PICKS FOR THE NEXT MARKET DAY

REASONS BEHIND THE PICKS

STOCKS TO WATCH NEXT MARKET DAY: All stocks are in play. Check out our Quarterly forecasts for other picks.

Visit our Monthly Stock Picks and Guidance page to read our portfolio picks/recommendations.

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MARKET SUMMARY FOR FRIDAY SEPTEMBER 27TH. 2002

DOW INDUSTRIAL: 7701.45 = -295.67

NASDAQ: 1199.16 = -22.45

AMEX: 824.31 = -11.45

S & P 500: 827.37 = -27.58

MOST ACTIVE STOCKS & SECTORS

The markets closed lower on Friday. The NASDAQ, which dived after 1:00 PM, had a relatively moderate trading volume of over 1.447 billion, while the NYSE had a trading volume of over 1.486 billion shares. Gainers included: Americredit Corp, AOL Time Warner, Applied Materials, Bea Systems, Bionx Implants, Boston Celtics, Bradley Pharmaceuticals, Brightpoint, Carlisle Holdings, Cendant, Citizens inc, Citizens Financial, Crysallex International, Decode Genetics, Devon Energy, Electronic Data Systems (EDS), Emeritus, Equitable Bank, Gabelli Asset Management, Giant Industries, Harmony Gold Mining, Hecla Mining, Hologic, Imanage, Intermune, iShares MSCI Japanese Index Fund, Irwin Financial Corp, Jaclyn, JDS Uniphase, Juniper Networks, Kinross Gold, Leapfrog Enterprises, Leather Factory, Madison Bancshares, Maxco, Maxim Integrated Products, Mercury Air Group, Microchip Technology, Nash Finch Company, Nevada Gold & Casino, New Brunswick Scientifics, Nextel Communications, Northwest Airlines, Oracle, Parker Drilling, PracticeWorks, QLogix, Radiologix, Reed Elsevier Plc, Seneca Foods, Steris Corp, Sun Microsystems, Timberline Software, Veritas Software, Westcorp, and Xilinx.

MAIN REASONS FOR ACTIVITY

• The University of Michigan reported that its September US Consumer Sentiment Index was revised 1 point lower to 86.1.

• US Jobless Claims for weekending September 21st. declined 24,000 to 430,000. The 4-week moving average declined 1,000 to 419,000.

• US Gross Domestic Product (GDP) for Q2 rose a stronger than expected 1.3%, as the PCE Deflator, a good measure of prices paid by US residents, rose 1.2% in the period. Visit our Federal Reserve Monetary Policy Analysis page to read more. Also, visit our expanded message boards to discuss this topic or any other business topic by clicking here.

• Wyett lost 19.12% and took drug shares lower after lowering its full year earnings. Wyett's leading Hormone Replacement Therapies (HRTs), Premarin™ and Pempro™, were hit hard after a government study showed HRTs caused more harm than good.

• SBC Communications lost 7.99% today and took telecommunications and telecommunications equipment makers lower after announcing late yesterday that it will cut 11,000 jobs and curtail capital expenditures.

• Intermune gained 3.86% on market rumors that it might be a takeover target.

• Oil services shares gained again today after Hurricane Isidore devastated US and Mexican oil heartland, the Gulf of Mexico.

• Xilinx gained 0.93% after AG Edwards upgraded it to a "buy".

• Equitable Bank gained 28.0% after BB&T agreed to acquire it for $52.6 million.

• Brightpoint gained 34.46% after buying back another $45 million worth of its convertible notes.

• Bradley Pharmaceuticals gained 10.85% after announcing a $4 million worth of stock buyback plan, and making known that its fiscal Q3 earnings and sales might even beat Wall Street estimates.

• Decode Genetics gained 16.48% after announcing plans to cut about 31% of its workforce, or 650 jobs. Decode Genetics also announced that it has signed a deal with Merck & Co. to develop treatments for Obesity.

