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To: Johnny Canuck who wrote (22042)	7/14/1999 3:40:00 PM
From: Clint E.	Read Replies (6) \| Respond to of 70282

>>>>Any idea what turned the sentiment positive. It looked to be trading in a very tight range after the PPI/CPI number came out. It does not look like a delayed reaction to the numbers. A four-letter word called INTC. The sentiment was positive in the NAZ all morning. That had to be the case when you see a company like INTC(that has been up ~30% in the last few weeks), missing earnings but still going up. Next qtr. stuff is rubbish. INTC was very tight-lip about what that means, except relying on seasonal factors along with further cost-cutting measures.

To: Johnny Canuck who wrote (22042)	7/15/1999 3:15:00 AM
From: Clint E.	Read Replies (4) \| Respond to of 70282

Harry, you may want to check into PHCM. I am not endorsing or recommending the stock but there has been a lot of excitement about this stock at work. In the wireless world, PHCM is what NSCP was to the internet. They develop wireless data software based on the WAP(Wireless Access Protocol) standard and have full backing from major wireless players worldwide. They give away their micro-browser sw but make money by selling their server sw & services to network operators. I think PHCM's long-term prospects look somewhat hazy. Since WAP is an open standard, as the wireless data market grows in the next few years, new players such as MSFT could destroy them and the stock could fall massively just like NSCP did(before AOL's rescue). Nevertheless. it is very refreshing to see ONE single protocol being accepted by so many companies around the world. That is going to help the consumer. Clint Disclosure; I am long the stock from 73-1/2.