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

To: Don Lloyd who wrote (17135)	7/17/1998 8:29:00 AM
From: Clint E.	Read Replies (2) \| Respond to of 69809

Thanks for checking, Don. I thought estimate reduction took place after ADI missed a couple of months ago but looks like I was wrong. >>>in the last 60 days was a single analyst's increase in FY98 numbers on 7/10/98. What a gutsy move. I wonder what he/she did to his/her rating. I like the ones that they cut estimates but raise the price target or rating on the stock! The stock has been extremely strong perhaps because they haven't pre-announced, the telecom/wireless equip. suppliers have been reporting good earnings, and PC mkrs have been strong. I am not a buyer up here. Clint