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Strategies & Market Trends : The Good-The Bad and The Ugly -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (4490)12/8/2000 11:39:05 AM
From: Jane4IceCream  Respond to of 8686
 
"froth"

Love some on top of my latte in the morn!

Love some on top of my Corona in the eve!

Jane

PS...Tim, you must be a made man!!



To: Tim Luke who wrote (4490)12/8/2000 11:52:54 AM
From: Tim Luke  Respond to of 8686
 
=DJ Internet Stks -2: Strategists: Market Is Oversold


By Laura Elizabeth Pohl
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Industry watchers cited an oversold market as the reason shares
of Internet companies rallied across the board Friday.
Robert Burgoyne, a tech strategist at Monument Internet Fund, said "a classic sign of
an oversold market is when bad news" ceases to affect a company's stock, something the
market saw Thursday night with Intel Corp.'s (INTC) negative fourth-quarter
preannouncement; in the after-hours market, Intel shares fell, then bounced back up.
Shares of the chip company were recently up 5.2% at $34.
"The marketplace is giving a big sigh of relief because of the way Intel handed the
negative news," said Al Goldman, chief market strategist at A.G. Edwards in St. Louis,
who also said the market is oversold. "The mood is shifting from glass half-empty to
glass half-full."
TheStreet.com Internet Index recently stood at 401.07, up 22.75, or 6%, while the Dow
Jones Internet Service Index was recently up 8.65% to 253.88.
The Nasdaq Composite was recently up 4.1%, or 113.83, at 2866.49. The Dow Jones
Industrial Average rose 0.4%, or 44.55 to 10661.91.

(MORE) DOW JONES NEWS 12-08-00
11:46 AM



To: Tim Luke who wrote (4490)12/8/2000 11:52:54 AM
From: Tim Luke  Read Replies (2) | Respond to of 8686
 
=DJ Internet Stks -2: Strategists: Market Is Oversold


By Laura Elizabeth Pohl
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Industry watchers cited an oversold market as the reason shares
of Internet companies rallied across the board Friday.
Robert Burgoyne, a tech strategist at Monument Internet Fund, said "a classic sign of
an oversold market is when bad news" ceases to affect a company's stock, something the
market saw Thursday night with Intel Corp.'s (INTC) negative fourth-quarter
preannouncement; in the after-hours market, Intel shares fell, then bounced back up.
Shares of the chip company were recently up 5.2% at $34.
"The marketplace is giving a big sigh of relief because of the way Intel handed the
negative news," said Al Goldman, chief market strategist at A.G. Edwards in St. Louis,
who also said the market is oversold. "The mood is shifting from glass half-empty to
glass half-full."
TheStreet.com Internet Index recently stood at 401.07, up 22.75, or 6%, while the Dow
Jones Internet Service Index was recently up 8.65% to 253.88.
The Nasdaq Composite was recently up 4.1%, or 113.83, at 2866.49. The Dow Jones
Industrial Average rose 0.4%, or 44.55 to 10661.91.

(MORE) DOW JONES NEWS 12-08-00
11:46 AM