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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (4309)12/15/1998 8:53:00 AM
From: LastShadow   of 43080
 
Pre Open

08:38 ET America Online (AOL) 89 1/4: Company says it will hold a media conference call this morning to make an international announcement. Speculation is that company and a partner will be announcing a move into Latin American markets.

08:35 ET Market Indication: Broader market indicated higher this morning. Current level of S&P futures suggests Dow advance of more than 30 pts at the open --- Overseas markets mixed: Japan -0.7%, Hong Kong +1.3%, S. Korea +3.7%, Germany +0.7%, France -0.5%, Russia +3% --- 30-yr bond off 8 ticks, yield 5.01% ---

Merrill Lynch upgrades InfoSeek (SEEK). Stock indicated 4 3/4 higher. Network Solutions (NSOL)/Yahoo! (YHOO) sign global agreement.
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