Compaq Message Board - Msg: 5343742

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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (30031)	7/28/1998 11:20:00 PM
From: Night Writer	Read Replies (2) of 97611

El, The Monica effect could get ugly. Read the full article. NW MARKET NEWS: U.S. stocks tumbled Tuesday as the stepped-up pace of events in the White House scandal added to the bearish brew already rattling investors. The Dow closed off 93 points at 8935, recovering late session from a slide of more than 200 points. Stocks were already weaker before news broke midsession that Monica Lewinsky, the former intern at the center of the White House scandal, will testify to the grand jury probing cover-up allegations in return for immunity from prosecution. On the NYSE, breadth remained dismally negative, with declining issues trouncing advances by almost three-to-one in heavy trading, with 703 million shares changing hands. The Nasdaq closed off 37 points at 1896. The S&P 500 fell 17 points to 1130. The 30-year Treasury was off 1/2 point to yield 5.74%. For the full text story, see infobeat.com

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