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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (29292)	7/11/2000 9:24:18 AM
From: BANCHEE	Read Replies (1) \| Respond to of 57584

Freeway Ramp NXTL... Tuesday July 11 8:24 AM ET Reports Send VoiceStream Up in Pre-Trade NEW YORK (Reuters) - Shares of VoiceStream Wireless Corp. (NasdaqNM:VSTR - news) rose in pre-opening trade after reports late Monday that Deutsche Telekom (DTEGn.DE) had made an offer to buy the U.S. mobile phone company. Shares of the U.S. mobile phone company were up at 139-1/4 on the Instinet electronic broker system from a Monday close of 124-15/16. Yahoo Inc. (NasdaqNM:YHOO - news) shares dipped in pre-opening trade, down at 109-3/4 on Instinet from a Monday close of 110 ahead of its earnings report expected after the close of Tuesday trading. It is expected to post earnings of 10 cents a share for the second quarter, according to analysts surveyed by First Call/Thomson Financial, but analysts have said they expect the Internet company to have a more challenging time in the coming quarters. Nextel Communications (NasdaqNM:NXTL - news) shares were trading higher on Instinet at 66-5/8, up from Monday's close of 64-1/8 as investors bet on the company to become a possible takeover target in the wake of consolidation in the industry and the action of the U.S. Justice Department and European regulators, which moved last month to block of the WorldCom Inc. (NasdaqNM:WCOM - news) and Sprint Corp. (NYSE:FON - news) $120 billion merger. Shares of Pinnacle Systems Inc. (NasdaqNM:PCLE - news) fell in pre-opening trade on Instinet to 18-1/2 from Monday's close of 22-5/8 following the desktop computer video editing equipment maker's fourth-quarter earnings warning. Shares of Aspect Communications Corp. (NasdaqNM:ASPT - news) tumbled in pre-open trade. It was last down at 22 on Instinet after Monday's close of 43-7/8. The software provider said late Monday it expected a fiscal second-quarter earnings shortfall due to lower business levels and delays in government contracts.