IIC's Winners Watchlists

[IIC]

Naz reacts:

14:34 ET Greenspan: US Banks Prepared For Rise In Interest Rates; Pace Of Bank Mergers May Accelerate -- DJ :

Support at 1990

[IIC]

Today's MoMo:

SSPI UPCS ECGI NOBL SWIR SUNN CADA DRAM APCS CKCM NMHC DUSA MUSA MICC RADIF OMTL

Little Charts...

http://tinyurl.com/39y84

[IIC]

NAZ, High RS, New Highs, Closed Up For Day on 1.5x + ADV...

UPCS DRAM APCS MICC RADIF

[IIC]

Today's Analyst Actions:

Time Company Ticker Action Source
5:01pm PETCO Animal Foods PETC initiated with Buy Wedbush Morgan
4:42pm Shell SHE1 TP raised to 440p Deutsche Bank
3:35pm Ethan Allen Interiors ETH downgraded to Underperform Morgan Keegan
3:32pm Artesyn Technologies ATSN upgraded to Strong Buy Raymond James
3:31pm Raindance Communications RNDC upgraded to Equal-weight Pacific Crest Securities
3:25pm AFLAC AFL TP raised to $48 Prudential Financial
2:59pm 3M MMM TP raised to $105 Banc of America
2:34pm Brunswick BC TP raised to $47 Prudential Financial
2:28pm Semiconductor Manufacturing International MKN1 initiated with Sell Banc of America
1:51pm Adecco ADI1 downgraded to Sell Dresdner Kleinwort Wasser.
1:49pm Smiths Group QS2 TP raised to 740p Dresdner Kleinwort Wasser.
1:21pm Seacoast Banking Corporation of Florida SBCF downgraded to Outperform Raymond James
1:13pm The Midland Company MLAN TP raised to $29 Cochran, Caronia Securities
1:12pm Fidelity Natona FNF initiated with Outperform Bear Stearns
12:54pm Rush Enterprises RUSHA initiated with Buy BB & T Capital Markets
12:38pm Molex MOLX upgraded to Neutral UBS
12:36pm Digital River DRIV upgraded to Buy Miller Johnson Steichen Kin.
12:35pm United Dominion Realty Trust UDR upgraded to Outperform Wachovia Securities
12:33pm Amphenol APH upgraded to Buy UBS
12:32pm Powerwave PWAV TP reduced to $11 Ferris Baker Watts
12:31pm Digital River DRIV TP raised to $33 Deutsche Bank
12:30pm Pixelworks PXLW TP raised to $26 Roth Capital
12:28pm Parker Hannifin PH TP raised to $63 Smith Barney Citigroup
12:28pm Brunswick BC TP raised to $49 Smith Barney Citigroup
12:25pm 3M MMM TP raised to $95 Smith Barney Citigroup
12:24pm Netflix NFLX TP reduced to $34.6 Roth Capital
12:23pm Schneider SND upgraded to Overweight Commerzbank
12:22pm Target Corp TGT TP raised to $52 Prudential Financial
12:21pm AFLAC AFL TP raised to $48 Prudential Financial
12:20pm Eli Lilly LLY TP raised to $72 Prudential Financial
12:18pm Brunswick BC TP raised to $47 Prudential Financial
12:17pm XM Satellite Radio XMSR TP raised to $32 Sanders Morris Harris
12:16pm CNF Inc CNF TP raised to $37 Lazard Freres
12:15pm 3M MMM TP raised to $105 Banc of America
12:14pm WinTrust Financial WTFC TP raised to $55 RBC Capital Markets
12:14pm Bausch & Lomb BOL TP raised to $79 Robert W. Baird
12:13pm Ocular Sciences OCLR TP raised to $38 Robert W. Baird
12:12pm Powerwave PWAV TP reduced to $9 RBC Capital Markets
12:11pm Digital River DRIV TP raised to $32 RBC Capital Markets
12:09pm Brunswick BC TP raised to $52 RBC Capital Markets
12:08pm Stanley Works SWK TP raised to $47 Janney Montgomery Scott
12:07pm PFF Bancorp PFB TP reduced to $38 Friedman,Billings,Ramsey &Co
12:06pm Community Banks CMTY TP reduced to $30 Janney Montgomery Scott
12:05pm Range Resources RRC TP raised to $15.4 Friedman,Billings,Ramsey &Co
