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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (82122)1/4/2000 8:47:00 AM
From: fut_trade  Read Replies (1) of 86076
 
I've never been a fan of thestreet.com, but do they have to invent reasons for the market's weakness? Hows about rising T-Bond Yields and Dollar Weakness against the Yen as a more important focus.

Some of the weakness stems from the late news of deep trouble for Netherlands-based enterprise software maker Baan (BAANF:Nasdaq), which very early this morning announced a restructuring that will lead to a fourth-quarter loss of $240 million to $250 million. Instinet said there had been no trades in Baan yet this morning
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