SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: SSP who wrote (73736)12/7/2000 5:06:14 PM
From: Joe Copia  Read Replies (2) | Respond to of 150070
 
Options expire tomorrow also. Should be a wild Friday. errr FREAKY FRIDAY :)



To: SSP who wrote (73736)12/7/2000 5:23:35 PM
From: justmickey  Respond to of 150070
 
Actually, INTC is up a bit since the announcement :)

Mickey



To: SSP who wrote (73736)12/7/2000 5:40:42 PM
From: Jim Bishop  Respond to of 150070
 
Good evening Jim,
Here is your Money Mail for Thursday, December 7.

ALERT: As Money Mail was going to press, Intel warned that fourth
quarter revenues will not grow by 4% to 8% as earlier predicted,
but will be flat.

THE BUZZ AT THE BELL
The parade of bad news continued to bang and toot its way down
Wall Street today, driving investors nuts for yet another day.
Motorola warned that its earnings will be about 15 cents a share
in this quarter, compared with its previous estimate of 27 cents.
That previous estimate was itself a downward revision from 37
cents a share announced in October. And Goldman Sachs cut its
2001 earnings estimate for Microsoft from $1.91 a share to $1.88
a share, blaming softer sales of PCs. Motorola's shares lost
2% and Microsoft lost 6%, and that seemed to set the tone for
today's trading. The Dow lost 45 points and the NASDAQ lost 43.
Trading volume was moderate to heavy.

From our "Terrors of the Times" file:
* Ford and Firestone tire owners aren't the only people who
should go slow in the turns these days. Now scooter and bicycle
owners are facing recalls, lest they knock out their front teeth.
Profile Design, a maker of mountain-bike parts, is recalling 8,000
handlebar stems that may break during use (if you call bouncing
from boulder to boulder down a mountain trail "use.") And about
100,000 scooters from two firms - Kent Kickin' Mini Scooters and
Kash 'N Gold - will be recalled, according to the Consumer Product
Safety Commission, because the handlebars can cause the riders to
lose control. Really? As a one-time rider of both bikes and scooters
whose greatest pleasure in riding was to go beyond control, I wonder
how anyone knows when it's the equipment's fault. Anyway, as parents
we appreciate the effort. Moms and Pops everywhere, take note.
* Speaking of recalls, can IPOs be recalled? Or underwriting
ommissions? Rumors circulated today that the Securities and Exchange
Commission is investigating commissions paid to underwriters for the
first sales of some of the hot IPOs in 1998 and 1999. The suggestion
is that some commissions may have been adjusted according to the
size of the profits accumulated at the end of the first trading day.
We wouldn't be surprised: Regulating the price of anything in
scarce supply usually leads to payments under the table. It
goes by a lot of names depending on the circumstances: Scalping,
kick-backs, bribes, blackmarket etc.. Which reminds us: Have we
told you about our recent shopping trip for a Sony Playstation 2?
Now there's a hot, initial public offering.

Peter Nulty
Editor, Money Mail
moneymail@online.cnbc.com

MAJOR INDEXES AND VOLUMES
* Dow Jones Industrials: 10618.49, down 45.89 or 0.43%
* Dow Transports: 2795.74, down 19.97 or 0.71%
* Dow Utilities: 385.45, up 1.73 or 0.45%
* S&P 500: 1343.6, down 7.86 or 0.58%
* Nasdaq Composite Index: 2752.87, down 43.63 or 1.56%
* Russell 2000: 461.13, down 2.41 or 0.52%
* 30-Year Bond Yield: 5.55%, up 0.02

* NYSE volume (preliminary): 1,067 million shares
* Nasdaq volume (preliminary): 1,657 million shares

* To see our complete U.S. index list:
wwwrd.0mm.com

SCOUTING REPORT: FRIDAY
All eyes will be on two things on Friday:
* The Florida Supreme Court may issue a ruling that finally
puts and end to the presidential contest. If the court rules
for the Bush team, there will be a good chance of another relief
bounce in the market. If the decision goes to Gore, Bush-
sensitive stocks like tobacco, drugs, and Microsoft might face
selling pressure. Bear in mind, however, that the market's
reactions to political events this fall have been short lived.
* Friday's unemployment data. Wall Street is expecting
unemployment to rise from 3.9% to 4%, signaling a loosening
in the labor market that might help the Federal Reserve to
relent somewhat from its high interest rate policies.

Economic Calendar
* Employment data (November) from Labor Dept. at 8:30 am EST

STOCKS
* It's a Value Investors' Market *
Colin Ferenbach of The Haven Fund says the technology sector is
not out of the woods yet, but much of the correction is over. The
market, he adds, is now favorable for value investors. His picks...
wwwrd.0mm.com

* Stocks to Watch *
Bob Pisani's stocks for Thursday:
wwwrd.0mm.com



To: SSP who wrote (73736)12/7/2000 8:54:18 PM
From: Jim Bishop  Read Replies (4) | Respond to of 150070
 
Check out all these record lows:

clearstation.com

clearstation.com