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To: Ahda who wrote (61554)	11/30/2000 4:31:00 PM
From: Ahda	Respond to of 116950

cbs.marketwatch.com Wilshire Associates said over $1.7 trillion in wealth has been destroyed since election day, using the Wilshire 5000 as a gauge for the broad market. And $3.6 trillion in wealth was obliterated from the Wilshire 5000's apex reached on March 24. Nasdaq statistics indicate that the index has seen $700 million of its market cap evaporate from the election through Nov. 27. Screens were awash in red throughout the trading day, with green spots flickering only in the chemical and gold sectors. In the broad market, oil service, biotech, brokerage and paper shares took the biggest blows. In the tech arena, the bomb from Gateway and a warning from Altera that revenue growth would be flat in the current quarter generated a gaggle of downgrades from Wall Street analysts, which further weighed on sentiment.