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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: DZOO who wrote (50764)6/11/1999 8:50:00 AM
From: JeffA  Respond to of 90042
 
PPI comments!
NEW YORK, June 11 (Reuters) - U.S. stocks were expected to open slightly higher after the May producer price index showed an increase of 0.2 percent. Excluding food and energy the index was up 0.1 percent. Both figures matched expectations.

Here are analysts' early comments on the data:
JIM VOLK, CO-DIRECTOR OF INSTITUTIONAL TRADE, D.A.
DAVIDSON:
"The PPI is in line, the futures seem to be reacting all
right in a sigh of relief that the numbers came in in-line. I think stocks will do a little better on that."



To: DZOO who wrote (50764)6/11/1999 8:52:00 AM
From: gerard mangiardi  Respond to of 90042
 
My take on a couple of things.
Interest rates have peaked or are very close to it.
Coms is a value play and, if acquired, I guess it would be by Siemans.
Aol, based on my crude analysis, is a buy around 80.