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Chart of the Day for FRIDAY 05-28-04    

NVLS: Thursday the stock trended up for the day to closed at ($31.38) off (-.03c). After-hours the stock surged upward after the company boosted its earnings, sales and shipment targets for its second quarter during on a scheduled midquarter update. The stock then pull back before bouncing back into the conference call. The MOM Admins in the voice forum took notice that some muscle players started slowly buy-up the stock right after the close on good volume alerting our members of what was happening where the stock was quoted at 31.75. First call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $33.00. The stock then pulled back to end the after hours session with a last trade of $32.90. Let take a technical look at the numbers for today's trading. Above $32.94 with conformation @ $33.24 the stock can make an upside move to $33.40 then $33.59 providing the futures are moving to the upside into the 9:30 market open.  If so other upside number is $33.67. Also with conformation at $33.76 the stock can run to $$$$ then $$$$. Look for a short trigger at $32.81 with conformation at $32.50 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( MindOverMarket Premier platinum forum )~{support what you believe in at MOM}. Last night on a scheduled midquarter update, NVLS said orders could potentially top its previous outlook, depending on the timing of certain bookings. "Overall, business is very good and continues to improve steadily as we have forecasted previously," Chief Executive Richard Hill said on a conference call. He said the Co. now expects earnings of 25 cents to 27 cents a share, excluding items, on revenue of $325 million to $335 million. That topped a forecast it gave in April of earnings of 18 cents to 20 cents a share on revenue of $305 million to $325 million.Orders, an indicator of future revenue, are now expected to be $380 million to $390 million, with the possibility of orders of more than $400 million depending on the timing of certain bookings. In April, Novellus targeted orders in the range of $375 million to $390 million.

NVLS UP-SIDE sympathy plays are, LRCX, INTC, AMAT, KLAC, AMD. This sector should move up on this news.

Keep in mind today that at – 8:30 ET Personal Income and Outlays numbers will be posted, consensus 0.3%; Personal income inched up 0.4 percent in March after increasing 0.5 percent in February. The improved labor market situation should help to boost income in coming months. Personal consumption expenditures rose 0.4 percent in February and March. The April retail sales figures suggest that April consumption expenditures will be less robust than in the past few months. ALSO Consumer Sentiment, will go off at 9:45 ET, consensus 94.0; The University of Michigan's consumer sentiment index remained unchanged at the mid-May reading from the April level of 94.2. Market players were expecting a higher reading but remember that the Michigan survey does not relay on job market questions, which has helped to propel the Conference Board's consumer attitude survey. Lastly at 10:00 ET the NAPM-Chicago numbers will come out, consensus 60.2; The NAPM-Chicago index jumped several points in April to reach a level of 63.9. The jump in the Chicago index was not matched by an equal rise in the ISM manufacturing survey. Keep in mind that the NAPM-Chicago covers non-manufacturing as well as manufacturing activity.

NVLS:  (www.novellus.com) Novellus Systems, Inc. is a supplier of semiconductor manufacturing equipment used in the fabrication of integrated circuits. The Company is focused on delivering interconnect products and technologies that meet the increasingly complex and demanding needs of semiconductor manufacturers. The Company's advanced deposition systems use chemical vapor deposition (CVD), physical vapor deposition (PVD) and electrochemical deposition processes to form the interconnects in the device structure. Its High-Density Plasma CVD and Plasma-Enhanced CVD systems employ a chemical plasma to deposit all of the dielectric or insulating layers and some of the metal or conductive layers on the surface of a semiconductor wafer. Novellus' PVD systems use direct-current power to deposit conductive metal layers by sputtering metallic atoms from the surface of a target source. The Company's Electrofill systems are used for depositing conductive layers of copper on wafers in a damascene manufacturing process.
 

Chart of the Day for THURSDAY 05-27-04    


TECD: Wednesday the stock trended down for the day to closed at ($35.40) off (-.40c). After-hours the stock surged upward after the company beat by $0.10 and guided in line. The stock then pull back before bouncing back into the conference call. The MOM Admins in the voice forum took notice that some muscle players started slowly buy-up the stock right after the close on light volume alerting our members of what was happening where the stock was quoted at 35.70. First call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $38.00. The stock then pulled back to end the after hours session with a last trade of $37.38. Let take a technical look at the numbers for today's trading. Above $37.47 with conformation @ $37.71 the stock can make an upside move to $38.01 then $38.20 providing the futures are moving to the upside into the 9:30 market open.  If so other upside number is $38.53. Also with conformation at $38.75 the stock can run to $$$$ then $$$$. Look for a short trigger at $37.25 with conformation at $37.00 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( MindOverMarket Premier platinum forum )~{support what you believe in at MOM}. Last night TECD said net income for the quarter ended April 30 rose to $34.7 million, or 59 cents per share, from $21.5 million, or 38 cents per share, a year earlier.Chairman and Chief Executive Steven Raymund said Tech Data's results significantly exceeded the company's own expectations, noting that tightly managed costs helped more revenue fall to the bottom line.The quarter's strong performance builds on momentum in the prior period, when Raymund said he was encouraged by improving market demand across its industry."Our European performance was especially strong, reflecting our improved execution in the region and the benefit of operating leverage on the incremental sales," Raymund said.

Keep in mind today that at – 8:30 ET Gross Domestic Product numbers will be posted, Consensus 4.6% (real), 2.5% (GDP deflator), The Commerce Department's advance estimate revealed that real GDP grew at a 4.2 percent rate in the first quarter after increasing at a 4.1 percent rate in the fourth quarter of 2003. Typically, the largest revisions occur in business inventories and net exports since these are the sectors with the least information when the advance estimate is compiled. ALSO Jobless Claims will go off at 8:30 ET , consensus 335K, New jobless claims rose 12,000 in the week ended May 15 to 345,000. This was the second week in a row in which claims rose. Nevertheless, the 4-week moving average dipped for a fourth straight week and claims are below month ago levels. This bodes well for employment.

TECD:  (www.techdata.com) Tech Data Corporation is a distributor of information technology products, logistics management and other value-added services worldwide. It distributes microcomputer hardware and software products to value-added resellers, corporate resellers, retailers, direct marketers and Internet resellers. The Company and its subsidiaries distribute to approximately 80 countries, and serve resellers in the United States, Europe, Canada, Latin America, the Caribbean and the Middle East. In addition to a strong product offering, Tech Data provides resellers with pre- and post-sale technical support, a suite of electronic commerce tools (including Web order entry and electronic data interchange services), customized shipping documents, product configuration/integration services and flexible financing programs

 

