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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (7100)	9/27/1999 12:57:00 AM
From: Rickus123	Read Replies (2) \| Respond to of 54805

Excellent point. I'm not suggesting that the outcome of this event will cause this game to move to the jungle or the castle. But what if the pieces were already in place (whatever those might be) to have established it as one or the other, but it was still too early in the game for the average Joe to tell? This Intel snafu might give us a little info that we can use to figure it out, if we haven't already done so.

To: Mike Buckley who wrote (7100)	9/27/1999 1:40:00 AM
From: pala	Read Replies (1) \| Respond to of 54805

Mike I think I may have found Uncle Franks tornado for him. But the funny thing is that its over at TV Guide, I've been trying to research this lawsuit thing and it occured to me that the analyst that wrote the 38 page report also covers TVGIA and.... BINGO just go to your link and Stephens Inc. and read Corcorans coverage of TV Guide. Goes back much further and covers the relationship between MSFT AT&T etal. Im just now starting in but I think we may have to evaluate gmst as a Gorilla and TV Guide as a King, just a hunch. Your Really Going to like this Doug

To: Mike Buckley who wrote (7100)	9/27/1999 9:02:00 AM
From: Jill	Respond to of 54805

Wall Street Expects Bargain-Hunters To Spur Rally Full Coverage Stock Markets By Amy Collins NEW YORK (Reuters) - Bargain-hunters were expected to lead Wall Street into an opening rally Monday after the Dow recorded one of its worst weekly declines on record due to a long laundry list of economic concerns. The Standard & Poor's futures index for December was up 8.8 points at 1,297. The U.S. Treasury 30-year bond was down 5/32 with a yield of 5.98 percent. ``After last week's debacle, you should have a meaningful recovery in prices this morning,' said Hugh Johnson, the chief investment officer at First Albany Corp. in Albany, N.Y. ``It makes the market modestly undervalued for the first time since September 1998.' Johnson referred to bullish comments made Sunday by Goldman Sach's influential analyst Abby Joseph Cohen and said he agreed that the conditions do not exist for an extended bear market. ``Today we think stocks are only modestly undervalued,' Cohen said at a World Bank seminar. ``That suggests to us that stock prices can continue to rise but they will do so in a way that is more commensurate with the actual improvements in our economy, in our corporate profits and the outlook for inflation and interest rates.' She also said the prices of large technology companies offered ``very attractive' value. Analysts said the market would also keep an eye on the yen, which remains near three-year highs against the dollar, after the Group of Seven made vague comments over the weekend saying it acknowledged the currency situation. ``It's one thing to say it, it's another thing to do it,' said Bryan Piskorowski, an analyst at Prudential Securities Inc. ``It's going to be a wait and see.' The dollar gained strength overnight, backed down a bit and was trading at 105.0 Monday morning. ``We've already flip-flopped,' Piskorowski said. The market has been unsettled in recent weeks by fears of an interest rate hike, the strength of the yen, the grinding decline in stocks that broke through the bottom of key support levels Thursday and concerns that stocks are overvalued. Earnings were expected Monday from Internet holding company CMGI Inc. (Nasdaq:CMGI - news) and microchip maker Micron Technology Inc. (NYSE:MU - news) . Also in the news, copper company Asarco Inc. opened the door to a possible sale to Grupo Mexico as its friendly deal with Cyprus Amax Minerals Co. (NYSE:CYM - news) appeared on the verge of unraveling. Shares in Asarco were at 26 in pre-market trading on Instinet Monday morning, compared with its close Friday at 23-5/8. International Business Machines Corp. (NYSE:IBM - news) and Dell Computer Corp. (Nasdaq:DELL - news) said they plan to unveil a multibillion-dollar extension of their $16 billion strategic pact announced in March. IBM was trading up 1 on Instinet at 126 and Dell was selling at 44-7/8 compared with its close at 43-11/16. Primedia Inc. (NYSE:PRM - news) plans to hire as its chief executive Thomas Rogers, the president of NBC cable who expanded NBC network into cable and Internet markets, the New York Times reported. Nike Inc. (NYSE:NKE - news) will let online sporting goods dealer Fogdog Sports sell the shoe and apparel giant's full product line, reversing its policy of blocking Web-only stores from offering its goods, the New York Times reported. An MCI WorldCom Inc. buyout of Sprint Corp. (NYSE:FON - news) might win regulatory approval if the long-distance firms agree to sell certain assets, federal officials told the Wall Street Journal. Friday, the Dow Jones industrial average fell 39.26 points, or 0.38 percent, to close at 10,279.33. The market was down 524.30 points for the week. The Nasdaq composite index fell 9.42 points to close at 2,740.41 Friday. It was down 129.21 points for the week. Wall Street was likely to be jittery as it braces for the Oct. 5 meeting of the Federal Reserve's policy-setting committee, the Federal Open Market Committee, which could vote to raise interest rates for a third time this year. Several Federal Reserve officials were scheduled to make speeches Monday. In the morning, Federal Reserve Governor Laurence Meyer and Federal Reserve Bank of New York President William McDonough will address the Institute of International Bankers. Elsewhere, Federal Reserve Bank of San Francisco President Robert Parry will speak on monetary policy. Monday evening after the markets close, Fed Chairman Alan Greenspan will deliver a speech entitled ``Lessons from Global Crisis' at the World Bank/International Monetary Fund annual meeting. The Wall Street Journal's Heard on the Street column reported that banking mergers have amounted to only $91 billion in combined value so far this year, compared with $286 billion in 1998. The value has declined despite willing sellers and pressure to merge to cut costs.