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To: Rarebird who wrote (63778)	2/15/2001 6:20:22 PM
From: re3	Respond to of 116764

harmony at 4...looks mighty tempting for (yet) another purchase...

To: Rarebird who wrote (63778)	2/16/2001 12:34:52 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

Isn't it a different world when the numbers are more honest coming from the government? Friday February 16, 9:36 am Eastern Time U.S. stocks drop at open, hit by PPI, tech outlook (UPDATE: Updates with opening) NEW YORK, Feb 16 (Reuters) - Stocks slumped at the open on Friday after a bunch of high-tech heavyweights warned of weaker growth and surprisingly strong wholesale price data dampened hopes for aggressive interest-rate cuts by the Federal Reserve. The technology-packed Nasdaq Composite Index (^IXIC - news) slid 113.27 points, or 4.44 percent, to 2,439.64 just after the opening bell. The Dow Jones industrial average (^DJI - news) dropped 18.95 points, or 0.17 percent, to 10,872.07, while the broader Standard & Poor's 500 Index (^SPX - news) tumbled 14.33 points, or 1.08 percent, to 1,312.28. Technology giants Nortel Networks Corp. (NYSE:NT - news), Dell Computer Corp. (NasdaqNM:DELL - news), and Hewlett-Packard Co and (NYSE:HWP - news) sent a shiver through Wall Street when they all painted a gloomy picture of near-term growth. The government reported its monthly Producer Price Index (PPI) posted its biggest one-month gain in more than a decade in January, rising 1.1 percent, well surpassing expectations for a 0.3 percent rise. Excluding volatile food and energy prices, the core PPI gained 0.7 percent, also easily skimming by Wall Street's forecast of a 0.1 percent gain. biz.yahoo.com