Chart of the Day for WEDNESDAY 05-26-04    

SEAC: Tuesday the stock trended up for the day to closed at ($13.23) plus (+.66c). After-hours the stock surged upward after the company beat by $0.03, beats on revs and Reports Q1 (Apr) earnings of $0.11 per share, $0.03 better than the consensus of $0.08; revenues rose 19.5% year/year to $41.6 mln vs the $39.1 mln consensus. The stock then pull back before bouncing back into the conference call. The MOM Admins in the voice forum took notice that some muscle players started slowly buy-up the stock right after the close on light volume alerting our members of what was happening where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $14.45. The stock then pulled back to end the after hours session with a last trade of $14.08. Let take a technical look at the numbers for today's trading. Above $14.20 with conformation @ $14.31 the stock can make an upside move to $14.50 then $14.75 providing the futures are moving to the upside into the 9:30 market open.  If so other upside number is $14.93. Also with conformation at $14.14 the stock can run to $$$$ then $$$$. Look for a short trigger at $13.95 with conformation at $13.90 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Last night SEAC announced financial results for its first quarter of fiscal 2005 ended April 30, 2004. Revenues for the quarter were a record $41.6 million compared to revenues of $34.8 million in the first quarter of fiscal 2004, a 20% increase. The Company recorded net income of $3.2 million, or $0.11 per diluted share, for the first quarter of fiscal 2005 versus net income of $562,000, or $0.02 per diluted share, for the first quarter of fiscal 2004. Revenues and net income per share for the first quarter of fiscal 2005 were above the guidance of revenues of $39.0 million and net income per share of $0.08 that the Company had previously provided in its press release dated March 2, 2004. Video-on-Demand (VOD) system revenues for the first quarter of fiscal 2005 were $25.2 million, up 41% compared to $17.8 million in the comparable period last year. Total systems revenues for the quarter were $31.2 million, which, in addition to VOD, included revenues of $3.2 million from advertising systems and $2.8 million from broadcast systems. Service revenues for the quarter were a record $10.4 million. For the quarter ended April 30, 2004, EBITDA was $6.7 million, or $0.23 per share, as compared to $3.0 million, or $0.11 per share, in the comparable period last year(1). The continued improvement in EBITDA increased the Company's cash and marketable securities balance by $2.0 million to a record $124.0 million at quarter end. For the quarter ending July 31, 2004, the Company expects total revenues of approximately $42.0 million and net income of $0.12 per share.

Keep in mind today that at– 8:30 ET Durable Goods Orders numbers will be posted, consensus of –0.8%, New orders for durable goods jumped 5 percent in March after a healthy 3.9 percent spurt in February. Orders were strong across the board including primary metals, fabricated metals, machinery, computers and transportation.  ALSO New Home Sales numbers will go off at 8:30 ET, consensus 1,191,000  New home sales surged 8.9 percent in March to a 1,228,000-unit rate as homeowners took advantage of low mortgage rates. In the meantime, mortgage rates have risen and it remains to be seen whether home sales can remain at these high levels.

SEAC:  (www.seachangeinternational.com) SeaChange International, Inc. is a developer, manufacturer and marketer of systems (video storage servers) that automate the management and distribution of long-form video streams such as movies or other feature presentations, and short-form video streams such as advertisements. The Company sells products and services to cable system operators, including AOL Time Warner, Cablevision, Charter Communications, Comcast, Cox Communications and Insight Communications, telecommunications companies, including Deutsch Telecom and broadcast television companies, including Ascent Media, Clear Channel Communications and Echostar. The Company's broadband network segment includes its VOD (video-on-demand) System, which digitally manages, stores and distributes digital video, allowing cable system operators and telecommunications companies to offer VOD and other interactive television services, including interactive electronic advertising and retrieval of Internet content, through the television.

 

Chart of the Day for TUESDAY 05-25-04
 

NENG: Monday the stock traded up for the day to closed at ($3.40) plus (+.86c). News hit the wire in the late afternoon trading session that Next generation Appliance was to Be Showcased at Microsoft TechEd Conference in San Diego. Taps ISA Server Features to Enhance Security for Microsoft Exchange Servers and Remote Microsoft Outlook Users. It took a little time for this news to absorb into the market. At about 2:36 PM ET, in the open market the MOM Admins in the voice forum took notice that some muscle players started to buy-up the stock on a spike in volume alerting our members of what was happening when the stock was quoted at $2.75. The stock propelled upward to top out at $3.40 into the close.  After-hours the stock ran up to hit $3.55 on  momentum with that news on late buying. Closing the after hours session with a last trade of $3.39. Let take a technical look at the numbers for today's trading. Above $3.40 with conformation @ $3.43 the stock can make an upside move to $3.50, $3.59 then $3.64 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $3.73 then $3.84 with conformation at $3.89 the stock can run to $$$$ then $$$$. Look for a short trigger at $3.34 with conformation at $3.29 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Lets see if the stock will still play on yesterdays late afternoon Lehman comments on that MSFT news.

Keep in mind, today at– 10:00 Consumer Confidence numbers will be posted and consensus are 94.00; The Conference Board's consumer confidence index increased more than four points in April to 92.9 from a level of 88.5 in March. It has shown more improvement in the past couple of months than the University of Michigan survey because it is geared towards job questions, while the latter is not.

Tuesday morning, Globex futures have been trending steadily to the downside from 1:00 am ET on rising oil prices again and after President Bush's speech.

NENG: (www.networkengines.com) Network Engines, Inc. develops, manufactures and distributes server appliances that enable network equipment providers and independent software vendors (ISVs) to deliver data storage and security networking applications to their customers. The Company is focused on providing its strategic partners with server appliance hardware, integration services and appliance development, manufacturing, fulfillment, distribution and post-sale support to allow these strategic partners to deliver turnkey solutions to their end user customers. The server appliance is sold and supported either by the Company's ISV partners, or, alternatively, by the Company through its distribution operation. Server appliances are pre-configured computer network infrastructure devices designed to deliver specific application functionality.

 

Chart of the Day for MONDAY 05-24-04 


RSAS: Friday the stock trended up to close at ($17.10) plus (+.42c).  For most of the day the stock stayed in a tight trading range.  After-hours the stock did not do much.  ALSO, Wedbush Morgan Initiated RSAS at Buy on Friday.  Let take a technical look at the numbers for today's trading. Above $17.25, with conformation @ $17.30, the stock can make an upside move to $17.54, $17.70  then $17.84 providing the futures are moving to the upside from the premarket open at 8:00 am ET into the 9:30 market open. If so other upside numbers at $18.06 with conformation at $18.20 the stock can run to $$$$ then $$$$. Look for a short trigger at $16.90 with conformation at 16.84 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins, coaching you through trades click and join our-> ( platinum forum )~{support what you believe in at MOM}.  Over the weekend in a wall street journal article written by Mark Veverka on security stocks seemed catch my eye. Mr Veverka says Wedbush Morgans Kevin Trosian sees growth rate in the security area will slow on spending and  shift out of stocks like SYMC and CHKP and more into internal security products from companies like RSAS and WEBN.  Lets see if news will move the stock up today on upside futures. Also Tom Berquist of Smith Barney put a negitive on SYMC. He said the takeover of Brightmail may have been expensive. Lest keep an eye on the whole sector today as well. Wedbush Morgan Initiated RSAS at Buy on Friday. Lastly, keep in mind that global political uncertainty or terrorist attacks can change this at any time. Keep focused on market trend from this point to get clear direction. Remember, before you make any trades, you should check for news on other stocks in the same sector as that the stock you are trading. This news may affect the stock you are trading. Also, stocks tend to resist or support on the round number. Stocks without news need futures direction with trend. Stocks will follow the natural algorithm of the markets movement and usually move to the above numbers, hitting triggers and targets.

Keep in mind today, that at-- Monday – there will no major ECO news posted for the day. Futures have been moving up from 1am.


RASA (www.rsasecurity.com) RSA Security Inc. helps organizations protect private information and manage the identities of the people and applications accessing and exchanging that information. The Company's portfolio of solutions, including identity and access management, secure mobile and remote access, secure enterprise access and secure transactions, are all designed to provide a seamless e-security experience. In addition to its portfolio of solutions, the Company operates RSA Laboratories, its research center that provides cryptography and security technology services. RSA Security has more than 14,000 customers worldwide, and is headquartered in Bedford, Massachussetts.
 

