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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Stress who wrote (60207)9/8/1999 9:56:00 PM
From: Bob Biersack  Respond to of 120523
 
Sure does!!



To: Mr. Stress who wrote (60207)9/8/1999 9:58:00 PM
From: Bob Biersack  Read Replies (1) | Respond to of 120523
 
Buy FRO you get GBLX for 22 1/2...right??



To: Mr. Stress who wrote (60207)9/9/1999 3:05:00 AM
From: SMALL FRY  Read Replies (1) | Respond to of 120523
 
GBLX - FWIW around 2 million shares in block buys ranging from 5K to 467.6K happened after hours and a few retail sales... there's a whole bunch of institutional activity here... mixed feelings? Like you I would like for it to go under 24 in the AM so I can buy more and maybe pick up some options... and like you, I'm not sure if we'll get there... but with this excerpt from an article...

The eagerly awaited report on Japan's April-June quarter gross domestic product showed a surprising degree of expansion, rising 0.2% quarter-over-quarter and 0.9% on an annualized basis. Economists surveyed by the Nihon Keizai Shimbun expected GDP to drop 0.2% quarter-to-quarter and 0.7% on an annualized basis, but several firms had upped their growth estimates quite recently after the survey period.

As would be expected after such a strong Japanese GDP number, the dollar was getting crushed against the yen, lately off 2 yen to 109.18. The September S&P 500 futures contract was down 1.50 to 1344.40 in Globex trading. The unexpected strength in Japan augurs a negative session tomorrow for stocks and bonds around the world as inflation fears grow.


I'm not sure if this will get affected...
SF