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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (6905)	8/12/1999 12:05:00 AM
From: SSP	Read Replies (1) \| Respond to of 150070

Recovery Interrupts Losing Streak The elusive investor confidence returned today. The markets were buoyed by evidence of good health in the technology sector as Cisco [CSCO] released a positive earnings report yesterday. The Federal Reserve released its Beige Book, an economic survey conducted eight times a year. The report said the US economy is strong, but is experiencing supply constraints. Signs of inflation are merely "scattered" - good news for nervous investors. The debut of Linux distributor Red Hat [RHAT] starred on the Nasdaq, collecting a hefty 270% increase. On the NYSE, American Home Products [AHP] suffered a loss of over 4%, after preliminary results of a clinical trial suggested there may be a connection between fen-phen and heart valve troubles. Bonds made an attempt to recover, with a positive reception of $12 billion worth of 10-year notes in the second bond sale offered by the Treasury Department this week.