• Philip Morris lost 11.40% after warning about its full year outlook.

• Delta Air Lines lost 24.43% after warning that its fiscal Q3 losses will be worst than expected.

• GE lost 7.28% after an army of analysts downgraded it due to earnings worries.

• Visit our Up to the minute market charts covering commodities, derivatives, foreign exchange, futures, interest rates, and global stock markets for the closing numbers worldwide.

PICKS FOR THE NEXT MARKET DAY

REASONS BEHIND THE PICKS

STOCKS TO WATCH NEXT MARKET DAY: All stocks are in play. Check out our Quarterly forecasts for other picks.

Visit our Monthly Stock Picks and Guidance page to read our portfolio picks/recommendations.

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MARKET SUMMARY FOR THURSDAY SEPTEMBER 26TH. 2002

DOW INDUSTRIAL: 7997.12 = +155.30

NASDAQ: 1221.61 = -0.68

AMEX: 835.76 = +11.60

S & P 500: 854.95 = +15.29

MOST ACTIVE STOCKS & SECTORS

The markets closed mixed as the Dow continued its rally, while the NASDAQ lost a fraction on profit taking. The NASDAQ, which was up and down all day, had a relatively heavy trading volume of over 1.666 billion, while the NYSE had a trading volume of over 1.596 billion shares. Gainers included: 21st. Century Insurance, 3M, AAR Corp, Aetna, Amazon.Com, America West Holdings, AMR, A.O. Smith, AOL Time Warner, Ark Restaurants, AT&T, Bank of America, Bridgford Food, Callon Petroleum, Calpine, Celestica, Ciber, Citigroup, Citizens inc, Cognos, Comcast, Dell, Delta Air Lines, Devon Energy, Diamonds® Trust, Duke Energy, EDS, El Paso Corp, Equant NV, ExxonMobil, Financial Select Sector SPDR® Fund, Ford Motor Co, General Motors Co. (GM), Gottschalks, Grupo TMM SA, Home Depot, iShares MSCI Japanese Index Fund, iShares Russell 2000 Trust, IVAX Corp, JP Morgan Chase & Co, Marriott International, Materials Select Sector SPDR® Fund, Mesaba Holdings, Microstrategy, Midwest Express, MIH Holdings Ltd, Modern Times Group, Nabors Industries Ltd, Nextel Communications, Nokia, Obie Media, Oce NV, Oil Services HOLDRs® Trust, Philip Morris, Qualcomm, Regent Communications, Reliant Energy, Rexam Plc, S&P Deposit Receipts, Safeway, Shlumberger, Solectron, Southern Pacific Petroleum NL, Super Vision, Talk America Holdings, Tekelec, Texas Instruments, Tyco International, UAL Corp, Usana Health Sciences, Utilities Select Sector SPDR® Fund, Webs® MSCI Canadian Index Fund, West Marine, and Yahoo!

MAIN REASONS FOR ACTIVITY

• US New Home Sales rose 1.9% in August to 996,000 - a new record.

• US Jobless Claims for weekending September 21st. declined 24,000 to 430,000. The 4-week moving average declined 1,000 to 419,000.

• US New Orders for Manufactured Goods declined 0.6% to $178.4 billion in July. Shipments declined 1.3% to $176.5 billion, as Inventories declined 0.2% to $264.0 billion.

• The Conference Board reported that US Help Wanted Index, a good measure of blue collar labor demand, declined 3 points in August to 41. Visit our Federal Reserve Monetary Policy Analysis page to read more. Also, visit our expanded message boards to discuss this topic or any other business topic by clicking here.

• UAL, the parent of United Airlines, gained 33.03% and led airline shares higher after its Union agreed to about $5 billion in wage concessions over 5 years so as to help the carrier get government loan guarantees and continue operations.

• Airliner ATA Holdings lost 9.47% despite getting $148.5 million in conditional government loan guarantees.

