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To: Clint E. who wrote (22317)	7/26/1999 3:42:00 PM
From: drsvelte	Respond to of 69967

Clint, were only about 11 away from your 2612 support level. The Nasdaq 100 broke thru support at 2280.

To: Clint E. who wrote (22317)	7/26/1999 3:44:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69967

Clint, It is looking ugly going into the close. It looks like we test the opening gap of 1346 on the SP500. I am having trouble with my web-based charts today. Does anyone have the support level for the SP-500 below 1340? TIA Harry

To: Clint E. who wrote (22317)	7/26/1999 8:12:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69967

Have a profitable week everyone. I am off to New York tomorrow for a little R&R. I hope to check in Wednesday morning for NT earnings from Jim's cyber-cafe. Harry

To: Clint E. who wrote (22317)	7/27/1999 7:51:00 AM
From: Iris Shih	Read Replies (3) \| Respond to of 69967

Clint, I saw many of stocks on my watching list showing bottoming, expecially with yesterday morning's big shake out. I think the naz is close to buying zone for a rebound. PS what's your opinion on qcom? pretty strong even when the market sold off. Iris

To: Clint E. who wrote (22317)	7/28/1999 1:26:00 AM
From: Clint E.	Read Replies (1) \| Respond to of 69967

FOCUS-EToys quarterly sales surge but losses widen Reuters Story - July 27, 1999 21:16 PALO ALTO, Calif., July 27 (Reuters) - Online toy seller eToys Inc. said on Tuesday that its June 30 first-quarter losses grew despite a surge in sales from the year-ago quarter. Excluding a non-cash charge for deferred compensation and amortization, Santa Monica, Calif.-based eToys had a loss of 17 cents a share, said Chief Financial Officer Steve Schoch. That was in the range of 17 to 19 cents analysts were forecasting for the loss before the charge, he added. According to data from First Call Corp, Wall Street had expected the company to lose 19 cents per share, before the charges. Including the charges, eToys showed a loss of $20.8 million, or 21 cents per share, for the first quarter ended June 30, compared with a loss of $2.2 million, or 4 cents, a year ago. EToys -- which also sells children's books -- said repeat customers accounted for more than 40 percent of sales, and customer accounts rose 28 percent from the prior quarter. The company said it had sales of nearly $8 million, up from $381,000 in the year-ago period. Sales rose 32 percent from the preceding quarter, eToys said. "We were quite pleased" with the results, Schoch said in an interview. The earnings report was the company's first since going public in May, when it sold 9.6 million shares at $20 each in an initial public offering. The stock surged as high as $85 during its first day of trading on May 20. Since then, amid a downturn in Internet stocks, the stock has dropped. Shares dipped to $38.75 in after-hours trading on Tuesday. It rose $2.66 to $39.28 on the Nasdaq before results were released after the close of trading. Founded by former Walt Disney Co. executive Tobi Lenke, eToys also faces mounting competitive pressure from online retailing giant Amazon.com Inc., which recently started selling toys online. Toys "R" Us Inc.TOY.N has already formed an Internet venture, and Wal-Mart Stores Inc.WMT.N, the world's largest retailer, may come up with its own Internet toy offering by the fourth quarter. Forrester Research expects sales online sales of toys to reach $1.5 billion by 2003, accounting for about 5 percent of all toy sales. Schoch said he wasn't deterred. "There's really no other competition out there that's both kid and Internet focused," Schoch said. "And that will enable us to do things to provide the best shopping experience for children's products." Earlier this month, eToys completed its acquisition of BabyCenter Inc., a Web site for new or expecting parents that also features baby products and supplies for sale online. The U.S. toy market is estimated at $23 billion.

To: Clint E. who wrote (22317)	7/28/1999 1:33:00 AM
From: Clint E.	Read Replies (1) \| Respond to of 69967

Tues. July 27,,,Computer Sciences Profits Rise LOS ANGELES, Calif. (Reuters) - Computer services firm Computer Sciences Corp. (NYSE:CSC - news). said Tuesday its first quarter profits rose 20 percent, matching Wall Street expectations as it raked in new business at a record pace. Computer Sciences said net earnings rose to $78.3 million, or 48 cents per diluted share, for its first quarter ended July 2, meeting consensus estimates as compiled by First Call Corp. That compared with profits of $64.3 million, or 40 cents a share for the year-ago period, a per-share increase of 20 percent. The El Segundo, Calif.-based company provides consulting and management services for the computer and information systems of businesses and government agencies. The company's stock fell $2.56 to $64.81 in composite trading on the New York Stock Exchange Tuesday. The earnings were released after the market closed. Revenues rose to $2.06 billion, up 17.6 percent rise from $1.75 billion a year earlier, as new contracts worth $4.7 billion poured in during the quarter, the company said. Revenues had climbed on mounting demand for outsourcing, electronic business, enterprise-wide solutions and supply chain and systems integration, the company's Chief Executive Officer Van Honeycutt said in a statement. Commercial revenue growth grew 23.1 percent over the same quarter last year, while revenues from the federal government inched up 1.6 percent as declines in defense and space contracts dragged down growth in business from civil agencies. ''Our revenue base has been enhanced worldwide by this record pace of new business awards,'' Honeycutt said. While revenues from the United States and Europe both rose by more than 16 percent, the company said its fourth-quarter acquisition of Singapore-based CSA Holdings Ltd. had helped it double non-European international revenues to $207 million. Honeycutt was upbeat on government contracts overall, saying, ''New federal awards announced during our first quarter exceeded $2 billion, and our pipeline in this market is robust.'' Last December, the U.S. Internal Revenue Service awarded a seven-company consortium led by Computer Sciences a 15-year outsourcing contract estimated to be worth up to $8 billion. Honeycutt said the company expects its electronic business related revenue to be nearly $600 million in the current fiscal year, nearly triple that of last year. ''Our e-business opportunities are increasing, particularly in the business-to-business market which is estimated to be at least five times greater than the consumer market and is growing twice as fast,'' Honeycutt said.