Chart of the Day for FRIDAY 05-21-04 
 

MRVL: Thursday the stock trended up for the day to closed at ($39.83) off (-.15c). After-hours the stock propelled to the upside after the company announced their earnings, beat by $0.02, ex items, beats on revs.  The numbers came in on their Q1 (Apr) earnings of $0.34 per share, excluding items, $0.02 better than consensus of $0.32; revenues rose 60.2% year/year to $269.6 mln vs the $267.6 mln consensus. The MOM Admins in the voice forum took notice that some muscle players started to buy-up the stock right after the close on light volume alerting our members of what was happening when the stock was quoted at $39.80. The stock then POP 40.30 and DROPPED on a shakeout before and then after the earnings post. Admins in the voice mentioned that the revenues where too good for this pullback to occur and said to be patient and wait for the bounce around the $39 area. Well, I guess patients paid off.  The MOM Admins in the voice forum took notice that some muscle players starting to buy-up the stock right after the pullback in the 39 area and alerted to the MOM members, muscle players did then forced the stock to explode upward to top out at $42.40. The stock then modestly pulled back to end the after hours session with a last trade of $42.30. Let take a technical look at the numbers for today's trading. Above $42.50 with conformation @ $42.68 the stock can make an upside move to $42.88 then $43.00 providing the futures are moving to the upside from the Premark open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $43.13 with conformation at $43.31 the stock can run to $$$$ then $$$$. Look for a short trigger at $41.96 with conformation at 41.80 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Last night MRVL announced that revenue for the first quarter ended May 1 rose 60 percent to $269.6 million from $168.3 million a year earlier. Net income rose to $14.5 million or 10 cents per share from $4.4 million or 3 cents per share.

Keep in mind today, that Today is Option expiration day.

Friday morning, Globex futures have been trending up well to the upside from 4:00 am ET.

MRVL: (www.marvell.com) Marvell Technology Group Ltd. is a global semiconductor provider of high-performance analog, mixed signal and digital signal processing integrated circuits. Marvell Technology offers its customers a range of integrated circuit solutions using its communications mixed-signal processing (CMSP) and digital signal processing technologies. The Company applies its analog, mixed signal, digital signal processing and complex digital design technologies in a variety of applications. Its product portfolio consists of storage, switching, transceivers, wireless, personal computers (PC) connectivity, gateways, communications controllers and power management products. In June 2003, the Company acquired RADLAN Computer Communications Ltd., a provider of embedded networking software. On November 24, 2003, the Company acquired Asica, Inc., a designer and developer of digital signal processors used in consumer and other applications.
 

Chart of the Day for THURSDAY 05-20-04 


SNPS: Tuesday the stock trended up for the day to closed at ($25.32) plus (+.02c). After-hours the stock propelled to the upside after the company announced their earnings, beat by $0.02 and guided above consensus. The MOM Admins in the voice forum took notice that some muscle players started to buy-up the stock right after the close on light volume alerting our members of what was happening when the stock was quoted at $25.50. Also first call players got the news before it hit the DJ news wire forcing the stock to explode upward to top out at $27.10. The stock then pulled back to end the after hours session with a last trade of $26.89. Let take a technical look at the numbers for today's trading. Above $27.10 with conformation @ $27.17 the stock can make an upside move to $27.49 then $27.66 providing the futures are moving to the upside from the premarket open at 8:00 am ET into the 9:30 market open. If so other upside numbers ar $27.98 with conformation at $28.28 the stock can run to $$$$ then $$$$. Look for a short trigger at $26.70 with conformation at 26.57 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Last night SNPS announced that for its fiscal second quarter ended April 30, the Co had a net income of $28.7 million or 18 cents per share, compared with $22.3 million, or 15 cents, in the year-earlier period. It posted revenue of $294.6 million, a 1 percent increase from $292 million a year earlier. Net income, excluding special items, was $57.1 million, or 35 cents per share, compared with $61.2 million or 40 cents a share a year earlier. For the third quarter, the company forecast revenues of between $300 million and $320 million, with earnings per share, excluding items, of 35 cents to 40 cents. For the full year, it sees revenues of $1.2 billion to $1.23 billion and earnings per share, excluding items, of $1.37 to $1.47. We should see upgrades this morning from a few of the bigger firms.


Keep in mind today, that at–– 8:30 ET Housing Starts, consensus of 2.000M, Housing starts jumped 6.4 percent in March to reach a 2.01 million unit rate after declining in January and February. No doubt, housing activity was spurred by falling mortgage rates during the month. Mortgage rates increased 38 basis points in April, the first - and largest - gain since last August when mortgage rates rose 63 basis points. 


Thursday morning, Globex futures have been trending modestly to the downside from 1:00 am ET. Once again on rising oil prices and global interest rate hiking concerns.

SNPS: (www.synopsys.com) Synopsys, Inc. provides electronic design automation (EDA) software used to design complex integrated circuits (ICs) and systems-on-chips (SoCs) in the global semiconductor and electronics industries. The Company also provides intellectual property and design services to simplify the design process and to accelerate time to market for its customers. As a result of the mid-2002 acquisition of Avant! Corporation, Synopsys offers a suite of system design, logic design, functional verification, physical design and physical verification products. The March 2003 acquisition of Numerical Technologies, Inc. expanded the Company's offerings of manufacturing technologies and products geared towards small geometry designs. Synopsys also offers of pre-verified intellectual property (IP) components and a range of professional services, including turnkey design services, design assistance and methodology consulting.

 

Chart of the Day for WEDNESDAY 05-19-04


RIMM: Tuesday the stock trended up for the day to closed at ($99.98) plus (+$6.98c). After-hours the stock ran up on momentum and post analyst day.
Also in the afternoon Lehman made some comments on the Co. The Co management expects subscriber growth to accelerate over the next several quarters due to the entry into the retail market. The MOM Admins in the voice forum took notice that some muscle players started to buy-up the stock right after the close on light volume alerting our members of what was happening when the stock was quoted at $100.00. The stock popped upward to top out at $101.31. The stock then pulled back to end the after hours session with a last trade of $100.98. Let take a technical look at the numbers for today's trading. Above $101.31 with conformation @ $101.65 the stock can make an upside move to $102.00 then $102.37 providing the futures are moving to the upside from the premarket open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $102.75. with conformation at $103.00 the stock can run to $$$$ then $$$$. Look for a short trigger at $100.55 with conformation at 100.15 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Last night RIMM ran up on momentum and post analyst day. Lets see if the stock will still play on yesterdays late afternoon Lehman comments on the Co.

Keep in mind today, that there will be no major eco news today.

Tuesday morning, Globex futures have been trending sharply to the upside from 4:00 am ET.

RIMM: (www.researchinmotion.com) Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wide area wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, the Company provides platforms and solutions for seamless access to time-sensitive information including e-mail, phone, short message service (SMS) messaging, Internet and intranet-based corporate data applications. RIM also licenses its technology to handset and software vendors to enable these companies to offer wireless data services using the BlackBerry Enterprise Server. There are in excess of 10,000 companies worldwide with the BlackBerry Enterprise Server installed.
 

Chart of the Day for TUESDAY 05-18-04 

MLNM: Monday the stock trended up for the day to closed at ($13.56) plus (+.01c). After-hours the stock propelled after the company announces VELCADE(R) (bortezomib) for Injection has Significantly Extended Survival in Phase III (APEX) Trial of Patients with Relapsed Multiple Myeloma. The MOM Admins in the voice forum took notice that some muscle players started to buy-up the stock right after the close on light volume alerting our members of what was happening when the stock was quoted at $13.90. Also first call players got the news before it hit the DJ news wire forcing the stock to explode upward to top out at $15.95. The stock then pulled back to end the after hours session with a last trade of $15.80. Let take a technical look at the numbers for today's trading. Above $15.98 with conformation @ $16.05 the stock can make an upside move to $16.22 then $16.41 providing the futures are moving to the upside from the premarket open at 8:00 am ET into the 9:30 market open. If so other upside numbers ar $16.50 with conformation at $16.57 the stock can run to $$$$ then $$$$. Look for a short trigger at $15.79 with conformation at 15.63 the stock can slide to see $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Last night MLNM announced that in the final survival endpoint analysis in the phase III confirmatory APEX study comparing patients receiving Velcade to those receiving high-dose dexamethasone, it produced a statistically significant survival benefit. Both the interim data and the final survival analysis from the APEX study will be presented on Sunday, June 6 at the upcoming American Society of Clinical Oncology (ASCO) meeting in New Orleans, LA.

