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Strategies & Market Trends : Tech Stock Options

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To: Stephen who wrote (54153)	9/28/1998 7:03:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 58727

Kenneth ... this is a stock board .. ??!!?? ... I must have missed those posts !!>>>>> there are no words to describe our thread btw Goldman CANCELLED their IPO NOT delayed.... Gillette Co. (G) 40 +1 11/16: --UPDATE-- giant consumer products concern to reorganize and close several plants; in the process, it will reduce its work force by 11% or 4,700 jobs; plans to take a Q3 charge of $350 mln or $0.30 a share; now sees Q3 operating net of break-even vs $0.40 estimate; see press release... S&P 500 Changes: Standard & Poor's makes changes to the S&P 500 index given recent mergers; AES Corp. (AES 33 1/2) to replace U.S. Surgical (USS 43 1/16 +11/16), PeopleSoft (PSFT 31 5/16 +11/16) to replace First Chicago (FCN 72 7/16 +11/16), BMC Software (BMCS 56 1/2 +3/8) to replace HF Ahmanson (AHM 60 1/4 +1 11/16), Union Planter (UPC 47 3/8) to replace old BankAmerica, and new BankAmerica to replace NationsBank; expect issues being added to the S&P to move higher tomorrow as money manager adjust portfolios to reflect changes..... Micron Technology Inc. (MU) 33 7/8 -1/8: memory chip maker posts a fiscal Q4 net of $0.42 a share, considerably narrower loss than the First Call estimate of $0.54 a share; in the year-ago period it earned $0.33 a share; stock has traded up in after hours trading after closing off more than one point during New York hours; see press release..... U.S. Home Corp. (UH) 32 1/16 +3/8: home builder and designer of adult living communities is warning that it expects Q3 deliveries to come below Wall Street expectations; according to First Call, company was projected to earn $1.10 a share, vs year-ago profit of $0.94 a share.....

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