click hereTo update your profile.
Monday October 01, 2007 - 01:21:57 CAST

Home
Headline Section
News
Trade Information
University
Analysis
Update Profile
Log off

Test linking
printer
 
 
MICROSOFT_rumor
Nasdaq rumor
robert_prechter
trade_GENVEC
james_stack
 
news
 
 

 



 


Home /

English French

Apprenez -- TRADER efficacement et GAGNER DE L'ARGENT-- la HAUSSE comme -- la baisse - Cliquez sur les rubriques ! Abonnez-vs--la Lettre Gratuite [click here].

TITLE SOME TECHNOLOGIES DOWN when ORACLE WANTS TO BUY PEOPLE-SOFT !!! 04 Feb 2004

U.S. stocks were mostly lower Wednesday, after Cisco Systems' cautious outlook and Ciena's warning of a revenue shortfall prompted broad weakness in the technology sector, but rallies in retailers, drugmakers and McDonald's helped lift blue chip stocks.

Better-than-expected readings on December factory orders and the non-manufacturing sector and a rally in PeopleSoft following Oracle's raised buyout bid also provided a cushion.

"Investors are rotating out of technology to more defensive consumer staples stocks," said Paul Nolte, director of investments at Hinsdale Associates.

"This is a churning type of market, with investors reluctant to take positions ahead of Friday's jobs data," he added.

A.G. Edwards chief market strategist Al Goldman said the market is just working off some of its excesses.

"My guess, going by market action, is a big pullback, in the order of like 10 percent, is not in the cards," Goldman said. "The market pulls back a little and sideline cash comes in, which says there are a lot of people who have missed the big rally and are taking advantage of even modest pullbacks to buy selectively.". Cisco (NasdaqNM:CSCO ) , among the Nasdaq's most heavily weighted components, was knocked 7.1 percent lower after the networking sector bellwether reported late Tuesday better-than-expected fiscal second-quarter results, but reined in high expectations by saying some business leaders remained "surprisingly cautious" toward capital spending and hiring.

Our sentiment is that people will try to buy good companies at low cost when they missed last weeks the rally.

Fellow networking heavyweight Ciena (NasdaqNM:CIEN) sank 17 percent after warning late-Tuesday that first-quarter revenue would fall short of expectations due to the timing of one order.

Meanwhile, PeopleSoft (NasdaqNM:PSFT) got a 4-percent lift after Oracle (NasdaqNM:ORCL ) raised its bid for the business processes software firm to $26 a share, or to about $9.4 billion from $7.3 billion. Oracle, however, slipped 3.5 percent.

Welcome

Latest Articles
  • VERIZON in the surge of WIRELESS Industry
    VERIZON dans la hausse du WIRELESS
    In Communication_Services_Industry
  • Tuesday Morning a new store sale concept
    TUESDAY MORNING un nouveau concept de vente
    In RetailDepartment&DiscountIndustry
  • Cognos is on the up comparable with People-Soft

    In Software
  • TEKTRONIX INC fell after after sell-off
    + TEKTRONIX A TRADER A LA BAISSE 8% DE GAIN+
    In Electronic Instr. & Controls Industry
  • The financial letter of 8th april 2004
    ++++++ ENGLISH BLERB ++++++++
    In name the last financial letter
  • The financial letter of 1st Feb 2004
    ++++++ ENGLISH BLERB ++++++++
    In name the last financial letter
  • Interest yourselves to our Financial Newsletter
    Newsletter in English
    In Newsletter
  • GRAPH AT LE MEILLEUR DES SOFTS
    +++ BLERB ++++
    In software of trading
  • +++ testing English title COUNTRYWIDE ++++
    +++ test headlines countrywide +++
    In last infos countrywide
  • Msft with MusicMatch
    ++++test article wall-street rumor section ++++
    In microsoft
  • Univision shares up on acquisition and earnings_ 21 aug 2003
    Univison is becoming a gigant !!!
    In Communication
  • Cisco has announced its Q4 and Fiscal Year 2003 financial results.
    ---- Cisco has announced its Q4 results ---------
    In Computer Hardware
  • Biogen and IDEC Pharmaceuticals to create the leader of Biotechnology Industry
    A new leader in Biotechnology Industry
    In Biotechnology
  • AOL-Bertelsmann music merger talks
    ====== AOL-Bertelsmann music merger talks ========
    In Entertainment Industry
  • Why GENVEC INC surged more than 75%
    Why GENVEC INC surged more than 75% in APRIL.
    In Biotechnology
  • Millennium's obtains Velcade Approval from FDA
    fda approval a boost for Millenium(mlnm) !!!
    In Health
  • Pfizer one of the best pharmaceutical companies of the world
    Be careful to the resistance at $.34 !!!
    In Health
  • MGM test article1

