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sylvester80

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sylvester80

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Re: None

Friday, 10/24/2003 11:23:06 AM

Friday, October 24, 2003 11:23:06 AM

Post# of 36150
PREVIEW: For those that follow Agere (which BTW is one of the few stocks that is up today :), they report earnings Tuesday the 28th before market open. Given its recent good performance, IMHO, they will have to beat estimates and guide higher for this run to continue. If the earnings are neutral, then we could retest the bottom of the channel around 2.8-3. If bullish, 4-4.2. I do not expect excessively bullish comments given still the uncertain economy.

JMHO. Good luck to all.

Disclaimer: I'm long Agere so please do your own DD.

"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin

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