12:01pm Kennametal KMT TP raised to $50 Morgan Stanley
12:00pm 3M MMM TP raised to $105 Morgan Stanley
12:00pm Wachovia WB TP raised to $53 Morgan Stanley
11:59am BancorpSouth BXS downgraded to Underperform Morgan Keegan
11:57am Salem Communications SALM TP raised to $32 Credit Suisse First Boston
11:56am Manpower MAN TP raised to $56 Credit Suisse First Boston
11:54am Activision ATVI TP raised to $19 Credit Suisse First Boston
11:52am Brunswick BC TP raised to $43 Credit Suisse First Boston
11:52am SES Global SES TP raised to €9.2 Morgan Stanley
11:51am Wachovia WB TP raised to $48 Credit Suisse First Boston
11:50am Kraft Foods KFT TP raised to $32 Credit Suisse First Boston
11:49am Holcim HCMCF TP raised to CHF68 Morgan Stanley
11:48am PeopleSoft PSFT TP reduced to $25 Schwab Soundview
11:47am Radio One ROIA TP raised to $25 Schwab Soundview
11:46am Interpublic Group IPG TP raised to $23 Schwab Soundview
11:44am Lafarge CIL TP raised to €76.6 Morgan Stanley
11:44am Fannie Mae FNM TP reduced to $116 Piper Jaffray
11:43am Powerwave PWAV TP reduced to $12 Think Equity Partners
11:42am Cox Communications COX TP reduced to $32 Credit Suisse First Boston
11:41am Comcast CMCSA TP reduced to $32 Credit Suisse First Boston
11:38am Netopia NTPA TP reduced to $10 WR Hambrecht & Co
11:35am Verisign VRSN downgraded to Underperform Goldman Sachs
11:33am Westar Energy WR initiated with Buy Hibernia Southcoast Capital
11:33am Check Point CHKP upgraded to In-Line Goldman Sachs
11:32am Yankee Candle Company YCC downgraded to In-Line Goldman Sachs
11:31am Tempur Pedic TPD upgraded to Outperform Goldman Sachs
11:27am Keystone Property Trust KTR initiated with Hold A.G. Edwards & Sons
11:26am Axcelis Technologies ACLS initiated with Buy D.A. Davidson
11:25am Rush Enterprises RUSHA initiated with Buy BB & T Capital Markets
11:23am SupportSoft SPRT TP reduced to $15 First Albany
11:23am FalconStor Software FALC initiated with Strong Buy Roth Capital
11:23am PETCO Animal Foods PETC initiated with Buy Wedbush Morgan
11:21am Tractor Supply Company TSCO initiated with Hold Wedbush Morgan
11:19am PETsMART PETM initiated with Buy Wedbush Morgan
11:18am BEA Systems BEAS initiated with Neutral Oppenheimer
11:18am Alliance Gaming AGI initiated with Buy Merriman Curhan Ford & Co
11:16am Semiconductor Manufacturing International MKN1 initiated with Sell Banc of America
11:15am VCA Antech WOOF initiated with Buy Banc of America
11:12am Activision ATVI initiated with Outperform Schwab Soundview
11:09am Electronic Arts ERTS initiated with Outperform Schwab Soundview
11:08am Ashland ASH initiated with Overweight J.P. Morgan Securities
11:07am Isle of Capri Casinos ISLE initiated with Neutral J.P. Morgan Securities
11:02am Donegal Group DGICA downgraded to Hold Legg Mason
11:01am THQ THQI initiated with Neutral Schwab Soundview
11:01am Take-Two TTWO initiated with Neutral Schwab Soundview
11:00am TODCO TDH initiated with Reduce UBS
10:54am Linktone LIR initiated with Mkt Perform Piper Jaffray
10:53am deCODE genetics DCGN initiated with Outperform Piper Jaffray
10:52am CuraGen CRGN initiated with Underperform Piper Jaffray
10:45am Carizzo Oil & Gas CRZO initiated with Sector Perform CIBC World Markets
10:45am Redback Networks RBAK initiated with Sector Perform CIBC World Markets
