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Dear Subscriber, please note that you are receiving this email because
you have opted into our FREE daily market analysis newsletter. If you would like to be removed from our list, reply to this email with remove in the subject line. Thank you! May 30th, 2001 RealTimeTraders.com offers free real-time stock alerts throughout the day. Why pay for chat rooms and stock pickers for old news? Morning Watch List This section contains 6 stocks that are expected move in 1 to 5 days. Click here for this morning's Watch List Stocks: http://www.realtimetraders.com/marketinfo/watchlist.asp Beyond The Numbers Nasdaq drops below support Tuesday technology stocks continued to trend lower as investors received more evidence a recovery in the tech sector may not occur as quickly as some analysts had been predicting. On the session the Nasdaq Composite lost 75 points and closed below the 2200 level at 2175. Dow Industrial was able to post a modest gain and remain above the 11,000 support level. After the close Sun Microsystems Inc. lowered their estimates and said demand continues to be weak. This morning two of the leading brokerages are making a lot of negative comments about the semiconductor stocks and some cautious comments on Juniper Networks and downgraded the stock. Given all the negative news in the market this morning, we expect the Nasdaq to continue to come under pressure and the Dow to break below the 11,000 level. As of this writing the Dow futures are lower by 46 points, and the Nasdaq futures are lower by 30 points. Stocks to Watch After the close Alcatel (ALA) and Lucent Technologies (LU) announced their discussions concerning a possible merger of equals have been terminated. As a result both stocks rebounded slightly in after-hours trading, but this morning Alcatel is lowering its guidance. As mentioned above, after the close Sun Microsystems (SUNW) warned it will not meet its previous estimates for the fourth quarter and lowered its revenue estimates to be between $3.8 billion and $4 billion. This figure is significantly lower than the $5 billion in the sameperiod last year and $4.1 billion in the third quarter of this year. The company went on to say US demand is worse than expected, and more importantly the company is starting to see weakness in both Europe and Asia. Sector Analysis Semiconductors remains under pressure Readers may recall that since last Tuesday we have been warning the semiconductor sector will come under pressure as a result of the negative book to bill number. The sector has lost 71 points or 10.1% since the book to bill number came in at a 10 year low. Now after 5 days of trading and a 10% decline all the major brokers have woken up and are cutting estimates on some of the leading semiconductor stocks. We find it amazing these so called analysts always make their call after the stocks have moved so much. Tuesday morning Morgan Stanley is cutting their estimates on Texas Instruments (TXN) and National Semiconductor (NSM). Dan Niles of Lehman Brothers is lowering his estimates on Cypress Semiconductor (CY) and Micron Technology (MU). Mr. Niles has lowered his 2001 estimates on Micron by 50% to 0.25 from 0.50 cents. Economic Reports & Bond Markets Tuesday the long bond traded in a range and finished the session virtually unchanged. There are no major economic reports due out on Wednesday. Market Breadth Tuesday's NYSE advance/decline reading was 1409/1678 Vs. Friday's reading of1388/1632 Tuesday's Nasdaq advance/decline reading was 1362/2476 Vs. Friday's reading of 1849/1954 New Highs and New Lows Tuesday's NYSE new high/lows was 142/28 Vs. Friday's reading of 114/14 Tuesday's Nasdaq new high/lows was 124/30 Vs. Friday's reading of 153/28 Important Market Moving News Visit our Before The Bell page -Http://www.realtimetraders.com/sp/beforethebell.asp for the most important news that may effect your portfolio. This page also provide information on stocks that are going to gap open higher/lower and the reasons if any. We also alert traders to the actively traded stocks before the bell. Upgrades / Downgrades / Coverage Initiations Click on the following link for today's upgrades.http://www.realtimetraders.com/marketinfo/g_minfo.asp?page=upgrades Click on the following link for today's downgrades.http://www.realtimetraders.com/marketinfo/g_minfo.asp?page=dngrades Click on the following link for today's new coverage initiationshttp://www.realtimetraders.com/marketinfo/g_minfo.asp?page=coverage Please remember that we will only be able to continue to offer our service FREE of charge and add other valuable content to our site if we have enough subscribers. So please pass the word around about our free services to your friends, colleagues, and family members. Also if you use any newsgroups, chat rooms or forums, we would greatly appreciate if you can post a message or two about our services. Thank you. Some of Today's Key Earnings Releases Click here for a complete list of today's earnings. http://www.realtimetraders.com/earnings/earnings.asp Company Name Expected earnings Symbol Alloy Online -0.22 ALOY La-Z-Boy 0.28 LZB Michaels Stores 0.28 MIKE Tech Data 0.50 TECD Toll Brothers Inc. 0.98 TOL Disclaimer All information provided in this email is for informational purposes only. RealTimeTraders.com obtains data from sources it believe to be reliable. RealTimeTraders.com nor its content providers guarantee the accuracy of the content. Although the opinions expressed here are based on sound judgement, experience, and research, no warranty is given or implied as to their true reliability. The responsibility for decisions made from information contained in this email lies solely with the individual making those decisions. RealTimeTraders.com DOES NOT offer investment advice. Consult your financial advisor for all your investment decisions. Do not rely on this publication alone to make your investment decisions. By using the information contained in this email the user acknowledges that he/she has read RealTimeTraders.com's User Agreement http://www.realtimetraders.com/realtimetraders/disclaimer.htm and agree to all terms and conditions.
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