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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (16698)7/8/1999 9:08:00 AM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
08:52 ET Market Indication : Broader market indicated to open sharply lower, with S&P futures trading about 11 pts below "fair value." Current level of contract suggests Dow retreat of approx. 85-90 pts at the open.

08:49 ET Earnings Warnings : A number of stocks being pummeled in pre-market after issuing profit warnings. Here's the damage so far: Gymboree Corp (GYMB) down 45%...Epicor Software (EPIC) suffering a 14% hit... Computer Horizons Corp. (CHRZ) tumbles 23%.

08:44 ET IPO Prices : Shares of Internet hosting services provider, Interliant Inc (INIT), to begin trading today after pricing at $10 per share, the middle of the range. Merrill Lynch serving as lead underwriter of the 7 mln share deal. For Briefing.com write-up, see yesterday's Story Stocks.

08:40 ET Net Indications : Yahoo! (YHOO) trading up 6 pts after reporting better-than-expected results. Also being bid up are AMZN (+1 1/8) and CMGI (+1 1/4).

Thanks all for the EDGR info