Keep in mind today, that at–8:30 ET Housing Starts, consensus of 2.000M, Housing starts jumped 6.4 percent in March to reach a 2.01 million unit rate after declining in January and February. No doubt, housing activity was spurred by falling mortgage rates during the month. Mortgage rates increased 38 basis points in April, the first - and largest - gain since last August when mortgage rates rose 63 basis points.

Tuesday morning, Globex futures have been trending modestly to the upside from 1:00 am ET.

MLNM: (www.mlnm.com) Millennium Pharmaceuticals Inc. is a biopharmaceutical company focused on developing and commercializing breakthrough products in the disease areas of cancer, cardiovascular disease and inflammatory disease. The Company operates in one business segment, which focuses on the development and commercialization of proprietary therapeutic products. It has two products on the market, Velcade (bortezomib) for Injection, a cancer product for patients with multiple myeloma, and Integrilin (eptifibatide) Injection, a cardiovascular product that prevents platelet aggregation.

 

Chart of the Day for MONDAY 05-17-04    

PSFT: Friday the stock trended down to close at ($17.30) off (-.31c).  For most of the day the stock stayed in a tight trading range.  After-hours the stock popped after news hit that "Oracle Revises PeopleSoft Bid to $21.00 Per Share from $26.00 Per Share". The MOM Admins in the voice forum took notice that some players started slowly buying-up the stock right after the close at 5:20 pm ET, on light volume alerting our members of what was happening where first call players received the news before it hit the DJ news wire forcing the stock to move upward to top out at $17.95. The stock then pulled back to end the after hours session with a last trade of $16.96 with a wider trading in the post market then the open market on sheer manipulation. Let take a technical look at the numbers for today's trading. Above $17.30 with conformation @ $17.35 the stock can make an upside move to $17.50, $17.63 then 17.74 providing the futures are moving to the upside into the 9:30 market open. Look for a short trigger at $17.07 with conformation at 16.90 the stock can slide to see $$$$ then $$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Let see how this news absorbs into pre-market trading this morning and into the open on this Oracle offer Revision news.

Keep in mind today, that at-- Monday – at 8:30 am ET. NY Empire State Index will be posted wity consensus at 35.0  The Empire State manufacturing survey, which covers the New York region, jumped more than 10 points in April to 36.1 from a level of 25.3 in March. Any level above zero reflects an expanding manufacturing sector. The New York Fed conducts this monthly survey of manufacturers in New York State. Participants from across the state represent a variety of industries. On the first of each month, the same pool of roughly 175 manufacturing executives (usually the CEO or the president) is sent a questionnaire to report the change in an assortment of indicators from the previous month. Respondents also give their views about the likely direction of these same indicators six months ahead. This index is seasonally adjusted using the Philadelphia Fed's seasonal factors because its own history is not long enough with data only going back a couple of years.

PSFT (www.peoplesoft.com) PeopleSoft, Inc. designs, develops, markets and supports enterprise application software products for use throughout large and medium-sized organizations worldwide. These organizations include corporations, educational institutions and national, state, provincial and local government agencies. The Company provides enterprise application software for customer relationship management, human capital management, financial management and supply chain management, each with a range of industry-specific features and functions. Within each of its application suites, it offers embedded analytics and portal applications. In addition, PeopleSoft offers a suite of products for application integration and analytic capability, including portal applications, an integration broker and enterprise warehouse products.

 

Chart of the Day for FRIDAY 05-14-04    

ANSI: Thursday the stock trended up for the day to closed at ($27.61) plus (+.41c). After-hours the stock ran up after Business Week wrote an article saying that the company is a possible buyout target.  Management, witch own the stock thinks the decline in the stock in a buying opportunity and the stock could double in 12 months even without a buyout. This news moved the stock up after hours. The MOM Admins in the voice forum took notice that some players started slowly buy-up the stock right after the close on light volume alerting our members of what was happening where first call players got the news before it hit the DJ news wire forcing the stock to move upward to top out at $28.80. The stock then pulled back to end the after hours session with a last trade of $28.39. Let take a technical look at the numbers for today's trading. Above $28.60 with conformation @ $28.77 the stock can make an upside move to $29.07 then $29.23 providing the futures are moving to the upside into the 9:30 market open. Look for a short trigger at $28.25 with conformation at $$$$ the stock can slide to see $$$$ then $$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Let see how this news absorbs into pre-market trading this morning and into the open on this acquisition buzz.

Keep in mind today, that at– 8:30 ET Business Inventories, 0.5%, Business inventories rose 0.7 percent in February, the largest gain in over a year. The largest gains were in wholesale trade and manufacturing. Retail trade inventories rose less sharply in the first couple of months of the year, perhaps because of the strong retail sales figures.  The dollar amount of inventories held by manufacturers, wholesalers, and retailers. The level of inventories in relation to sales is an important indicator of the near-term direction of production activity.  Consumer Price Index (CPI), consensus 0.3%, less food and energy 0.2%, The consumer price index increased 0.5 percent in March after rising 0.3 percent in February. Higher food and energy prices contributed to the gain, but the CPI excluding food and energy prices jumped 0.4 percent in March. Fed officials didn't appear concerned about the March hike, but if the core CPI were to increase by that magnitude for more than two months in a row, they certainly would be worried about inflationary pressures.  9:15 EST Industrial Production, consensus 0.6%, Capacity Utilization, consensus 76.9%,  The index of industrial production fell 0.2 percent in March after increasing 0.8 percent in February. The market group breakdown reveals that production of consumer goods and business equipment fell in March, but defense & space equipment as well as construction supplies posted gains.  9:45 EST Consumer Sentiment, preliminary, consensus 96.0, The University of Michigan's consumer sentiment index decreased in April after increasing in March - bringing the sentiment index back to the February level. The January spurt is a bit of an aberration, but nonetheless, consumer attitudes are generally higher in early 2004 than in the second half of 2003.

ANSI: (www.ans-medical.com) Advanced Neuromodulation Systems, Inc. (ANSI), dsigns, develops, manufactures and markets advanced implantable neuromodulation devices that improve the quality of life for people suffering from chronic pain. Neuromodulation devices include implantable neurostimulation devices, which deliver electric current directly to targeted nerves, and implantable drug pumps, which deliver small, precisely controlled doses of drugs directly to targeted sites within the body. ANSI markets three principal product lines: the Renew radio frequency system, the Genesis and GenesisXP implantable pulse generator systems and the AccuRx implantable drug pump. The Company markets its products to physicians who specialize in managing chronic pain. It defines chronic pain as pain that persists or recurs for more than six months, is resistant to conservative therapies and significantly restricts a patient's normal activities.

