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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (27482)	7/12/1999 12:13:00 PM
From: Joe S Pack	Read Replies (4) \| Respond to of 50167

OT: ALERT: I am not sure how much it is true. But found a very disconcerting info on SI thread. It may affect each and every netizens. -Nat Source on SI; Message 10468954 Content: +Tradelite (49886 ) From: +Rose K Monday, Jul 12 1999 11:24AM ET Reply # of 49914 <<OFF TOPIC--but important>> Subject: Legislation that will affect your use of the Internet. Please read the following carefully if you intend to stay online and continue using email: The last few months have revealed an alarming trend in the Government of the United States attempting to quietly push through legislation that will affect your use of the Internet. Under proposed legislation the U.S. Postal Service will be attempting to bilk email users out of "alternate postage fees." Bill 602P will permit the Federal Govt to charge a 5 cent surcharge on every email delivered, by billing Internet Service Providers at source. The consumer would then be billed in turn by the ISP. Washington D.C. lawyer Richard Stepp is working without pay to prevent this legislation from becoming law. The U.S. Postal Service is claiming that lost revenue due to the proliferation of email is costing nearly $230,000,000 in revenue per year. You may have noticed their recent ad campaign "There is nothing like a letter". Since the average citizen received about 10 pieces of email per day in 1998, the cost to the typical individual would be an additional 50 cents per day, or over $180 dollars per year, above and beyond their regular Internet costs. Note that this would be money paid directly to the U.S. Postal Service for a service they do not even provide. The whole point of the Internet is democracy and non-interference. If the federal government is permitted to tamper with our liberties by adding a surcharge to email, who knows where it will end. You are already paying an exorbitant price for snail mail because of bureaucratic efficiency. It currently takes up to 6 days for a letter to be delivered from New York to Buffalo. If the U.S. Postal Service is allowed to tinker with email, it will mark the end of the "free" Internet in the United States. One congressman, Tony Schnell (r) has even suggested a "twenty to forty dollar per month surcharge on all Internet service" above and beyond the government's proposed email charges. Note that most of the major newspapers have ignored the story, the only exception being the Washingtonian which called the idea of email surcharge "a useful concept who's time has come" (March 6th 1999 Editorial. Don't sit by and watch your freedoms erode away! Send this e-mail to EVERYONE on your list, and tell all your friends and relatives to write to their congressman and say "No!" to Bill 602P. It will only take a few moments of your time, and could very well be instrumental in killing a bill we don't want. Kate Turner Assistant to Richard Stepp, Berger, Stepp and Gorman Attorneys at Law 216 Concorde Street, Vienna, VA ------------------------------------------------- SF alerted us to this a few weeks ago. I think that it is worth working on if we want to maintain free e-mail.

To: IQBAL LATIF who wrote (27482)	7/15/1999 12:08:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

APPLIED MATERIALS INC (AMAT-Nasdaq): Technical Viewpoint: From a low of $52 3/4 on May 26, 1999 prices rallied, reaching a high of $72.00 on Jun 22, 1999. A decline saw prices pull back, reaching a low of $63 3/8 on Jun 28, 1999. Another rally saw prices penetrate resistance line "A", closing 7/14/99 at $77 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 8, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $72 1/2. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jul 12, 1999. A P&F downside reversal takes place at $72.00. Summary: Technical indicators have turned bullish. BUY! APPLIED MATERIALS INC (AMAT-Nasdaq) @ $77 3/4 Stop: Use a protective stop of $74 7/8. APPLIED MATERIALS INC is currently trading @ $77 1/2 plus $5.00 on Jul 14, 1999. Price Objective: $98.00. Risk/Reward: $2 7/8 VS. $20 1/4. Today's Risk Reward Ratio: 7:1 View Sample Three Part Technical Chart Daily Candle Stick Chart Point & Figure Chart Technical Study Price Objective: $98.00 Risk/Reward: $2 7/8 VS. $20 1/4 Risk/Reward Ratio: 7:1

To: IQBAL LATIF who wrote (27482)	7/15/1999 12:17:00 PM
From: IQBAL LATIF	Respond to of 50167

PaineWebber issued a buy recommendation on Intel after the company forecast a strong second half with 12-month price target of $80. EPS of $0.51 came well below their estimate of $0.54 and most of the shortfall was attributed to lower revenue. Intel generated revenues of $6.7billion, up 14% year-over-year, but down sequentially from $7.1 billion. Lower revenue was primarily due to fewer microprocessors shipped during the second quarter vis-à-vis the first quarter. Intel shipped 22 millionunits this quarter at a lower average selling price to regain lost marketshare. Revenues from flash memory, chipset and motherboards were relativelyflat. Gross margin remained healthy at 58.9% despite lower revenues becauseof cost cutting measures. Intel lowered prices of its Celeron chips by an average of 10% to roughly $75 and some were sold well below thatamount. Management said that the outlook for the second half remains good dueto seasonal factors. Guidance for revenue increase was slightly betterthan the second quarter, however, gross margin is expected to rebound to60%. Given management's guidance for a modest increase in revenues, it would imply that EPS growth would be nearly flat at around $0.53-$0.54.However, PaineWebber believes that Intel could exceed $0.53-$0.54 due to severalreasons: Shares of eBay extended its downtrend ever since it fell below supportat $130. Shares fell to $121 before closing at $123 today. After declining from almost $150 to current level, technical indicators reached an oversold level. Some rebound might be just round the corner. On any rebound, eBay is expected to encounter resistance at $130, its previous support. Any rebound would be technical in nature within the contextof its downtrend, which would relieve some of the oversold situation. Shares of AMZN had a huge day, as the stock broke through itsdowntrending 25-day moving average. AMZN had difficulty breaking out through thislevel and today's decisive breakthrough bodes very well for the stock. We're looking for a short-term price target of $140, but current pattern suggests that the stock may go even higher. It's interesting to notethat the stock is breaking out ahead of its earnings release. Does someoneknow something about the earnings already? - something to keep an eye on. Shares of AOL continued to consolidate, which actually is positive.After rising late in the session yesterday, AOL failed to capitalize on it today, which suggests that rally yesterday, was more technical innature and not a reversal in trend. It appears that AOL might consolidate for couple more days so that technical indicators could reach an oversold level. However, it's important that the stock doesn't close belowsupport at $117. AOL has defined its current trading range of $118-$129 and current consolidating is taking place above its 25-day moving average. This report from trading ideas...