• Barrick Gold lost 10.52% after warning about its earnings today.

• Oil services shares gained today after Hurricane Isidore devastated US and Mexican oil heartland, the Gulf of Mexico.

• Martha Stewart Living Omnimedia lost 7.69% after the broker assistant to its founder and chairman, Martha Stewart, is reported to have made a deal with prosecutors.

• Aetna gained 1.10% after announcing plans to cut another 9% of its workforce, or 2,750 jobs.

• Mesaba Holdings gained 14.51% after agreeing to acquire Big Sky Transportation of Billings Montana, for $3.5 million.

• Usana Health Sciences gained 18.08% after raising its fiscal Q3 earnings outlook.

• MIH Holdings gained 37.30% after Naspers acquired its remaining stake and made it its subsidiary.

• Super Vision gained 67.89% after winning a $41.2 million technology theft lawsuit ruling.

• AFTER CLOSE: Cognos is losing in after hours trading despite reporting fiscal Q2 earnings that beat estimates.

• AFTER CLOSE: SBC Communications is still losing after announcing plans to cut 6% of workforce, or 11,000 jobs, and curtail capital spending due to the poor economic conditions.

• AFTER CLOSE: Manugistics is losing in after hours trading after reporting fiscal Q2 net losses that more than doubled, as sales declined 27%. Manugistics still sees weakness ahead.

• AFTER CLOSE: Solectron is losing in after hours trading after reporting fiscal Q4 losses that rose to $2.6 billion, or $3.21 a share, on revenue that declined to $1.3 billion. The huge losses were due to a $2.6 billion charge.

• AFTER CLOSE: Philip Morris is losing in after hours trading after lowering its fiscal 2002 earnings outlook.

• Visit our Up to the minute market charts covering commodities, derivatives, foreign exchange, futures, interest rates, and global stock markets for the closing numbers worldwide.

PICKS FOR THE NEXT MARKET DAY

REASONS BEHIND THE PICKS

STOCKS TO WATCH NEXT MARKET DAY: All stocks are in play. Check out our Quarterly forecasts for other picks.

Visit our Monthly Stock Picks and Guidance page to read our portfolio picks/recommendations.

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MARKET SUMMARY FOR WEDNESDAY SEPTEMBER 25TH. 2002

DOW INDUSTRIAL: 7841.82 = +158.69

NASDAQ: 1222.29 = +40.12

AMEX: 824.16 = +8.56

S & P 500: 839.66 = +20.37

MOST ACTIVE STOCKS & SECTORS

The markets closed higher today due to a technology (especially semiconductor, software and hardware shares) rally on bargain hunting. The NASDAQ, which was up all day, had a relatively heavy trading volume of over 1.695 billion, while the NYSE had a trading volume of over 1.643 billion shares. Gainers included: 3Com, Adobe Systems, Alaris Medical, Alcatel, AMD, American Technical Ceramics, Amgen, Apple, Applied Materials, Applied Micro Circuits, Atmel, Bea Systems, Brocade Communications, Camden National Corp, Ciena, Cisco Systems, Citigroup, Comcast, Concord, Dell, EDS, El Paso Corp, Electronic Arts, EMC Corp, ExxonMobil, Flextronics International, Ford Motor Co, GE, General Motors Co, Grey Wolf, Hewlett Packard, IBM, Idine Rewards, Intel, Intelli-Check, International Power, Intuit, IVAX Corp, JDS Uniphase, JP Morgan Chase & Co, Juniper Networks, Keane, KLA-Tencor, Lowes, Lucent Technologies, Micron Tech, Microsoft, Millennium Pharmaceuticals, Motorola, Nabors Industries Ltd, National Semiconductor, Nextel Communications, Nokia, Novellus Systems, Oracle, Paxson Communications, Peoplesoft, Pfizer, QLogic, Qualcomm, Radiologix, RF MicroDevices, Siebel Systems, Sun Microsystems, Taiwan Semiconductor, Team inc, Texas Instruments, Transmontaigne, Tyco International, United Technologies, Veritas Software, Weyerhaeuser, Xilinx, and Yahoo!