 

Chart of the Day for THURSDAY 05-13-04    


MAMA: Wednesday the stock trended up for the day to closed at ($10.43) plus (+.04c). After-hours the stock exploded after the company posted earnings of $1.4 Million, $0.13 Per Share, in the First Quarter Including Gain of the Asset Sale of its Billing Technologies. The MOM Admins in the voice forum took notice that some muscle players started slowly buy-up the stock right after the close on light volume alerting our members of what was happening where first call players got the news before it hit the DJ news wire forcing the stock to propel upward to top out at $13.20. The stock then pulled back to end the after hours session with a last trade of $12.60. Let take a technical look at the numbers for today's trading. Above $12.75 with conformation @ $12.92 the stock can make an upside move to $13.20 then $13.52 providing the futures are moving to the upside into the 9:30 market open. Look for a short trigger at $12.43 with conformation at $$$$ the stock can slide to see $$$$ then $$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Last night MAMA's announced their Q1 2004 net earnings of $1,383,678 ($0.13) compare to a Q1 2003 loss of $91,466 ($0.02 per share). Q1 results reflect the gain on disposal of the asset sale of the billing technologies subsidiaries. Earnings from continuing operations were $409,109 ($0.04 per share) compared with a loss of $306,898 ($0.05 per share) for the same period in 2003. Discontinued operations, as a result of the conclusion of the asset sale, contributed earnings of $974,569 ($0.09 per share). The Company's revenue, derived exclusively from its Media Solutions operation, increased by 135% compared to Q1 of 2003. Media Solutions revenue in the first quarter of 2004 of $4,212,480 compared to $1,789,244 for the same period in 2003 and $3,056,359 in the fourth quarter of 2003. With the conclusion of the sale of the billing technologies subsidiaries and the Company's strategic focus on Media Solutions, note that in 2004 reporting will be on a consolidated corporate basis grouping the company's two remaining segments - Investment Management and Media Solutions. Guy Faure, Mamma.com's President and CEO stated: "We are very pleased with our first quarter results. Our industry normally experiences a downturn in Q1 compared to Q4 and we realized a 38% quarter on quarter growth rate. We believe that this is a result of our positioning strategy and the industry's strong growth rate. Compared to the same quarter last year, our total revenues grew by 135%. The integration of our Search and Ad Network services under the Mamma Media Solutions brand is proving to be successful. In the search area we have experienced sustained growth with our major partners delivering more paid clicks and we have successfully grown our own advertiser base. The Ad Network portion of our business grew steadily during the first quarter. We have had added visibility in the first quarter through advertising and publicity, which has translated to increased traffic on our meta search property: 'Mamma.com, The Mother of All Search Engines®'." As previously announced on March 3, 2004, the Company is proceeding with the acquisition of Digital Arrow LLC, a privately held opt-in e-mail marketing enterprise. Management expects to complete this acquisition during the second quarter of 2004 but there can be no assurance that a mutually acceptable definitive agreement will be negotiated. As at March 31, 2003, the Company had no debt other than current trade payables and cash and cash equivalents were at $11,275,794, an increase of $6,786,717 in the quarter. During the quarter all of the A warrants from the November 2002 financing were exercised and, consequently, all contingent B warrants were granted and all of them were also exercised for a total cash contribution of $5,492,423. As at March 31, 2004, the Company had 10,464,549 shares issued and 105,000 warrants and 253,834 options outstanding. David Goldman, Mamma.com Inc.'s Executive Chairman stated: "The combination of sustained growth in earnings from continuing operations, and the earnings contribution from the divestiture of the billing technologies subsidiaries resulted in strong first quarter results. With the cash contribution from the exercise of warrants and options our financial strength has been considerably enhanced."

Keep in mind today, that at– 8:30 ET Jobless Claims, consensus of 320K, New jobless claims fell 25,000 in the week ended May 1 to 315,000, the lowest weekly pace in several years. This brought the 4-week moving average to 343,250. While the decline in jobless claims was encouraging, the April average is higher than the March average by a small margin.  Jobless claims are an easy way to gauge the strength of the job market. The fewer people filing for unemployment benefits, the more have jobs, and that tells investors a great deal about the economy. Nearly every job comes with an income that gives a household spending power. Spending greases the wheels of the economy and keeps it growing, so a stronger job market generates a healthier economy.Producer Price Index (PPI), consensus 0.2%. This is a measure of the average price level for a fixed basket of capital and consumer goods paid by producers.  The producer price index increased 0.5 percent in March after inching up a modest 0.1 percent in February. Both higher energy and food prices contributed to the gain. Excluding food and energy prices, the PPI rose 0.2 percent in March after a 0.1 percent hike in February. The Bureau of Labor Statistics is hoping to hold to the originally scheduled date for the PPI, after having problems these past few months. If it can't report on the 13th, it will issue an announcement on the 12th.  [The PPI measures price changes in the manufacturing sector. Inflation at this producer level often gets passed through to the consumer price index (CPI). By tracking price pressures in the pipeline, investors can anticipate inflationary consequences in coming months. Investors need to monitor inflation closely. Just knowing what inflation is and how it influences the markets can put an individual investor head and shoulders above the crowd. Retail Sales, consensus –0.2%, Retail sales increased 1.8 percent in March after a healthy 1 percent rise in February. Indeed, retail sales have increased for six months in a row. Excluding the volatile auto component, retail sales rose 1.7 percent in March after a 0.6 percent hike in February and a 1.5 percent gain in January. It was a good quarter. Will this heady pace continue into the current quarter?  [Retail Sales measure the total receipts at stores that sell durable and nondurable goods.  Consumer spending accounts for two-thirds of the economy, so if you know what consumers are up to, you'll have a pretty good handle on where the economy is headed. Needless to say, that's a big advantage for investors.  The pattern in consumer spending is often the foremost influence on stock and bond markets. For stocks, strong economic growth translates to healthy corporate profits and higher stock prices. For bonds, the focus is whether economic growth goes overboard and leads to inflation. Ideally, the economy walks that fine line between strong growth and excessive (inflationary) growth. This balance was achieved through much of the nineties. For this reason alone, investors in the stock and bond markets enjoyed huge gains during the bull market of the 1990s. Retail sales growth did slow down in tandem with the equity market in 2000 and 2001.

11:00 Federal Reserve Chairman Alan Greenspan delivers a speech via video to the Chicago Federal Reserve Bank's Smart Money conference on financial literacy. Q&A expected.

MAMA:  (www.Mamma.com) Mamma.com Inc., formerly Intasys Corporation, is focused primarily on providing online direct marketing services within the Internet search industry. Through its wholly owned subsidiary, Mamma.com Inc., the Company is a provider of meta-search and online direct marketing services and technologies. Its wholly owned subsidiary, Intasys Billing Technologies, further provided global wireless Internet-compatible billing and customer care information systems. The Company also holds minority interests in analog integrated circuit (IC) products, new media and telecommunications sectors. In February 2004, the Company sold Intasys Billing Technologies to ACE*COMM Corporation, a global provider of advanced OSS solutions for communications networks.

 

Chart of the Day for WEDNESDAY 05-12-04    


SCMR: Tuesday the stock trended up for the day to closed at ($3.91) plus (-.20c). After-hours the stock surged 13% after the company posted a narrower third-quarter loss and beat by $0.01. The MOM Admins in the voice forum took notice that some muscle players started slowly buy-up the stock right after the close on light volume alerting our members of what was happening where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $4.44. The stock then pulled back to end the after hours session with a last trade of $4.25. Let take a technical look at the numbers for today's trading. Above $4.27 with conformation @ 4.33 the stock can make an upside move to $4.40 then $4.51 providing the futures are moving to the upside into the 9:30 market open. Look for a short trigger at $4.13 with conformation at $$$$ the stock can slide to see $$$$ then $$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Last night SCMRs revenue for the third quarter of fiscal 2004 was $14.7 million, compared with $10.6 million for the third quarter of fiscal 2003. Net loss for the third quarter of fiscal 2004, on a generally accepted accounting principles (GAAP) basis, was $10.6 million or $(0.04) per share, compared with a net loss of $11.9 million, or $(0.04) per share for the third quarter of fiscal 2003. Non-GAAP net loss for the third quarter of fiscal 2004, which excludes stock-based compensation, payroll taxes on stock option exercises, and restructuring charges and related asset impairments, was $9.3 million, or $(0.03) per share, compared with a non-GAAP net loss of $12.1 million, or $(0.05) per share for the third quarter of fiscal 2003. The reconciliation between net loss on a GAAP basis and net loss on a non-GAAP basis is provided in a table immediately following the Unaudited Consolidated Statements of Operations included with this release. Revenue for the first nine months of fiscal 2004 was $30.0 million, compared with $27.4 million for the first nine months of fiscal 2003. Net loss for the first nine months of fiscal 2004, on a GAAP basis, was $35.7 million or $(0.13) per share, compared with a net loss of $45.4 million or $(0.17) per share for the first nine months of fiscal 2003. Non-GAAP net loss for the first nine months of fiscal 2004, which excludes stock-based compensation, payroll taxes on stock option exercises, and restructuring charges and related asset impairments, was $31.0 million, or $(0.11) per share, compared with a non-GAAP net loss of $41.1 million, or $(0.16) per share for the first nine months of fiscal 2003. The reconciliation between net loss on a GAAP basis and net loss on a non-GAAP basis is provided in a table immediately following the Unaudited Consolidated Statements of Operations included with this release. "Sycamore's third quarter financial results reflect initial purchases of our optical switches for the GIG-BE project," stated Daniel E. Smith, Sycamore's president and chief executive officer. "While the optical switching market environment remains difficult, we continue to work to address Sycamore's opportunities and challenges."

