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To: DanielleC who wrote (79271)	10/1/1999 9:58:00 AM
From: Paul Merriwether	Respond to of 164684

Consider looking into Gemstar Intl.(GMST). I have been a shareholder for 2.5 years and have done 1600% on it so far. Join us on the GMST thread(or GMSTF thread if you want DD on the older news). edit: Forgot to mention, its kicking A$$ today! :)) ================================================ From the K. Benjamin Web report - 10.01.99 We believe our estimates to be conservative, with room for upside when Gemstar reports in late November. We believe there could be less upside to our current licensing revenue estimates, but we expect more in the next few quarters. Longer term, we believe there is very big upside from advertising revenue. We anticipate raising all of our revenue estimates substantially in the next month. The company may be reaching more people with its advertising-based guides faster than we had anticipated. We believe that Gemstar's existing relationships with consumer electronic manufacturers will help extend the company's reach into new platforms. We believe Gemstar's Guide Plus to be in almost every U.S. household in three to five years. We continue to find the risk/reward profile of the stock compelling and maintain Gemstar as our top pick. ===============================================

To: DanielleC who wrote (79271)	10/1/1999 9:59:00 AM
From: Eric Wells	Respond to of 164684

>>My guess Eric, the Fed stands pat! So you like to gamble? What makes you think the Fed will stand pat? And keep this in mind: I've heard more than one analyst state that if the Fed does not raise on Oct. 5 that the market will face continued worry over the fact that the Fed may raise in November instead. Seems like it might be better to get it over and done with. Thanks, -Eric

To: DanielleC who wrote (79271)	10/1/1999 10:05:00 AM
From: Eric Wells	Read Replies (1) \| Respond to of 164684

I think the NAPM data which was just reported at 10am ET might have been bad. I have not yet been able to find the numbers anywhere - but the DOW just dropped about 60 points in two minutes. I have heard it said that the NAPM number is one of Greenspan's favorites - that he uses it more than others making decisions on rates. Thanks, -Eric

To: DanielleC who wrote (79271)	10/1/1999 10:29:00 AM
From: Eric Wells	Read Replies (1) \| Respond to of 164684

NAPM Report: biz.yahoo.com ========================= Friday October 1, 10:09 am Eastern Time (Note: this article is ``in progress'; there will likely be an update soon.) INSTANT VIEW/U.S. stocks fall after NAPM NEW YORK, Oct 1 (Reuters) - Wall Street stocks fell after the September National Association of Purchasing Management (NAPM) index jumped to a reading of 57.8. Economists had expected the index, a measure of business conditions in the manufacturing sector, to edge up to 54.3 from a reading of 54.2. A reading above 50 on the index indicates expansion in the sector. Following are analysts' comments regarding the report: BILL MEEHAN, CHIEF MARKET ANALYST AT CANTOR FITZGERALD: ``The topline number is a lot stronger than expected. Whoever ... was bidding up the S&P are getting slammed. We're heading south. The dollar's getting crushed.' BRYAN PISKOROWSKI, ANALYST AT PRUDENTIAL SECURITIES ``Stronger than expected, I think it raises the chance for the Fed raising rates next Tuesday.' GEORGE RODRIGUEZ, SENIOR VICE PRESIDENT, EQUITIES, GUZMAN & CO., JERSEY CITY, N.J. "This is an extremely negative signal to the market right now. ``...This, on top of the numbers that came out this morning (August U.S. personal income and spending)... are causing concerns about inflationary pressure leading into next Tuesday,' when the Federal Reserve's rate-setting panel meets. (Note: this article is ``in progress'; there will likely be an update soon.) ========================= -Eric