MAIN REASONS FOR ACTIVITY

• The Energy Information Administration (EIA) reported that for weekending September 20th, US Crude oil inventory declined 2.6 million barrels, and Distillates declined 1.6 million barrels.

• The Mortgage Bankers Association (MBA) reported that for the weekending September 20th, its MBA Mortgage Applications Survey Index rose 4.8% to 1183.8. The Purchase Index rose to 359.7. The Refinance Index rose to 5977.2. The 30-year fixed rate mortgages declined to another record low of 5.85%.

• US Existing Home Sales declined in August to 5.28 million units sold. Visit our Federal Reserve Monetary Policy Analysis page to read more. Also, visit our expanded message boards to discuss this topic or any other business topic by clicking here.

• El Paso Corp. gained 33.02% after CS First Boston stated that the recent sell-off on the stock was overdone.

• General Electric (GE) gained 4.98% after announcing that its fiscal Q3 earnings will rise at least 20% - in line with what Wall Street was expecting.

• Cendant lost 13.19% after announcing that its fiscal Q3 earnings will be lower than Wall Street estimates by as much as $175 million, due to low interest rates.

• United Technologies gained 2.97% after reiterating its fiscal 2002 results.

• International Paper gained 4.35% after announcing that its fiscal Q3 earnings will meet Wall Street estimates.

• Hewlett Packard gained 4.48% after its SEC filing revealed that it plans to cut another 1,800 jobs on top of the 15,000 previously announced.

• Micron Tech took advantage of the general semiconductor rally today and gained 3.40%, despite reporting a wider fiscal Q4 loss late Tuesday.

• HomeStore.Com lost 11.63% today after 3 former executives pleaded guilty to the Justice Department and the SEC on charges relating to a 2001 revenue inflation case.

• Tyco International gained 10.38% despite lowering its fiscal Q4 outlook, and announced plans to take a $2.5 billion charge relating to its undersea fiber-optic cable network.

• Visit our Up to the minute market charts covering commodities, derivatives, foreign exchange, futures, interest rates, and global stock markets for the closing numbers worldwide.

PICKS FOR THE NEXT MARKET DAY

REASONS BEHIND THE PICKS

STOCKS TO WATCH NEXT MARKET DAY: All stocks are in play. Check out our Quarterly forecasts for other picks.

Visit our Monthly Stock Picks and Guidance page to read our portfolio picks/recommendations.

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MARKET SUMMARY FOR TUESDAY SEPTEMBER 24TH. 2002

DOW INDUSTRIAL: 7683.13 = -189.02

NASDAQ: 1182.17 = -2.76

AMEX: 815.60 = -15.94

S & P 500: 819.29 = -14.41

MOST ACTIVE STOCKS & SECTORS

The markets closed lower as the Dow closed at its lowest level in 4 years. The NASDAQ, which was up and down all day, had a relatively heavy trading volume of over 1.669 billion, while the NYSE had a trading volume of over 1.673 billion shares. Gainers included: Abgenix, Administaff, Amgen, Apex Mortgage Capital, Applied Biosystems, Applied Materials, Ark Restaurants, Array Biopharmaceuticals, Bennett Environmental, Camden National Corp, Cell Therapeutics, Cellstar, Clark/Bardes, DHB Industries, Digitale Telekabel AG, Drew Industries, Fleming Co, Genesis Energy, Grey Wolf, Hanger Orthopedic Group, Healthsouth, HFB Financial, HLM Designs, Imclone Systems, ING Groep N.V., Intel, IVAX Corp, JDS Uniphase, Kinross Gold, KLA-Tencor, Legato Systems, Lexmark International, Mastec, Maxim Integrated Products, Medtox Scientific, Merrill Lynch Biotechnology HOLDRs® Trust, Micron Tech, Microsoft, Midsouth, Novellus Systems, Oracle, OSI Pharmaceuticals, Palatin Technology, Palm, QLogic, Qualcomm, Revlon, RF MicroDevices, Roadway, Sealed Air Corp, Semiconductor HOLDRs® Trust, Sepracor, Siebel Systems, Specialty Labs, Sunlink Health Systems, Target, Texas Instruments, Union Acceptance Corp, Vasogen, Veritas Software, Viasat, Vivus, W Holding Co, and Xilinx.