Keep in mind today that at– 8:30 International Trade consensus numbers are set to be posted. $-43.08  The international trade deficit on goods and services narrowed in February to $42.1 billion due to a 4 percent hike in exports that surpassed the 1.6 percent gain in imports. The trade deficit was the smallest in three months. Stronger economic growth in the U.S. could boost import demand despite the relatively weaker foreign exchange value of the dollar.  -[International Trade measures the difference between imports and exports of both tangible goods and services. The level of the international trade balance, as well as changes in exports and imports, indicate trends in foreign trade.  Imports indicate demand for foreign goods and services here in the U.S. Exports show the demand for U.S. goods in overseas countries. The dollar can be particularly sensitive to changes in the chronic trade deficit run by the United States, since this trade imbalance creates greater demand for foreign currencies. The bond market is also sensitive to the risk of importing inflation. This report gives a breakdown of U.S. trade with major countries as well, so it can be instructive for investors who are interested in diversifying globally. For example, a trend of accelerating exports to a particular country might signal economic strength and investment opportunities in that country.  Exports grow when foreign economies are strong. The weaker the foreign exchange value of the dollar, the less expensive goods and services are to foreigners, and this also helps spurt export activity. Imports grow when U.S. economic growth is robust. Imports are also spurred by a strong foreign exchange value of the dollar.  The international trade balance has posted a deficit almost continuously since the 1980s. Any trade deficit is a drag on U.S. GDP growth, but a smaller deficit adds to growth, while a larger deficit decreases GDP growth.]  14:00 EST Treasury Budget, consensus $18 Billion.  A monthly account of the surplus or deficit of the federal government. Changes in the annual fiscal year deficit are followed as an indicator of budgetary trends and the thrust of fiscal policy.  The federal budget usually records a large surplus in April due to the large number of tax receipts for the month. In the past 10 years, the April surplus has averaged nearly $94 billion. The April surpluses in fiscal years 2002 and 2003 were smaller, roughly one-half to two-thirds of the 10-year average.  [The budget data have several direct and indirect meanings for the financial markets. The most direct has to do with the size of the budget deficit and bonds. The higher the deficit, the more Treasury notes and bonds the government must sell to finance its operation. From there it's simple supply and demand -- if demand is constant but the supply of bonds goes up, the price goes down. The same is true if the deficit falls or is eliminated altogether -- the government needs to sell fewer Treasury bonds, so the supply drops and the price of T-bonds rises.  Treasury bonds are the government's way of borrowing money, so lower deficits mean a smaller supply of T-bonds and (again, assuming constant demand) higher prices. With bonds, higher prices are equated with lower yields, so in this example, the government gets to borrow money at lower interest rates. That impact ripples across all other interest rate-bearing securities and creates a lower interest-rate environment for stocks, which is bullish.  In addition to following the trend in the budget deficit or surplus, investors can gain valuable insight to the state of the economy by looking at the government's tax receipts. Higher tax receipts have been a key reason for the improved deficit situation in recent years, and they reflect the strong economic conditions.  

SCMR:  (www.sycamorenetworks.com) Sycamore Networks, Inc. develops and markets intelligent optical networking products that are designed to enable telecommunications service providers to cost-effectively and easily transition their existing fiber-optic network into an infrastructure that can manage and deliver economic, high-bandwidth services to their customers. Its intelligent optical networking product portfolio includes fully integrated edge and core optical switching products, network management products and network design and planning tools. The Company also offers engineering, furnishing, installation and testing services, as well as customer support from multiple locations worldwide.
 

Chart of the Day for TUEDAY 05-11-04 


PSUN: Tuesday the stock trended down for the day to closed at ($20.49) off (-.02c). After-hours the stock moved up before the Co reported 56.7% increase in revs over Q1 2003. The MOM Admins in the voice forum took notice that some muscle players started slowly buy-up the stock right after the close on light volume alerting our members of what was happening where first call player get the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $21.40. The stock then pulled back to end the after hours session with a last trade of $21.17. Let take a technical look at the numbers for today's trading. Above $21.35 with conformation @ 21.42 the stock can make an upside move to $21.78 then $22.92 providing the futures are moving to the upside into the 9:30 market open. Look for a short trigger at $20.97 with conformation at xxxx (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Last night PSUN first-quarter earnings shot up 88% as lower expenses helped leverage a 24% jump in sales and beat by $0.03. The company raised full-year guidance as well. Pacific Sunwear earned $15.0 million, or 19 cents a share, in the latest quarter, compared with earnings $8.0 million, or 10 cents a share, last year. Sales were $245.1 million in the latest quarter compared with $198.3 million a year ago, while same-store sales rose 12.7% from last year.Analysts were forecasting earnings of 17 cents a share on revenue of $240.3 million in the latest quarter. Pacific Sunwear also said it expects to earn $1.31 a share in the full year, compared with estimates of $1.26 a share, and authorized another $25 million stock repurchase after completing a previous authorization in the first quarter. On the other hand futures have been grinding up this morning from 2am on little bounce back from getting pounded Monday.


Keep in mind today, that there we be no major ECO news posted till Wednesday.


PSUN (www.pacificsunwear.com) Pacific Sunwear of California, Inc. is a retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults. The Company operates three nationwide, primarily mall-based chains of retail stores under the names Pacific Sunwear (also known as PacSun), Pacific Sunwear (PacSun) Outlet and d.e.m.o. PacSun and PacSun Outlet stores specialize in board-sport-inspired casual apparel, footwear and related accessories catering to teenagers and young adults. d.e.m.o. specializes in hip-hop music-inspired casual apparel and related accessories catering to teenagers and young adults. In addition, the Company operates a Website that sells PacSun merchandise online, provides content and community for its target customers and provides information about the Company. As of November 10, 2003, the Company operated 664 PacSun stores, 78 PacSun Outlet stores and 121 d.e.m.o. stores for a total of 863 stores in 50 states and Puerto Rico.
 

