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Stock Market Alert - LVLT suffered the same fate as many stocks did on Tuesday, trading down over 6% to close the regular session at $6.33 on Tuesday. Trading in the stock was heavy, with over 57 million shares of the stock changing hands, compared to a normal daily average volume of just over 38 million shares traded. It will be interesting to see how the stock reacts on Wednesday morning; a lot will depend on how the Chinese stock market does. If that market continues to freefall, then you can expect renewed bloodshed in the American markets on Wednesday.

Stock Market Alert - LMRA continued to spiral lower, dropping an additional 10% on Monday to add to its recent decline. Volume was fairly light on the day though, which is a good sign for shareholders in the company, as only 1.2 million shares of the stock changed hands, compared to a normal daily average of 1.27 million shares traded. More worrying would be if LMRA had dropped 10% on a large spike in volume. We will continue to monitor LMRA as it moves closer to its earnings report in early March. LMRA closed on Monday with a market cap of just under $80 million dollars.

Stock Market Alert - RIMM continues to be one of the hottest large-cap stocks around, tacking on another 4.8% on Monday to close the regular session at $146.77. The stock broke its previous 52 week high of $145.23, setting a new mark of $147.05 before pulling back slightly and closing at $145.23. Volume was extremely heavy on the session, with over 12.3 million shares of the stock changing hands, compared to a normal daily average volume of just under 9 million shares traded. As of the close of trading on Monday, RIMM had a market cap of just over $27 billion dollars.

Stock Market Alert - BRCD had a strong regular session on Monday and an even stronger afterhours session after reporting their Q1 earnings report. The stock is currently up over 5% in the afterhours session, and has a chance of setting a new 52 week high of $9.42 on Tuesday. BRCD reported quarterly earnings of 17 cents per share on revenues of $224.2 million dollars in Q1. Wall Street analysts had been expecting earnings of 13 cents per share on revenues of $214.8 million dollars. BRCD management is seemingly fairly upbeat, and I wouldn’t be surprised to see a number of upgrades on Tuesday.

Stock Market Alert - ARRS had a rough session on Monday, trading down over 9% to close the regular session at $13.91 after Ericsson announced that they were putting in a bid for Norway’s Tandberg Television. Ericsson’s bid came in 18.2% above ARRS’s bid, and analysts seem to think that ARRS is unlikely to top this bid and get into a bidding war with Ericsson. The market was disappointed in the counter-bid and punished ARRS, as the market thought that it would have been a great acquisition for ARRS. As I said, ARRS is likely not going to counterbid.

Stock Market Alert - Is DOW going to be the next target of a major buyout? Rumors swirled on Monday, as the stock ticked higher over 3% to close the regular session at $44.99 on extremely heavy volume (36.2 million shares traded versus a normal daily average of just over 5.5 million shares traded.) The stock market is speculating that there is enough liquidity out there to finance such a purchase, which would be expected to be in the $55 billion dollar range for the company. DOW set a new 52 week high on the day of $47.26 before pulling back and closing at $44.99

Stock Market Alert - AMD spiked on Monday, trading up over 6% to close the regular session at $15.68 after rumors swirled throughout the marketplace of a possible AMD buyout. These rumors are unsubstantiated, however the rumors were enough to push AMD much higher on heavy volume (65.7 million shares traded vs. a normal daily average of just over 24 million shares traded.) These rumors came as welcome news for AMD shareholders, who has seen their stock slide from over $40 to a current price of $15.68. AMD had a market cap of $8.6 billion dollars as of Monday’s close.

Stock Market Alert - TXU announced on Sunday that it had signed off on a $45 billion dollar deal, including debt, to take the company private. The stock was up big on the day, tacking on over 13% to close the regular session at $67.93. Volume was extremely heavy, with over 53 million shares of the stock changing hands, compared to a normal daily average volume of just over 3.3 million shares traded. This will be the largest leveraged buyout deal in history, with TXU shareholders receiving $69.25 per share in the deal.

Stock Market Alert - XMSR traded down slightly on Monday, dropping over 1% to close the regular session at $14.93 after the company reported their Q4 earnings. The company reported a loss of 90 cents per share on revenues of $257.1 million dollars. Earnings came in worse than expected, with analysts expecting a loss of just 71 cents per share, though revenues came in better than expected. XMSR is currently in the midst of trying to get their merger with SIRI pushed through, with a hoped-for closing date of end of 2007.

Stock Market Alert - COR had an extremely strong day on Friday, trading up over 13% to close the regular session at $1.86 after the stock was upgraded by Rodman & Renshaw on Friday. Volume was heavy on the day, with over 3.3 million shares of the stock changing hands, compared to a normal daily average volume of just over 300k shares traded. Could this be the beginning of a resurgence for COR, whose stock has been savaged in recent months due to some preclinical animal testing data? Seems to me like there is a definite favorable risk/reward situation here, stay tuned for more updates on COR.