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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (2988)	9/30/1999 4:12:00 PM
From: s. bateh	Read Replies (2) \| Respond to of 5023

Good news has just started!!!!imho

To: Gottfried who wrote (2988)	10/1/1999 6:25:00 AM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 5023

Gottfried, From this morning's theStreet.com: Undressing Window Dressing By Aaron L. Task Senior Writer 9/30/99 10:12 PM ET Inside the Underbelly SAN FRANCISCO -- Lots o' talk about "window dressing" being a factor in today's advance. The folks on CNBC were tossing the term around ad nauseam but the network didn't address how (why) groups that have sucked wind this quarter rallied, if window dressing really is the practice of fund managers buying stocks that have been big winners. Financials and pharmaceuticals were glaring examples of this curious turn. The Philadelphia Stock Exchange/KBW Bank Index rose 2.7% today but lost 16% for the quarter. Similarly, the American Stock Exchange Pharmaceutical Index gained 1.7% today, but lost 8.3% for the third stanza. But "buying the winners" is only half the story, according to one market veteran who requested anonymity. "The other part is the seamier side" of window dressing, he said, pulling back the curtain (couldn't resist) to reveal an unsavory element of Wall Street. "Investors that own a big position in stocks that may have been losers call [their] broker and say 'I can't report this stock at 30. Buy 50,000 shares of XYZ and run the price to 32 or 35.'" The source wasn't aware of any specific instances but said tomorrow and Monday will show which names hold today's gains and which revert to quarterly form. That's what I meant. Ben A.