Chart of the Day for MONDAY 05-10-04 


ADSK: Long Trigger $36.00, Confirmation $36.26, LT1 $36.88, LT2 $37.02, LT3 $$$$. Also if the stock clears above $$$$ with confirmation at $$$$ we could see run up to $$$$, 38.96 then a over all target to hit $$$$  Short Trigger $35.46, Confirmation $35.21, ST1 $34.94, ST2 $34.47, ST3 $$$$. Also below ST3 the stock can easily pull back further to $$$$ using $$$$ as your conformation number then we should see the $$$$. then $$$$ figures come into play as your overall down side number. (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins, coaching you through trades click and join our-> ( platinum forum )~{support what you believe in at MOM}.  Friday the stock trended up to close at ($35.79) plus (+.61c) in a down trending market and seems to be in a major breakout area holding above $35.46.  After-hours the stock went even higher about (+15c) to test just under $36.00 after pulling back off the open market high of $36.88. On the other hand futures have been getting pounded this morning from 2am prompted by sharp declines in the US indices Friday, fears of rate hikes and a bombing off an oil line in IRAQ. Lets see if this major breakout  will fail with all the negitive buzz going around the indices and this Smith doun grade. Keep in mind that global political uncertainty or terrorist attacks can change this at any time. Keep focused on market trend from this point to get clear direction. Remember, before you make any trades, you should check for news on other stocks in the same sector as that the stock you are trading. This news may affect the stock you are trading. Also, stocks tend to resist or support on the round number. Stocks without news need futures direction with trend. Stocks will follow the natural algorithm of the markets movement and usually move to the above numbers, hitting triggers and targets.

Over the weekend Smith Barney downgraded ADSK to hold from a buy on price. Also no major ECO news is to be posted till Wednesday.

ADSK  (www.autodesk.com)  Autodesk, Inc. is a design software and digital content company with two operating segments, Design Solutions and Discreet. The principal products sold by the Design Solutions segment include AutoCAD and AutoCAD LT products. In addition to software products, the segment offers a range of services, including consulting, support and training. The Discreet segment develops, integrates, markets, sells and supports film and television compositing systems, High-Definition and Standard-Definition broadcast editorial and finishing systems, Digital Cinema production systems for color grading and film finishing and animation, visualization and streaming media products. In addition to the customers served by the two operating segments, the Company's Location Services division offers a technology platform designed to deliver location-based applications to wired, mobile and wireless users.
 

Chart of the Day for FRIDAY 05-07-04 


FARO:  Thursday the stock trended down for the day to closed at ($18.31) off (-.92c). After-hours the stock propelled even higher after the Co reported 56.7% increase in revs over Q1 2003. The MOM Admins in the voice forum took notice that some muscle players started slowly buy-up the stock on light volume where first call player get the news before it hit the DJ news wire forcing the stock rocket to the upside to top out at $21.46. The stock then pulled back to end the after hours session with a last trades just under $21.00 . Let take a technical look at the numbers for todays trading. Above $21.50 with conformation @ 21.76 the stock can make an upside move to $22.16 then $22.44 providing the futures are moving to the upside into the 9:30 market open. Look for a short trigger at $20.80 with conformation at xxxx (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Last night FARO reported Q1 (Apr) earnings of $0.20 per share on revenues of $21 mln, 56.7% increase over the $13.4 mln reported in the first quarter of 2003. Co sees Y04 revs of $90-93 mln vs the $71.8 mln reported in 2003. (Note there are no estimates for FARO)

Keep in mind today that at– 8:30 ET Employment Situaton report, Unemployment rate consensus of 5.7 (we also have Nonfarm payrolls, Average Hourly Earnings, and Average Workweek), Nonfarm payrolls increased 308,000 in March (consensus for April is 170,000) after a small 46,000 gain in February. Economists generally believe that the huge increase in March was the first of many. The civilian unemployment rate edged up to 5.7 percent in March as an increase in the labor force outpaced a rise in household employment.  9:30 Treasury Secretary John Snow to give keynote address at the Chicago Fed banking conference.

FARO (www.faro.com) FARO Technologies, Inc. designs, develops, markets and supports portable, software-driven, 3-D measurement systems that are used in a broad range of manufacturing and industrial applications. The Company's principal products are the Faro-Arm Control Station and Control Station Pro (articulated measuring devices), the Faro Laser Tracker and Laser Control Station and their companion Soft Check Tool and CAM2 software, respectively, which provide for computer-aided design (CAD)-based inspection and factory-level statistical process control. The Company's products bring precision measurement, quality inspection and specification conformance capabilities, integrated with CAD software, to the factory floor.
 

Chart of the Day for THURSDAY 05-06-04 

ADRX:  Wednesday the stock trended up for the day to closed at ($25.46) plus (+$1.26). After-hours the stock propelled even higher after the Co posted quarterly earnings that quadrupled and come in ahead by $0.10, boosted by strong sales of generic drugs. The MOM Admins in the voice forum took notice eight  minutes after the bell that some muscle players started slowly buy-up the stock on light volume where first call player get the news before it hit the DJ wire five minutes later forcing the stock rocket to the upside to top out at $27.80. The stock then pulled back to end the after hours session with a last trade of $27.25 at 7:29 PM ET. Let take a technical look at the numbers for todays trading. Above $27.27 with conformation @ 27.41 the stock can make an upside move to $27.57 then $27.91 providing the futures are moving to the upside into the 9:30 market open. (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Last night ADRX said its first-quarter profit quadrupled with the help of strong sales of two recently launched generic drugs. Also earned $26.7 million, or 36 cents per share, compared with $6.4 million, or 9 cents per share, a year earlier. That handily beat analysts' average expectations of a profit of 26 cents per share. Andrx sales jumped 23 percent to $292 million, sparked by the company's recent launches in the United States of generic forms of Schering-Plough Corp.'s fast-dissolving Claritin allergy pill and of Novartis AG's (NOVN.VX) Lotensin tablets for high blood pressure.  Andrx Corporation Earnings Conference Call (Q1 2004) Scheduled to start Thu, May 6, 2004, 8:00 am Eastern,

Keep in mind today that at– 8:30 ET Jobless Claims will be released, consensus of 335K, New jobless claims fell 18,000 in the week ended April 24 to 338,000. This brought the 4-week moving average to 346,500. While the decline in jobless claims showed some promise, the April average is higher than the March average; Productivity and costs, expanded at a 2.6 percent rate in the fourth quarter of 2003. While this was a healthy pace, it appeared downright modest after the 9.5 percent hike recorded in the third quarter. Unit labor costs went down at a 0.4 percent rate in the fourth quarter of 2003 after dropping at a 5.6 percent rate in the third quarter.  9:30 Federal Reserve Chairman Alan Greenspan to give keynote speech at the Chicago Federal Reserve Bank's annual banking conference, in Chicago .

ADRX (www.andrx.com) Andrx Corporation is engaged in the development and commercialization of bioequivalent versions of controlled-release brand name pharmaceuticals, using its proprietary drug delivery technologies, and bioequivalent versions of specialty, niche and immediate-release pharmaceutical products, including oral contraceptives. The Company also develops and distributes brand name or proprietary controlled-release formulations of existing immediate-release or controlled-release drugs. It manufactures and sells bioequivalent versions of Cardizem CD, Dilacor XR, Ventolin, Glucophage, K-Dur and Naprelan. In its brand program, Andrx sells and markets Altocor, its first internally developed brand product, as well as brand products it has acquired or licensed from third parties. It also distributes pharmaceutical products manufactured by third parties, primarily generics, to independent pharmacies, pharmacy chains, pharmacy buying groups and, to a lesser extent, physicians' offices.
 

Chart of the Day for WEDNESDAY 05-04-04 


WWCA:  Tuesday the stock trended up, to closed plus (+0.15c) After-hours the stock was halted before the Co posted earnings . After the numbers where release the stock opend back up to gapped up to 24.55  then shares rose to the $25.00 round number resistance area to pull back to 23.63 during the Co  weak conference call.  After the Q&A on the call the stock bounced back to end the session with a last trade of 23.95. Let take a technical look at the numbers. Above $23.99 with conformation @ 24.18 the stock can make an upside move to $24.44 then $24.88 providing the futures are moving to the upside into the 9:30 market open. (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Keep in mind that WWCA is a provider of mobile phone services in rural U.S. and eight other countries. The Co posted a profit of $31.4 million, or 32 cents a share, compared with a loss of $24 million, or 30 cents a share a year ago. On average, analysts were expecting a profit of (whisper number) 13 cents, according to the street with consensus of .11 cents. Revenue in the quarter rose 37 percent from last year to $448.9 million.Western Wireless said it added 145,200 customers internationally in the first quarter, while domestic customer additions totaled 22,900.Western Wireless shares rose to $24.28 in after-hours trading on INET electronic brokerage system from its closing price of $21.59 on Nasdaq on Tuesday.

