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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: Dale J. who wrote (64680)9/13/1998 11:54:00 PM
From: Dale J.   of 186894
 
Asian markets start strong

But jitters persist over Wall Street and the political risks

TOKYO, Sept 14 (Reuters) - Tokyo stocks firmed in early morning trade on Monday amid relief that New York shares on Friday shook off publication of an inquiry into President Bill Clinton that threatens his administration, traders said.
As of 0008 GMT, the key Nikkei average was up 172.93 points or 1.24 percent at 14,089.91. Nikkei December futures rose 290 to 14,010.
But gains will likely be short-lived due to lingering concerns over a meltdown of global equity markets and the dismal outlook for corporate Japan's profits, the traders said. A dealer at a foreign securities house said market players would be quick to sell on any rebound in shares.
"Tokyo shares remain vulnerable if the New York stock market falls again," said Kenji Karikomi, deputy general manager at Daiwa Securities.
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