10:43am Cash America International PWN initiated with Overweight Think Equity Partners
10:42am First Cash Financial Services FCFS initiated with Overweight Think Equity Partners
10:40am Steel Technologies Inc STTX downgraded to Hold BB & T Capital Markets
10:39am Chelsea Property CPG downgraded to Neutral Merrill Lynch
10:37am Ingersoll-Rand IR TP raised to $86 Robert W. Baird
10:36am TriZetto Group TZIX downgraded to Neutral Roth Capital
10:35am Eclipsys ECLP downgraded to Buy Roth Capital
10:34am Comstock Resources CRK downgraded to Mkt Perform Friedman,Billings,Ramsey &Co
10:33am Donegal Group DGICA downgraded to Hold Legg Mason
10:31am Franklin Resources BEN upgraded to Buy A.G. Edwards & Sons
10:30am Alamosa Holdings QA6 upgraded to Strong Buy Raymond James
10:28am ElkCorp ELK upgraded to Buy BB & T Capital Markets
10:26am Summit Properties SMT upgraded to Buy Merrill Lynch
10:24am CBL & Associates CBL upgraded to Neutral Merrill Lynch
10:22am Baxter International BAX upgraded to Outperform William Blair & Co
10:22am PrivateBancorp PVTB upgraded to Outperform Raymond James
10:21am Molex MOLXA upgraded to Neutral UBS
10:19am CNF Inc CNF upgraded to Neutral Schwab Soundview
10:18am Massey Energy MEE upgraded to Neutral Credit Suisse First Boston
10:16am CNF Inc CNF upgraded to Buy Merrill Lynch
10:15am Panera Bread PNRA upgraded to Outperform Thomas Weisel Partners
10:14am Hughes Supply HUG TP raised to $64 Robert W. Baird
10:09am Amazon.com AMZN upgraded to Hold Smith Barney Citigroup
10:08am Accredo Health ACDO upgraded to Neutral Schwab Soundview
10:07am Protein Design Labs PDLI upgraded to Mkt Outperform JMP Securities
10:05am Baxter International BAX upgraded to Neutral J.P. Morgan Securities
10:04am Amphenol APH upgraded to Buy UBS
10:04am EMC Corp EMC upgraded to Buy UBS
9:47am Iberdrola IBE downgraded to In-Line Delta Lloyd Securities
9:34am Hormel Foods HRL TP raised to $34 D.A. Davidson
8:59am Meggitt MGI upgraded to Buy Deutsche Bank
8:50am Macro 4 MAO upgraded to Buy Arbuthnot
8:48am Ask Jeeves ASKJ upgraded to Outperform Piper Jaffray
8:42am Unit UNT downgraded to Outperform Raymond James
8:40am Reckitt Benckiser RCU TP raised to 1575p Deutsche Bank
8:22am Inmobiliaria Colonial IMZ downgraded to Hold Deutsche Bank
8:21am Nokia NOK upgraded to Buy Hilliard Lyons
7:23am Novell NOVL initiated with Mkt Perform JMP Securities
7:22am Holidaybreak HBR downgraded to Sell Arbuthnot
6:41am Wal-Mart WMT TP reduced to $56 Prudential Financial
6:31am Reckitt Benckiser RCU TP raised to 1600p J.P. Morgan Securities
6:18am Fraport FRA initiated with Neutral UBS
6:17am William Hill WHI downgraded to Neutral UBS
6:17am Barclays BCY TP raised to 645p UBS
5:25am Westport Resources WRC downgraded to Underweight J.P. Morgan Securities
5:09am MIND CTI MNDO initiated with Buy Miller Johnson Steichen Kin.
5:04am Dillard's DDS upgraded to Buy A.G. Edwards & Sons
5:00am SEI Investments SEIC downgraded to Mkt Perform Barrington Research
4:50am MDC Holdings MDC downgraded to Mkt Perform Parker Hunter
4:30am ImClone IMCL initiated with Buy WR Hambrecht & Co
3:35am Homestore HMZ initiated with Buy American Technology Research
2:38am Red Hat RHAT initiated with Mkt Outperform JMP Securities
1:45am World Health Alternatives WO4 initiated with Buy JM Dutton & Associates