Keep in mind today that at– 10:00 the ISM Non-Manufacturing Survey number will be posted, Consensus 65%, showed strong improvement in March. The business activity index, which is considered the most important by many, increased 5 points to 65.8. Any reading above 50 percent indicates an expanding economy. Index levels above 60 percent suggest a strong rate of growth.  [The ISM manufacturing dates back to the 1940s. This new report was started in 1998 and was originally not adjusted for seasonal variation, but the ISM has since established seasonally adjusted figures for several of the ISM non-manufacturing components (including the business activity index) since 2002. As a result, the ISM non-manufacturing survey has received more attention and is almost as widely followed by financial market participants as the regular ISM manufacturing number.]

WWCA (www.westernwireless.com) Western Wireless Corporation is a provider of rural wireless communications services in the United States. The Company's wireless operations are primarily in rural areas. The Company provides wireless services, under the CellularONE and Western Wireless brand names, to approximately 1.2 million subscribers in the western United States using multiple digital and analog technologies. It operates in 88 Rural Service Areas (RSAs) and 18 Metropolitan Service Areas (MSAs) with a combined population of approximately 10 million people. Its network covers approximately 25% of the continental United States in 19 western states. The Company supports its customers through retail locations throughout its service area and through its call centers in Manhattan, Kansas, and Issaquah, Washington.

 

Chart of the Day for TUESDAY 05-04-04 


MVSN:  Monday the stock trended up to closed plus (+0.72c) After-hours the stock ran-up into the Co earnings.  Above $20.00 with conformation @ 20.24 the stock can make an up-side move to $21.00 providing the futures are moving to the up-side. (For more LIVE blow by blow commentary on this stock and others click and join the -> ( platinum forum ) {support what you believe in at MOM}. Macrovision posted a net profit of $10.8 million, or 21 cents per share, compared to a year-earlier profit of $6.9 million, or 14 cents per share. Revenue rose to $38 million from $28.1 million a year earlier.Excluding items, the company posted a profit of 22 cents per share in the quarter. The Co were expecting earnings per share of 14 cents in the quarter on revenue of $31.6 million.For the second quarter the company forecast earnings per share excluding items of 17 cents to 18 cents, and for the year it forecast EPS on the same basis of 85 cents to 87 cents. On the other hand futures have been trending up this morning from 2am. keep in mind that global political uncertainty or terrorist attacks can change this at any time. Keep focused on market trend from this point to get clear direction. Remember, before you make any trades, you should check for news on other stocks in the same sector as that the stock you are trading. This news may affect the stock you are trading. Also, stocks tend to resist or support on the round number. Stocks without news need futures direction with trend. Stocks will follow the natural algorithm of the markets movement and usually move to the above numbers, hitting triggers and targets.

Keep in mind today that at– 9:00  FOMC Meeting Begins.  10:00 Factory Orders, consensus 2.5%, this number went up 0.3 percent in February, offsetting a small portion of January's 0.9 percent drop. However, durable goods orders surged 3.4 percent in March after an upward revised 3.8 percent gain in February. This could help boost March orders and suggests a possible upward revision to February levels as well.  [The orders data show how busy factories will be in coming months as manufacturers work to fill those orders. This report provides insight to the demand for not only hard goods such as refrigerators and cars, but nondurables such as cigarettes and apparel. In addition to new orders, analysts monitor unfilled orders, an indicator of the backlog in production. Shipments reveal current sales. Inventories give a handle on the strength of current and future production. All in all, this report tells investors what to expect from the manufacturing sector, a major component of the economy and therefore a major influence on their investments.]  2:15 FOMC Meeting Announcement, there will be discussion about the significant improvement in the economy and labor market since they last met in mid-March. Most analysts don't expect the Fed to raise rates at this meeting, although many are expecting that the statement will be revised - so that the words "unwelcome fall in inflation" will be removed, and the statement may be changed completely.  However, Fed officials seem to prefer small incremental changes in policy.

MVSN (www.macrovision.com) Corporation develops and licenses rights management and copy protection technologies. The Company's customers include Hollywood studios, independent video producers, enterprise and consumer software vendors, music labels, digital set-top box manufacturers and digital pay-per-view (PPV) network operators. It provides content owners with the means to market, distribute, manage and protect video, software and audio content. Macrovision has four divisions: the video technology division, the enterprise software division, the consumer software division and the music technology division.

 

Chart of the Day for MONDAY  05-03-04

TASR:  Friday the stock trended down to closed off (-$5.50) after the split in a down trending market.  On the other hand futures have been trending up this morning from 2am. keep in mind that global political uncertainty or terrorist attacks can change this at any time. Keep focused on market trend from this point to get clear direction. Remember, before you make any trades, you should check for news on other stocks in the same sector as that the stock you are trading. This news may affect the stock you are trading. Also, stocks tend to resist or support on the round number. Stocks without news need futures direction with trend. Stocks will follow the natural algorithm of the markets movement and usually move to the above numbers, hitting triggers and targets.

Over the weekend in Barrons TASR was mentioned cautiously again and expects slower international growth and even smaller growth in the US markets. Also the Co IOTN may challenge TASR technology noted in Barrons Tech Trader story. From what the story reads the Co. says their technology might be superior to TASR's technology and the Co fled its ray gun technology with the SEC. Also the Co. claims that its laser guided bolt from their gun can stop a car but the Co gun does not need spear projectiles but only a laser guided bolt of electricity.

Keep in mind  Construction Spending consensus of 0.6% went down 0.1 percent in February after decreasing 0.8 percent in January. This was partly due to the drop in housing starts during those months. Housing starts went up in March and this could help boost construction spending for the month as well.  ISM Manufacturing Index, consensus of 63%, this number went up more than one point in March to reach 62.5%. Any reading above 50 percent indicates growth in the manufacturing sector and a level above 60 percent shows very strong growth. Market watchers will also be looking at the prices paid index, which jumped to 86 percent in March. Faster growth often leads to higher raw materials prices, and in turn, inflation.  [The bond market prefers less rapid growth and is extremely sensitive to whether the economy is growing too quickly and causing potential inflationary pressures. The ISM manufacturing data gives a detailed look at the manufacturing sector, how busy it is and where things are headed. Since the manufacturing sector is a major source of cyclical variability in the economy, this report has a big influence on the markets. More than one of the ISM sub-indexes provides insight on commodity prices and clues regarding the potential for developing inflation. The Federal Reserve keeps a close watch on this report that helps it to determine the direction of interest rates when inflation signals are flashing in these data. As a result, the bond market is highly sensitive to this report.

TASR  (www.taser.com )  TASER International, Inc. develops and manufactures less-lethal self-defense devices. From its inception until the introduction in 1994 of its first product, the AIR TASER, the Company was in the developmental stage and focused its efforts on product development, raising capital, hiring key employees and developing marketing materials to promote its product line. The Company's primary product lines include the ADVANCED TASER and the TASER X26. The TASER X26 weapon system introduced to the market a new "shaped pulse" technology, and a new smaller form factor. At the close of 2003, TASER had more than 4,300 United States law enforcement agencies deploying one of its TASER brand weapon platforms, with 506 agencies either completed or in the process of implementing a full deployment of one weapon for each patrol or line officer.