The Stocks Wall Street Is Watching

The following stocks may be
impacted due to significant news as noted:

Dow component General Electric
(
GE |
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PowerRating)
is the
focus of positive comments in a Barron’s article that claims the stock’s
valuation may pose a great buying opportunity.

Also in the Dow, entertainment monster Walt
Disney

(
DIS |
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Chart |
News |
PowerRating)
has had its estimates reduced by JP Morgan to $0.64 per
share from $0.66 per share.

Chip maker QLogic
(
QLGC |
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Chart |
News |
PowerRating)
is the focus of
negative comments in a New York Times story that claims the company will face
competition from new technology.

Mobile phone maker Nokia
(
NOK |
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News |
PowerRating)
has been
upgraded by SG Cowen to "outperform" from "market perform".

Internet infrastructure company Cisco Systems
(
CSCO |
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Chart |
News |
PowerRating)
is being reported by the Financial Times to announce later today
that leading chip makers including Intel
(
INTC |
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PowerRating)
and Texas
Instruments

(
TXN |
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PowerRating)
will use its Compatible Extensions wireless chip
technology.

Pre-market action:


(
ENMD |
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PowerRating)
+15%,
(
SUNW |
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Chart |
News |
PowerRating)
+5%,
(
GE |
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News |
PowerRating)
+1%,
(
LOW |
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PowerRating)

+4%,
(
LSI |
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News |
PowerRating)
+2.8%,
(
COCO |
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PowerRating)
+0.6%.


(
QLGC |
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Chart |
News |
PowerRating)
-3%.