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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (107553)	5/30/2000 11:24:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 108040

Summer Rally Underway by Richard Black May 30, 2000 - Tech stocks rallied across the board Tuesday following the holiday weekend respite. Blue chips finished off the day much as they began, as the NYSE jumped 227.89 to 10,527.13, while strength in Internet issues helped rocket the Nasdaq higher 254.21 to 3,459.32. The ISDEX joined in the celebration roaring 9.76%. The usual basket of bellwether suspects led the Net march, with Internet service provider America Online (NYSE:AOL) off to a flying start, up 5-1/16 to 53-9/16. Following its 2-for-1 stock split last week, online auctioneer eBay (NASDAQ:EBAY) was performing nicely, climbing 5 to 66-15/16. Business-to-business stocks showed some signs of recovery after a brutal month of May. Shares of B2B vortal community VerticalNet bounced 5-1/16 to 34-1/4, still nearly 80% from its 52-week high. B2B incubator Internet Capital Group (NASDAQ:ICGE) tacked on 3-13/16 to 29-5/8, and Freemarkets (NASDAQ:FMKT) leapt 8-13/16 to 46-1/16, still 85% off its 52-week perch.