MAIN REASONS FOR ACTIVITY

• The Conference Board reported that the US Consumer Confidence Index declined to 93.3 in September - the 4th. straight monthly decline.

• The Bank of Tokyo-Mitsubishi reported that for weekending September 14th, US Chain Store Sales declined 1.7%.

• The Federal Reserve FOMC today decided on US interest rates by .....Visit our Federal Reserve Monetary Policy Analysis page to read more. Also, visit our expanded message boards to discuss this topic or any other business topic by clicking here.

• Palm gained 13.16% today after reporting better than expected results late yesterday.

• Weyerheauser lost 11.94% after warning about its fiscal Q3 earnings.

• Fleming Company gained 19.91% today after announcing that it will dispose of its food retailing business and concentrate on its ever expanding food distribution business.

• DHB Industries gained 14.06% after wining a $15.2 million US Military contract.

• Microsoft gained 0.99% after paying $375 million cash to acquire the makers of Donkey Kong games, Rare.

• Maytag lost 5.02% today after warning about its earnings.

• HLM Designs gained 4.0% after reporting fiscal Q1 operating income that rose 138%, on revenue that rose 14%.

• Lexmark International gained 8.15% after entering into a deal to make printers for PC giant, Dell. Dell lost 0.83%.

• Xerox lost 10.64% today after announcing late yesterday that the US Attorney General's office in Bridgeport Connecticut is investigating its accounting practices.

• Electronic Data Systems (EDS) lost 29.30% after Merrill Lynch downgraded it to the rarely seen "sell" recommendation.

• El Paso lost 29.43% after both Goldman Sachs and JP Morgan downgraded it to a "market perform".

• Veritas Software gained 1.86% after its CFO stated that its fiscal Q3 results will meet Wall Street estimates.

• RF MicroDevices gained 11.76% after raising its fiscal Q3 earnings and revenue outlook.

• Visit our Up to the minute market charts covering commodities, derivatives, foreign exchange, futures, interest rates, and global stock markets for the closing numbers worldwide.

PICKS FOR THE NEXT MARKET DAY

REASONS BEHIND THE PICKS

STOCKS TO WATCH NEXT MARKET DAY: All stocks are in play. Check out our Quarterly forecasts for other picks.

Visit our Monthly Stock Picks and Guidance page to read our portfolio picks/recommendations.

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MARKET SUMMARY FOR MONDAY SEPTEMBER 23RD. 2002

DOW INDUSTRIAL: 7872.15 = -113.87

NASDAQ: 1184.93 = -36.16

AMEX: 831.54 = -9.60

S & P 500: 833.70 = -11.69

MOST ACTIVE STOCKS & SECTORS

The markets closed lower on war and earnings fears, as the NASDAQ closed at its lowest level since 1996. The NASDAQ, which was down all day, had a moderate trading volume of over 1.445 billion, while the NYSE had a trading volume of over 1.345 billion shares. Gainers included: Able Enterprises, Acadiana Bancshares, Agco Corp, Amazon.Com, Ambac Financial, ArtistDirect, Bunge Ltd, Cablevision Systems, Capital Alliance Income Trust, Catalytical Energy, Cole Nation, Commerce One, Diamond Offshore Drilling, Dickie Walker, Digitale Telekabel AG, Dole Foods, Energy Services HOLDRs™ Trust, Genesis Energy, Grubb & Ellis, Hastings Entertainment, Infinity, InfoSpace, International Electronic Services, Lan Chile SA, Made2Manage Systems, Maxus Realty Trust, Mobius Management Systems, Net2Phone, Northwestern Corp, Oilgear Company, Oxford Glycosciences Plc, Palm, Phoenix Footwear, Quantum Fuel Systems Technologies, Reliv International, R.H. Donnelley, Rush Enterprises, Smedvig ASA, Sprint FON Group, Station Casinos, Unilever NV, Unilever Plc, United Guardian, and UQM Technologies.