    In Entertainment Industry

    In The Spotlight
  • VERIZON in the surge of WIRELESS Industry
    VERIZON dans la hausse du WIRELESS
    In Communication_Services_Industry      Under (VZ) Verizon Communications
  • Tuesday Morning a new store sale concept
    TUESDAY MORNING un nouveau concept de vente
    In RetailDepartment&DiscountIndustry      Under Tuesday Morning Corp (nasdaq)
  • Cognos is on the up comparable with People-Soft
    In Software      Under cognos incorporated
  • TEKTRONIX INC fell after after sell-off
    + TEKTRONIX A TRADER A LA BAISSE 8% DE GAIN+
    In Electronic Instr. & Controls Industry      Under TEKTRONIX INC (NYS)
  • The financial letter of 8th april 2004
    ++++++ ENGLISH BLERB ++++++++
    In name the last financial letter      Under April 2004
  • Interest yourselves to our Financial Newsletter
    Newsletter in English
    In Newsletter      Under Newsletter_ENG
  • GRAPH AT LE MEILLEUR DES SOFTS
    +++ BLERB ++++
    In software of trading      Under GraphAT
  • +++ testing English title COUNTRYWIDE ++++
    +++ test headlines countrywide +++
    In last infos countrywide      Under countrywide_headlines
  • Msft with MusicMatch
    ++++test article wall-street rumor section ++++
    In microsoft      Under microsoft_to_pay
  • Rumor for AOL
    +++++ TESTING +++++++
    In wallstreet rumor      Under AOL Time warner
  • Univision shares up on acquisition and earnings_ 21 aug 2003
    Univison is becoming a gigant !!!
    In Communication      Under Univision Communications (NYSE:UVN)
  • Biogen and IDEC Pharmaceuticals to create the leader of Biotechnology Industry
    A new leader in Biotechnology Industry
    In Health      Under Biogen
  • Cisco has announced its Q4 and Fiscal Year 2003 financial results.
    ---- Cisco has announced its Q4 results ---------
    In Computer Hardware      Under Cisco Systems, Inc. (NasdaqNM)
  • Stocks Climb on Economic Hopes
    ==== Bulls comme to the market ===
    In General Economy      Under Bulls
  • Biogen and IDEC Pharmaceuticals to create the leader of Biotechnology Industry
    A new leader in Biotechnology Industry
    In Biotechnology      Under Biogen Inc (NASDAQ NM)
  • Microsoft Corp. settles 750 M$ with AOL
    MICROSOFT 750 M$ GIFT TO AOL
    In Entertainment Industry      Under AOL Time warner
  • AOL-Bertelsmann music merger talks
    ====== AOL-Bertelsmann music merger talks ========
    In Entertainment Industry      Under AOL Time warner
  • Millennium's obtains Velcade Approval from FDA
    fda approval a boost for Millenium(mlnm) !!!
    In Health      Under Millenium Pharmaceutical

    New Link test
    Newsletter
     

    Your Opinion
    Are you looking for personalised portfolio advices for:
    Yourself
    A Client
    Your Company
    Friends
    Other

     


    1 users online
    31659 visits
    44369 hits