To: kathyh who wrote (50718 ) 6/10/1999 9:50:00 PM From: Jack Colton Respond to of 90042
Dear Market Enthusiast, Welcome to GoInvest Weekly for the week of June 10, 1999, brought to you by:goinvest.com GoInvest.com has added new research tools and information to help you make your own investment decisions. You can now access corporate financial statements, risk ratings, broker recommendations, earnings reports, and more - FREE. The GoInvest Weekly is a FREE publication. To UNSUBSCRIBE, reply to this message with "Unsubscribe" in the subject line. __________________ IN THIS ISSUE ------------------ 1) Market News And Research Tools 2) Technology And Tech Stocks 3) Personal Finance And Mutual Funds 4) Y2K News and Analysis 5) A Look Ahead At Market Moving Events ________________________________________________________________ MARKET NEWS ---------------------------------------------------------------- Market Indices: From High-Tech to Foreigngoinvest.com Volume Leadersgoinvest.com Estimates See what the top analysts are forecasting for over 6000 public companiesgoinvest.com Earnings Estimate Trends Find out if earnings have been revised upward or downwardgoinvest.com Broker Recommendations Find out what the experts think about your stocks. Ratings from "Strong Buy" to "Strong Sell."goinvest.com IPO Research Center: IPO Calendaripo.com IPO Researchipo.com ________________________________________________________________ TECHNOLOGY AND TECH STOCKS ---------------------------------------------------------------- Internet Stocks: To buy or not to buy? by Peter D. Henigredherring.com Closed, Gone to the Net by Marcia Stepanek in New Yorkbusinessweek.com Computer Industry To Rebound At Year-End by Reuters "The computer industry this year should experience a strong second half following weakness during the summer, Bear Stearns analyst Andrew Neff said today."news.com DLJ Cuts Estimates On PC Makers Citing Y2K Concerns by Bob Hirschfeld and Chris Bulkeyiionline.com Dell Offers Free Net Access In Europe by Jim Davisnews.com eBay Plays Hardball With Feedback Ratings by Tim Clark "At issue is the right to use eBay's so-called "feedback ratings," which are logged in as buyers and sellers rate their experience when doing a transaction on eBay. Transactions are ranked as positive, negative, or neutral, and those votes are turned into numerical ratings, which eBay uses to measure user satisfaction."news.com Can Star Power Bring Back Net IPOs? "Peter Arnett's doing it. Dr. Koop's done it. Even Lou Dobbs and Martha Stewart might be doing it. Let's do it. Let's start a Net company (and sell some stock)."thestandard.com me.mg Amazon.chicken? by Daniel Fisher "Amazon.com and bankrupt Boston Market owner Boston Chicken are two very different companies. But there sure are a lot of spooky parallels."forbes.com Title Fight by Nina Munk "Just a year ago, book king Lenny Riggio had the category killed. Then Amazon.com knocked his Barnes & Noble flat. But this brawl's just begun."cgi.pathfinder.com Amazon May Have Edge In Online Music by Reuterstechweb.com ________________________________________________________________ PERSONAL FINANCE AND MUTUAL FUNDS ---------------------------------------------------------------- Kids On The Payroll by Ashlea Ebeling "Here's an overlooked way to sock away money tax-free for your offspring: put them to work for you."forbes.com Should I Start My Career at a Hot Startup-- or Play It Safe at a Well-Known Company? by Anne Fishercgi.pathfinder.com Citibank Tops Online-Banking Survey by Reutersnews.com REITlets by Stephane Fitch "Are you shopping for a real estate investment trust? Some of the best deals come in small packages."forbes.com How do your mutual funds stack up compared to their peers?mfmag.com ________________________________________________________________ Y2K SITES OF THE WEEK ---------------------------------------------------------------- Most U.S. Business Not Bugged By Millennium by John Doschnersltrib.com Survey: 45% Of Y2K Experts Worried by M.J. Zuckermanusatoday.com Bennett Estimates Half of Nation's Hospitals Not Y2K Compliant by Norma Wagnersltrib.com Singapore, Hong Kong Get Highest Y2K Readiness Markafr.com.au ________________________________________________________________ A LOOK AHEAD AT MARKET MOVING EVENTS ---------------------------------------------------------------- **Some browsers or email programs prevent extended links from wrapping around to the next line. If you encounter problems with any links, we invite you to read the newsletter at our web site.goinvest.com The markets continue to be worried about the Fed's next move. At this point, a quarter point hike during the summer is already priced in and has taken about 500 points off the Dow from its high. The higher PE stocks have been hit much harder and a lot of air has already been let out of the internet "bubble." There is some concern that the market will read a quarter point hike as one of several to come. Pundits have begun advocating a more decisive half point hike that would be read as a one time event. Greenspan did not address interest rates during his Harvard commencement address, but another import Fed official did come out today with indications that he sees a real potential risk of inflation. Today, Federal Reserve Governor Roger Ferguson said, "Under the circumstances, we must be concerned that, with the economy operating at such a high level of labor utilization and growth robust, we might be in some jeopardy of setting the stage for an upturn in inflation." Some factors affecting the inflation picture: Japan's Economy Expanded 1.9% In First Quarter On Fiscal Stimulus "Japan's gross domestic product grew 1.9% in the January-to-March quarter from the last quarter of 1998, marking the first expansion in a more than a year, the Economic Planning Agency said Thursday. If the economy continues to grow at this pace, GDP — the measure of all goods and services produced in Japan — would expand 7.9% for the year, the agency said."msnbc.com Rates have already risen in the marketplace without the Fed taking any action. Mortgage Rates Still Rising "For the week ending June 11, the average rate on U.S. 30-year fixed-rate mortgages was 7.51 percent, up from last week's 7.41 percent. A year ago, rates averaged 7.04 percent."cnnfn.com The deflationary internet economy continues to surge ahead. Net Economy Pegged at $301 Billion by Maryann Jones Thompson "Although few observers would deny the importance of the Internet Economy, researchers haven't had hard numbers on its scope until now. A study released today reports that the U.S. Internet Economy generated $301 billion in revenue and employed 1.2 million Americans during 1998."thestandard.com For the report, go to: http:://www.internetindicators.com England is more worried about slow growth than inflation. Bank Of England Cuts Interest Ratemsnbc.com May all your longs go up and your shorts bankrupt. Alex von Streeruwitz, CMFC Editor -------------------------------- DISCLAIMER -------------------------------- Copyright 1998 goinvest.com GoInvest Weekly is not associated with or in control of the sites this publication links to. We cannot be held responsible for the accuracy of the content of those sites, nor the suitability of the information contained therein for any individual's business or investment decisions. 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