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To: Road Walker who wrote (100925)3/16/2000 9:23:00 AM
From: Joseph Pareti  Respond to of 186894
 
today the internuts may stage the "dead cat bounce",
tomorrow it will be another story
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NEW YORK (CBS.MW) -- U.S. equity markets braced for a positive start Thursday despite news that producer prices posted their heftiest gain in nearly a decade.

June S&P 500 futures rose 9.30 points, or 0.7 percent, and were trading a hefty 12.20 points above fair value, according to HL Camp & Co.

Tech stocks appear ready to rebound after a three-day rout as Nasdaq futures climb 72.20 points, or 1.7 percent.

The PPI for February jumped 1.0 percent overall compared to the expected 0.5 percent rise. The closely-watched core, which excludes food and energy components, rose by an as-expected 0.3 percent. See full story. The jump in the headline figure was relegated to a climb in energy and tobacco prices.



To: Road Walker who wrote (100925)3/16/2000 9:30:00 AM
From: Nick  Respond to of 186894
 
Prudential: STRONG BUY