Flat Mixed Monday

Following Friday’s tech sell-off, stocks are looking at a flat open Monday as
traders continue to digest Friday’s mixed employment numbers. While many were
encouraged by Friday’s indications of economic cooling, the sharp increase
in new jobs left clouds over the chance for February interest rate cuts.

The Dow futures are up 10 points, and the Nasdaq futures are down 12 points.

The S&Ps look to open up a half of a point while the yield on the 10-year
Treasury is holding at 5.16%.

Monday Movers

B2B PurchasePro
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is trading down following a critical article over
the weekend in Barrons. PurchasePro closed Friday at 25 1/8 and is currently
trading down to 21 1/2 in pre-market activity.

Optical network player JDS Uniphase
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is looking at a down open
Monday. After closing Friday at 50, JDS Uniphase is trading down to 49 in early
morning action.

Microsoft
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is one of the few techs looking at a positive open.
Microsoft closed Friday down 1 1/2 to 60 13/16 and is trading up to 61 in
pre-market activity.

Exodus
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has drifted lower following news that the company will
carry out a secondary offering. Exodus closed Friday at 23 3/16 and is currently
trading down to 20 1/2 in pre-market activity.