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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (6045)	10/5/2000 11:42:03 PM
From: Dalin	Read Replies (1) \| Respond to of 65232

Hi Dealie! I'm back.....WOW....2146 messages here since I left last week. I haven't had a chance to go through em all yet. <g> 3 of my limit orders hit. INTC and JDSU calls, and AVCI......hmmmm...... I like the way QCOM is looking! I got lots of porch reading to do....... :0) D.

To: Dealer who wrote (6045)	10/6/2000 9:25:41 AM
From: Dealer	Respond to of 65232

<FONT COLOR=BLUE>MARKET SNAPSHOT--An upside start for shares Payrolls up 252K; jobless rate at 3.9% By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 9:04 AM ET Oct 6, 2000 NEW YORK (CBS.MW) - Stocks are bracing for an upside open Friday as they process the September jobs report. December S&P 500 futures added 1.50 points, or 0.1 percent, and were trading roughly 4.60 points above fair value, according to HL Camp & Co. Nasdaq futures, meanwhile, gained 2.50 points, or 0.1 percent. The granddaddy of all economic numbers, the employment report, didn't raise eyebrows on Wall Street Friday, producing an uneventful reaction in the futures market. Non-farm payrolls rose by 252,000 in September versus the 235,000 expected by a survey of economists conducted by CBS MarketWatch.com. The jobless rate fell to 3.9 percent, a 30-year low, compared to the 4.1 percent expected, which was also the rate seen in August. The closely-watched average hourly earnings figure, meanwhile, rose by 0.2 percent versus the anticipated 0.3 percent rise. But September average hourly earnings were upwardly revised to show a 0.4 percent increase from the previously reported 0.3 percent. View Economic Preview, economic calendar and forecasts and historical economic data. Inside the payrolls figures, growth stood at 204,000 excluding the effects of the census workers and the Verizon strike. Job creation got its strength from the service sector in September, where 289,000 jobs were added. For 2000, average monthly payroll gains stood at 192,000 versus the 229,00 monthly average in 1999. Separately, Trim Tabs said all equity funds posted inflows of $2.3 billion over the week ended Oct. 4 versus outflows of $3.8 billion in the prior week. Equity funds that invest primarily in U.S. funds saw inflows of $2.4 billion compared to outflows of $1.4 billion during the previous week. In the meantime, profit warnings aren't letting up. Chip and optical equipment maker Veeco Instruments (VECO) said it sees third-quarter earnings-per-share of 18 to 22 cents, well below the First Call estimate of 40 cents a share. Moreover, the firm's president and chief operating officer, Christine Whitman, resigned. The stock dove $43.53, or 42 percent, to $59 in pre-market trading. Dell Computer (DELL) inched up 44 cents to $25.63 in Instinet pre-market dealings following its near 11-percent plunge on Thursday in the wake of its earnings warnings. Over in the bond market, prices had a confused, but generally muted, reaction to the jobs data. The 10-year Treasury note shed 3/32 to yield ($TNX) 5.87 percent while the 30-year bond inched up 2/32 to yield ($TYX) 5.89 percent. In the currency arena, dollar/yen slipped 0.3 percent to 108.79 while euro/dollar added 0.1 percent to 0.8701. . Julie Rannazzisi is markets editor for CBS.MarketWatch.com.