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To: techguerrilla who wrote (20904)	5/31/2000 12:16:00 AM
From: abuelita	Read Replies (1) \| Respond to of 35685

Hi John If you were going to bring something back from Cuba -something small - what would it be? Rose

To: techguerrilla who wrote (20904)	5/31/2000 12:33:00 AM
From: Mannie	Read Replies (1) \| Respond to of 35685

John, I found todays action on QCOM just bizarre. I just can't believe the up volume upon the release of what looked to be terrible news. What unified the troops to step in and buy? Cuba libre Che Techie.

To: techguerrilla who wrote (20904)	5/31/2000 12:42:00 AM
From: Sully-	Read Replies (1) \| Respond to of 35685

Tuesday May 30, 11:55 pm Eastern Time WRAPUP 1-Nasdaq spurs Asia shares, bounce seen short-lived (UPDATE: updates regional markets action) <<DOLLAR ON DEFENSIVE>> By Edwin Chan SINGAPORE, May 31 (Reuters) - A record Nasdaq surge inspired Asian stock markets on Wednesday as investors piled cash into key high-technology counters in Tokyo, Hong Kong, Seoul and Taipei. But the dollar remained under pressure against the yen and the euro -- despite Nasdaq's stellar gain -- on lingering uncertainty over U.S. stocks and guarded optimism over Japan's economy. Some analysts warned that the spate of bargain-hunting in semiconductor and software shares that drove the Nasdaq (^IXIC - news) up 7.94 percent -- its largest percentage gain -- might not signal an end to recent U.S. market volatility. They noted that Wall Street's overnight rally occurred in slack volume. Tokyo's Nikkei average ended the morning session up 1.65 percent at 16,497.08, but some traders warned that investors who had become cautious after recent painful losses in high-techs would choose to cash in profits before the end of the day. ``We're seeing a rebound and not a recovery,'' warned Hiroyuki Nakai, senior executive officer for investment research at Nippon Global Securities in Tokyo. ``Sentiment's been helped by Nasdaq's overnight gains, but buyers are still wary as inflationary fears are still alive.'' Recent weak sentiment in Asian markets would persist while the outlook for U.S. interest rates remained unclear, although buyers had recently moved cautiously into selected technology stocks that had been unduly hammered on global over-valuation concerns, analysts said. ``Although I'm not sure last night's rebound was the start of a sure recovery, the market has been looking a bit oversold and investors are anxious for an opportunity to come into the market again,'' said Kazunori Jinnai, general equities manager at Daiwa Securities SB Capital Markets in Tokyo. Among other technology-dominated markets, Korea's KOSPI posted a glowing 5.92 percent gain to 732.18 by midday, while Taiwan's TAIEX (^TWII - news) leapt 1.92 percent to 8,932.67 in late trade. Also aiding Taiwan's rally was a reweighting of the country's market capitalisation in global MSCI indices to 65 percent from 50 percent, the first step toward bringing it to 100 percent weighting by this time next year. Hong Kong saw muted trade in seven high-profit Nasdaq-listed debutantes, which included household names like Intel Corp (NasdaqNM:INTC - news) and Cisco Systems (NasdaqNM:CSCO - news). But U.S. specialty coffee retailer Starbucks attracted the most active interest. The Hang Seng Index (^HSI - news) powered 4.77 percent higher to 14,657.80 late in the morning session. Singapore's Straits Times Index (^STI - news) climbed 2.7 percent in late morning business to 1,847.99, while Australia's S&P/ASX 200 (^AXJO - news) jumped 1.59 percent to 3,099.2 in lower than normal turnover by midday. DOLLAR ON DEFENSIVE Lingering uncertainty about the U.S. equity market, the euro's rebound and optimism about the Japanese economy were factors behind the dollar's weakness, they said. ``If dollar sentiment were strong, then we would have seen a convincing rally today. But now the market is likely to test the dollar's downside in the near term,'' a Japanese trust bank dealer said. The yen received support from surprisingly strong Japanese economic data released on Tuesday, with household spending jumping in April, while joblessness slipping in March. At 0344 GMT, the dollar stood at 106.35/40 yen compared to 106.50 yen in the U.S. market late on Tuesday. The euro was quoted at $0.9311/15, up from $0.9298 in late U.S. trading on Tuesday. biz.yahoo.com