Jump to content

B4 The Bell Humpday March 31,2004


Guest yobob1

Recommended Posts

  • Replies 218
  • Created
  • Last Reply

7:27AM ELX downgrade details 22.77: -- Update -- ThinkEquity downgrades Emulex to Equal-Weight from Overweight and cuts their target to $26-$29 from $33-$35 following Qlogic's warning (see 7:03 and 7:06 comments); firm believes that the primary source of weakness for Qlogic was Sun Micro, to which Emulex has little exposure, and that Qlogic's miss was exacerbated by continued softness in its hard drive controller business, to which Emulex has no exposure; however, firm believes that H-P was also to blame, and since H-P is a 25% customer of Emulex, they are downwardly adjusting unit assumptions.

 

24-Oct-03 ThinkEquity Upgrade from Equal Weight to Overweight

(price was $27.12 on 24-Oct-03)

 

Wonder if these guys have any other recommendations? :blink:

Link to comment
Share on other sites

All That Glitters

 

Is Not Golden, Doc Worries

 

Your Golden Stool, including short and long term updated charts and price targets, is loaded. Even if you are not a goldbug, you should check out the Golden Stool. It's in your Anals daily. Take a subscribatory and download the Golden Stool RIGHT NOW!

 

30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW!

Link to comment
Share on other sites

Gasoline futures rose to their highest price in at least 18 years in New York after an explosion at a BP Plc refinery in Texas heightened concerns about fuel shortages as the peak summer driving season approaches.

 

"This fire has really captured the market's attention given how tight gasoline inventories are already,'' said Dave Thomas, an oil anal cyst at Commerzbank Securities in London. "The refinery is a major U.S. gasoline supplier so any units that are down are a concern given the driving season is just around the corner.''

 

The fire follows a March 25 alert from the Federal Bureau of Investigation that Texas refineries may be attacked by terrorists. BP spokesman Scott Dean said "we have no reason to believe that it's any sort of attack.''

 

Yeah, uh-huh

Link to comment
Share on other sites

DJ Libya Oil Min: 2Q Worry Will Enforce Stricter Compliance

 

VIENNA (Dow Jones)--Libya's Oil Minister Fathi bin Shatwan said Wednesday that a sharp fall in second-quarter demand will be the spur for OPEC members to rein in their output.

 

Speaking shortly after ministers opted to stick with their previously agreed output ceiling cut of 1 million barrels a day from April 1, he tried to allay skepticism that OPEC doesn't have the willpower to enforce such a cuts.

 

Dow Jones Newswires

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...