[IIC]

QQQ +.20
FUTS +6.50

A/H Gainers:

[code:1:bd0fd9949f]Symbol Company Name Last Change Change % Volume

CPCI Ciprico Inc 6.43 +1.19 +22.71% 2,500

MOT Motorola, Inc. 19.80 +3.58 +22.07% 15,787,000

EZPW EZCORP Inc Cl A Non-Vtg 12.14 +1.57 +14.85% 20,600

CACS Carrier Access Corp 12.90 +1.66 +14.77% 31,818

PRL Prolong Intl Corp 0.27 +0.03 +12.50% 10,000

PCLE Pinnacle Systems Inc 9.84 +1.07 +12.20% 9,902

TIK Tel Instr Electrs Corp 5.50 +0.52 +10.44% 500

LMIA Lmi Aerospace Inc 1.87 +0.17 +10.00% 3,620

SWKS Skyworks Solutions Inc 12.16 +1.05 +9.45% 281,590

MKSI Mks Instrument Inc 22.85 +1.90 +9.07% 58,100

CVTX CV Therapeutics Inc 15.75 +1.08 +7.36% 11,905

CHDX Chindex International Inc 12.50 +0.84 +7.20% 200

ENTU Entrust Inc 4.30 +0.28 +6.97% 20,063

ECOL American Ecology Corp 11.50 +0.73 +6.78% 800

DIO Diomed Holdings Inc 0.16 +0.01 +6.67% 6,000

BFLY Bluefly Inc 3.04 +0.18 +6.29% 236,092

VLFG Valley Forge Scientifi ... 2.08 +0.12 +6.12% 1,700

AICX Applied Imaging Corp 1.57 +0.09 +6.08% 800

OVTI Omnivision Technologie ... 27.00 +1.50 +5.88% 39,039

CECO Career Education Corp 66.02 +3.52 +5.63% 187,831

ADST Adstar Inc 2.38 +0.13 +5.56% 46,500

SHEN Shenandoah Telecommuni ... 26.95 +1.35 +5.27% 351

VNWI Via Net Wrks Inc 1.21 +0.06 +5.22% 13,050

SGTL Sigmatel Inc 26.25 +1.30 +5.21% 48,690

BCGI Boston Communications ... 11.52 +0.57 +5.21% 26,700
[/code:1:bd0fd9949f]

[IIC]

For Wed. 4/21/04

Resistance:

2155
2095
2079
2069
2052
2000-VERY STRONG

Support:

1923
1897
1887
1878

Additionally, there could be some minor resistance in the 2015-2022 area and the high 2030's. There are also some areas of minor support at 1960-1966, 1950 and 1938.

[IIC]

Tokyo up a fraction at Lunch Time

http://www.tse.or.jp/EREALIDX/def01.html

Naz Futs +9.5

I think we will have a little problem getting past 2000 in the morn though...IIC

[IIC]

Wednesday's MoMo

COSI POSO HOLL DRAM APPA ASPM ALAN MAGS WITS MXWL DUSA CYPB IVAN CYBS MUSA HUBG NMSS AIRN EPEX PLXT PCSA LCAV ALDN KENT

Little Charts:

http://makeashorterlink.com/?I31B22718

[IIC]

Naz, High RS, New High, Closed Up on 1.5x + ADV...DRAM APPA MXWL CYBS MUSA HUBG NMSS AIRN PLXT LCAV ALDN KENT

[IIC]

NAZ S/R...

RESISTANCE...
2154
2095
2079
2069
2052
2029
1999-(VERY STRONG)...
SUPPORT...
1923
1897
1887
1878...

Just couldn't get through that 1999-2000 Support today...It would be very positive if we could blow through it...but I'm not counting on it Thursday however the short term A/D and Vol U/D indicate we will...Additionally, There is very weak resistance at the 2015-2020 level and very weak support at 1950

[IIC]

