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Strategies & Market Trends : APMP (formerly APM)

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To: marc chatman who wrote (7837)	10/30/1997 8:38:00 AM
From: marc chatman	Read Replies (2) of 13456

From briefing.com: Stock Indications as of 08:35 ET: Indicated to be a sloppy session; at least in the early going. Hong Kong fell 3.74% last night and Tokyo almost 3%. Is it the continuation of the vicious cycle? Not necessarily. As we said on this page yesterday, rebound on Tuesday was simply too sharp, leaving traders/managers concerned that the "correction" isn't complete. At this pt, we are down 15 pts on the S&P futures, which means a decline of at least 130 pts. Pre-open indications: CPQ -2 1/2... DELL -8 1/2.. INTC -2 1/2... CSCO -6 1/2... COMS -1 1/4. UBS downgrades INTC to hold; Alex Brown downgrades CPQ and DELL to Buy.

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