MAIN REASONS FOR ACTIVITY

• The Conference Board reported that US Index of Leading Economic Indicators declined 0.2% in August, the third monthly decline in a row. The Coincident Index rose 0.1%, while the Lagging Index declined 0.1%. Visit our Federal Reserve Monetary Policy Analysis page to read more. Also, visit our expanded message boards to discuss this topic or any other business topic by clicking here.

• Oxford Glycosciences gained 10.31% after Bayer AG accepted the first protein targets in their research collaboration using Oxford Glycosciences' Proteomics technology.

• Infinity gained 13.98% after the oil explorer and developer maintained First Albany to explore its options about either a sale or merger.

• JDS Uniphase lost 12.62% after warning about its fiscal Q1 sales outlook.

• Microsoft lost 4.70% after Soundview Technology cut its fiscal Q4 2002 revenue and earnings outlook on the software giant, and considers Microsoft to be overpriced.

• R.H. Donnelley gained 0.47% after announcing Sunday that it is paying $2.23 billion for the phone book business of Sprint FON. Sprint FON Group gained today.

• Dole Foods gained 18.37% after CEO David Murdock and family, offered to pay $1.26 billion in cash to acquire the remaining 76% of Dole Foods it doesn't own and take the company private.

• Quantum Fuel Systems Technologies gained after wining a contract to develop fuel cells for Suzuki Motors.

• Qwest Communications International lost 2.11% today after announcing Sunday that it was restating $950 million in revenue and costs, and might restate a further $531 million.

• Peregrine Systems lost 60.78% after filing for chapter 11 protection on Sunday.

• Bunge Ltd. gained 7.36% after raising its fiscal Q3 earnings outlook.

• AFTER CLOSE: Black & Decker stated that its fiscal Q3 results will either meet or exceed estimates.

• AFTER CLOSE: Palm is losing in after hours trading after reporting fiscal Q3 loss of 6 cents a share, which beat estimates, but revenue missed by coming in at $172.3 million.

• AFTER CLOSE: Xerox announced late Monday that the US Attorney's Office in Bridgeport Connecticut was investigating its past accounting practices.

• AFTER CLOSE: Maytag is still losing after lowering its fiscal Q3 earnings outlook.

• Visit our Up to the minute market charts covering commodities, derivatives, foreign exchange, futures, interest rates, and global stock markets for the closing numbers worldwide.

PICKS FOR THE NEXT MARKET DAY

REASONS BEHIND THE PICKS

STOCKS TO WATCH NEXT MARKET DAY: All stocks are in play. Check out our Quarterly forecasts for other picks.

Visit our Monthly Stock Picks and Guidance page to read our portfolio picks/recommendations.

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MARKET SUMMARY FOR FRIDAY SEPTEMBER 20TH. 2002