Early Analyst Actions

Time Company Ticker Action Source
8:23am Lexicon Genetics LEXG initiated with Buy Williams Capital
8:09am Electrolux ELX TP reduced to SKr161 J.P. Morgan Securities
7:53am Prudential PLC PRU downgraded to Neutral J.P. Morgan Securities
7:43am PepsiCo PEP TP raised to $62 Jyske Bank
7:26am Net2Phone NTOP initiated with Neutral J.P. Morgan Chase & Co.
7:09am Luminex LMNX TP raised to $9 Robert W. Baird
7:07am SBC Communications SBC upgraded to Neutral Robert W. Baird
6:49am Autonomy Corp AUY upgraded to Buy UBS
6:45am Infineon Technologies IFX downgraded to Neutral UBS
6:43am Slough Estates SLOU downgraded to Neutral UBS
6:28am Genlyte GLYT TP raised to $64 Robert W. Baird
6:19am Packaging Corporation of America PKG upgraded to Neutral J.P. Morgan Securities
6:06am Maxtor Corp MXO TP reduced to $10 Robert W. Baird
6:04am Carpenter Technology CRS upgraded to Neutral J.P. Morgan Securities
6:04am Infineon Technologies IFX TP reduced to €10 Deutsche Bank
5:54am Covance CVD TP raised to $40 Robert W. Baird
5:30am CNF Inc CNF TP raised to $38 Prudential Financial
5:28am Stewart & Stevenson SVC downgraded to Neutral Weight Robert W. Baird
5:18am Certegy CEY TP raised to $41 Robert W. Baird
5:05am PMC-Sierra PMCS TP reduced to $14 Prudential Financial
4:50am Analog Devices ADI downgraded to Neutral Weight Prudential Financial
4:44am Agere Systems AGR.A downgraded to Underweight Prudential Financial
4:41am Circor International CIR downgraded to Neutral Robert W. Baird
4:38am STMicro SGMR downgraded to Underweight Prudential Financial
4:32am Ametek AME TP raised to $30 Robert W. Baird
4:24am Maxim Integrated MXIM upgraded to Overweight Prudential Financial
4:15am Marvell Technologies Group MRVL downgraded to Underweight Prudential Financial
4:01am Xilinx XLNX TP reduced to $46 Prudential Financial
3:50am Safeco SAFC TP raised to $47 Prudential Financial
2:05am Texas Instruments TXN downgraded to Neutral Weight Prudential Financial
1:25am Aladdin Knowledge Systems ALDN TP raised to $28 Dougherty & Company
1:21am ImClone IMCL initiated with Outperform Friedman,Billings,Ramsey &Co
1:20am Aeroflex ARXX initiated with Above Average Caris & Company
1:19am Safeco SAFC downgraded to Hold Ferris Baker Watts
1:18am Ista Pharmaceuticals ISTA downgraded to Neutral Roth Capital
1:15am Computer Associates SZP downgraded to Hold Janney Montgomery Scott
1:14am Pericom Semiconductor PSEM downgraded to Sector Underperform CIBC World Markets
1:13am Outback Steakhouse OSI downgraded to Mkt Perform Raymond James
1:11am Brinker EAT downgraded to Mkt Perform Raymond James
1:09am Hon Industries HNI upgraded to Buy Ferris Baker Watts
1:08am Informatica INFA upgraded to Mkt Perform JMP Securities

[IIC]

Watch GENR

[IIC]

Morning MoMo....ALDA DSWT LCAV ALAN TASR RADIF NMSS RMKR HOLL VION SYNX CKCM DUSA GENR PCSA TLCV DATA PLXT ULGX TBUS ALDN STKR ATRM ABIX IMCL LSCP

[IIC]

WITS...Up 1.6% today and 6.2% A/H...up 27% from yesterday's low incl. A/H...I'm a happy camper after my LCAV fiasco...IIC

"We experienced solid operating results during the quarter. Our adjusted earnings of $0.07 per share exceeded our guidance range of $0.04 to $0.06 per share due to stronger than expected revenues. Furthermore, we increased our cash position from $41 million to $48 million," said William Evans, CFO for Witness Systems. "Based on our solid performance over the past three quarters and confidence in our business, we are upwardly adjusting our financial outlook for the full year 2004. This success also enables us to make strategic investments to help ensure sustainable, long-term growth."

The company currently expects to achieve second quarter revenue, excluding hardware, in the range of $31 to $32 million and adjusted earnings of $0.08 or $0.09 per share. For the year, the company anticipates revenue in the range of $125 million to $130 million and adjusted earnings of $0.30 to $0.35 per share. This guidance includes the effect of an investment of approximately $5 million to expand its development capabilities in Asia-Pacific. The investment, which will include duplicative ramp-up, training and severance costs, is expected to be complete by the end of 2004. On a GAAP basis, the company expects to report earnings for the year of $0.15 to $0.20 per share.

[IIC]

Today's MoMo...LCAV HOLL SPAB NMSS ABIX VION ITIG CYPB APCS CADA GENR DATA STKR CAMP NOBL TLCV DUSA ULGX PLXT ERICY AWIN EPEX PCSA ATRM IMCL ASKJ LSCP

Little Charts:

http://tinyurl.com/2hj5e