +0.65), is expected soon.




12:11 ET AMGN Amgen runs into resistance at 200-day moving avg of $62.30 (62.24 +1.13)
Note that stock is trading into this level on rather lackluster volume.




12:01 ET SOHU Sohu.com comes under pressure, stabilizes near gap support (34.65 -1.09)
Following an aggressive period of selling over the past hour in stock and sector names NTES and SINA, shares of SOHU are nearing their October 24 gap support at 34.00. Note that stock penetrated its 50 sma (35.27) this morning. Intraday range $34.