DOW INDUSTRIAL: 7986.02 = +43.63

NASDAQ: 1221.09 = +4.64

AMEX: 841.14 = -2.44

S & P 500: 845.39 = +2.07

MOST ACTIVE STOCKS & SECTORS

The markets closed higher on Friday. The NASDAQ, which was up and volatile all day due to triple witching, had a heavy trading volume of over 1.798 billion, while the NYSE had a trading volume of over 1.765 billion shares. Gainers included: ADC Telecommunications, Allianz AG, Allied Holdings, Altera, Amylin Pharmaceuticals, Anaren Microwave, AOL Time Warner, AT&T, AT&T Wireless, Bennett Environmental, Bio-Rad Labs, Bombay Co, Boyd Brothers Transportation, Carnival Corp, Celeritek, Champion Enterprises, Cisco Systems, Citizens Communications, Comcast, Competitive Technology, Crysallex International, DHB Industries, Diametrix, Diamonds Trust, Electronics Data Systems (EDS), Eli Lilly & Co, EMC Corp, Emergson Radio, Empire Federal Bancorp, ExxonMobil, Flextronics International, Frequency Electronics, GE, Greenman Technology, Harvest Natural Resources, Hewlett Packard, Huffy Corp, IDEC Pharmaceuticals, Jaclyn, JDS Uniphase, Johnson & Johnson, JP Morgan Chase & Co, MEMC Electronics, Meritage Hospitality Group, Microsoft, Motorola, NASDAQ 100 Trust, Nextel Communications, Nokia, Ocwen Financial, Oil States International, Paxson Communications, Pelican Financial, PMC Capital, Qualcomm, Roanoke Electric Steel Co, Royal & Sun Alliance Plc, Six Continents Plc, Six Flags, Software HOLDRs® Trust, Solutia, Sothebys Holdings, Sports Restaurants International, Sprint PCS Group, Sun Microsystems, Tektronix, Tipperay Corp, Toreador Resources, Ultra Petroleum, Utah Medical Products, VCA Antech, Wal-Mart, and Yahoo!

MAIN REASONS FOR ACTIVITY

• WEEKEND NEWS: Qwest Communications International announced on Sunday that it will restate about $950 million in revenue and cost relating to the sale of optical network capacity. Qwest also announced it might restate another $531 million relating to other deals.

• WEEKEND NEWS: R.H. Donnelley announced on Sunday that it is paying $2.23 billion to acquire the phone book business of Sprint.

• WEEKEND NEWS: Software company, Peregrine Systems, announced Sunday that it has filed for chapter 11 bankruptcy protection, and it will sell its Remedy unit to BMC Software for $350 million. Peregrine Systems also plans to sue Andersen LLP for $1 billion for misleading it about its bad financial status.

• Visit our Federal Reserve Monetary Policy Analysis page to read more. Also, visit our expanded message boards to discuss this topic or any other business topic by clicking here.

• Texas Instruments lost 7.34% after Goldman Sachs downgraded it and cut its price target.

• Qualcomm gained 9.17% after announcing that its mobile phone chip sales is higher than expected.

• Amylin Pharmaceuticals gained 12.10% after Eli Lilly agreed to acquire a stake in it, and co-develop and market Amylin's experimental Diabetes drug. Eli Lilly gained 1.83% on the news.

• Carnival gained 8.07% after reporting fiscal Q3 earnings of 85 cents a share, a 1% increase and well above First Call estimates.

• Duke Energy lost 4.76% after lowering its fiscal 2002 earnings outlook, and announcing that it will take a fiscal Q3 charge.

• Celeritek gained 15.72% after disclosing that it has received an unsolicited takeover offer from Anaren Microwave. Anaren gained 1.91%.

• Six Continents Plc. gained 9.61% after announcing that it was considering spinning off its Pub operations in the UK.

• Champion Enterprises gained 31.22% after amending a $150 million warehouse line of credit with CS First Boston.

• Visit our Up to the minute market charts covering commodities, derivatives, foreign exchange, futures, interest rates, and global stock markets for the closing numbers worldwide.

PICKS FOR THE NEXT MARKET DAY

REASONS BEHIND THE PICKS

STOCKS TO WATCH NEXT MARKET DAY: All stocks are in play. Check out our Quarterly forecasts for other picks.

Visit our Monthly Stock Picks and Guidance page to read our portfolio picks/recommendations.

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