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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (18)	1/11/2001 11:23:25 AM
From: ms.smartest.person	Read Replies (1) of 2248

MARKET TALK-AU-EQ: Jobs Data Confirm Slowdown Thursday, January 11 9:07 AM SGT MARKET TALK-AU-EQ: Jobs Data Confirm Slowdown [Contact Us: Sydney 61-2-8235-2950; djnews.sydney@dowjones.com] 1204 [Dow Jones] Stronger-than-expected December jobs data show labor market still easing but not falling in hole as suggested by October and November surveys, says National Australia Bank treasury economist David Landsley; says figure does nothing to change outlook on rates, still expecting cut in February or March. (BWS) 1203 [Dow Jones] Wall Street traders optimistic on Nasdaq fortunes this year, with Security Traders Association poll showing 51.6% surveyed expect 2001 finish within 3000-4000 range. Close yesterday 2524. Fed rate action expected to drive stock movement, and though huge 1H headway unlikely, a combination of lower taxes and rate easings "could give us a fairly decent market later on in the year," says STA president Lee Korins. (WJK)

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