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To: Bidder who wrote (15601)	12/2/1999 12:20:00 PM
From: Jim Bishop	Respond to of 150070

Dec 02, 1999 Midday Movers 12/2/1999 The major indexes all started the day with healthy gains. The Dow Jones Industrial Average is up 54.28 points to 11052.67. The Nasdaq Composite is up 39.76 points to 3393.47. The S&P 500 Index has added 4.76 points to 1402.48. Market breadth is neutral at the New York Stock Exchange with 1277 losers barely outpacing the 1267 winners. The Nasdaq is slightly positive with 1790 winners over 1502 losers. Volume is solid at 220 million shares at the NYSE and 358 million on the Nasdaq. The bond market continues to press down near six-week lows. This morning's report on new home sales during the month of October surged 16.3% to a record 986, 000. This was well above the consensus estimate of 864,000. The yield on the 30-year Treasury bond is up 2 basis points to 6.31%. After falling more than 5% yesterday, shares of MCI WorldCom (NASDAQ:WCOM - news) gained $1 to $79.13 this morning. Investors have been wary of the stock since the company warned that a price war among the residential long-distance carriers might stymie revenue growth. Analysts said company officials told them that revenue in the current quarter would grow by only 15% to 16% over the year-ago quarter. Earlier this year MCI WorldCom logged revenue growth of 17%. While the forecasted number would still be above the industry average, analysts had predicted stronger growth for the company and are concerned the lowered expectations might indicate a loss of momentum. Amazon.com Inc. (NASDAQ:AMZN - news) won a preliminary injunction in federal court that bars rival Barnesandnoble.com Inc. (NASDAQ:BNBN - news) from using its Express Lane One Click technology. Amazon claims to have obtained a patent on September 28 for the technology, which simplifies on line shopping. Barnesandnoble.com plans to appeal the decision. In the meantime, it will introduce a new “Express Checkout” feature within the next few days. Shares of Amazon are up $2.25 to $87.25. Barnesandnoble.com is off $0.69 to $18.69 Shares of Gap Inc. (NYSE:GPS - news) dropped $3.25 to $40.75 after the casual apparel retailer reported that same store sales for the month of November increased just 1% over the ago period. The flagship Gap stores posted a 3% increase in sales, while the company's Banana Republic locations saw sales rise 7%. But an unpleasant surprise came out of the Gap's Old Navy division, where sales fell 4% from November 1998. NetLojix Communications (NASDAQ:NETX - news) is up $3.12, or 155%, to $5 after the company announced plans to expand its network into California, New York and Chicago. Netlojix provides enterprise networking solutions that integrates voice and data communications. Ben & Jerry's Homemade Inc. (NASDAQ:BJICA - news) is up $5 to $26 on news that an unnamed buyer has offered a price “significantly above” yesterday's closing price of $21. Prior to the takeover speculation, Ben & Jerry's shares were down 19% for the year to date and well below the 52-week high of $31. Shares of Net2Phone, Inc (NASDAQ:NTOP - news) gained $2.06 to $57.50 after the company inked a three-year deal with America Online (NYSE:AOL - news) to provide users of AOL's Instant Messenger with Internet telephony service. The deal comes a day after Net2Phone announced a secondary stock offering of $6.3 million shares for $55 per share. Shares of America Online were up $2 to $78. TMP Worldwide (NASDAQ:TMPW - news) traded to a 52-week high of $118.50 this morning and is still up $19.88, or 21%, today to $114.88. The company announced a four-year, $100-million exclusive deal to place job search Web site Monster.com's career management resource into America Online's seven brands. Internet search engine Lycos, Inc. (NASDAQ:LCOS - news) gained $2.75 to $60.88 after the company said it would supply Internet content to Ericsson AB (NASDAQ:ERICY - news) wireless devices. The deal will enable Ericsson customers to check email and perform other Internet-related function through their mobile phones. Ericsson AB gained $0.69 to $51. ImaginOn Inc. (NASDAQ:IMON - news) rose $2.22, or 71%, to $5.34, after announcing two distribution agreements that will bring its CD-ROM and networking software into Japan, Hong Kong and China via Tokyo based AiCube and Hong Kong's IMONHK. ImaginOn also said it would try to increase operating efficiency as it increases its market reach. Shares of ImaginOn hit a 52-week high of $15.25 in January.