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To: Jill who wrote (33679)	3/15/2001 6:15:44 PM
From: stockman_scott	Respond to of 65232

Oracle, Adobe Up; Other Techs Up a Little Thursday March 15, 6:02 pm Eastern Time <<NEW YORK (Reuters) - The shares of software companies Oracle Corp. (NasdaqNM:ORCL - news) and Adobe Systems Inc. (NasdaqNM:ADBE - news) rose in after-hours trading on Thursday after they issued profit reports that met and topped Wall Street estimates, respectively. Other technology stocks edged up in the aftermarket. Oracle shares rose to $15-1/16 on the Instinet platform, up from their close at $14-11/16. During the regular session on Thursday, Oracle fell $1-3/8. Oracle, the world's second-largest software maker, posted third-quarter profits in line with its lowered forecast. But Oracle said the weakened economy hurt sales in its key database and applications software businesses. Adobe shares rose to $26-7/8 in the aftermarket from their close at $25 on Nasdaq. During regular trading, Adobe stock slipped $1-1/8 from Wednesday's close. Adobe, the desktop publishing software maker, said after the close that fiscal first-quarter results beat analysts' lowered profit forecasts. June Nasdaq 100 futures shot up 24 points at 1,739, suggesting a rise of about 1 percent at the open Friday. Even bad news that came from Compaq Computer Corp. (NYSE:CPQ - news) after the close had no apparent impact. The computer maker's shares were flat to a tad higher although it warned quarterly earnings would fall short of expectations amid a personal computer price war and a softening U.S. economy. Compaq also said it will cut about 5,000 jobs. The Houston-based company was the latest technology bellwether to warn of weaker results. Its shares, halted for about an hour in the aftermarket session, traded at a par to their close at $18.50 or a little higher at $18.61. Among top-tier technology names active in the aftermarket, leading Internet infrastructure company Cisco Systems Inc. (NasdaqNM:CSCO - news) rose just over 1 percent from its close. Network computing giant Sun Microsystems (NasdaqNM:SUNW - news) inched up less than 1 percent. Volume stood at 51.5 million by 5:02 p.m. (2202 GMT). In regular trading Thursday, blue-chip stock eked out a gain that lifted the Dow average just above the key 10,000 mark. But an early tech rally faltered as jittery investors again fretted about bleak corporate earnings in the slowing U.S. economy. That rally lost steam after software company Intuit Inc. (NasdaqNM:INTU - news) warned that its sales growth will disappoint. That threw a wet blanket on bullish sentiment stoked by a reassuring earnings forecast from mobile phone giant Nokia Corp. (NYSE:NOK - news). The technology-laced Nasdaq Composite Index (.IXIC) fell 31.38 points, or 1.59 percent, to 1,940.71. The Dow Jones industrial average (.DJI) rose 57.82 points, or 0.58 percent, to close at 10,031.28. The broader Standard & Poor's 500 Index (.SPX) edged up 6.85 points, or 0.59 percent, to 1,173.56.>>

To: Jill who wrote (33679)	3/16/2001 7:33:35 AM
From: edamo	Read Replies (2) \| Respond to of 65232

jill.....this too will pass... finding many thirty something analysts, economists, whatever are deeply engulfed in end of the world scenarios, based on numbers, stats, charts, etc....very same folks who predicted a new economy, new business models fueled by metrics(i hate that word) that justified losing money.... reality of business and finance has set in.....excess begets contra excess, end result a momentary neutral point, until some motivating force places the pendulum in motion... we have become a nation of dramatics...kids get shot in school and crisis teams are sent in to psychologically counsel communities......how many hundreds of thousands in years past saw violence beyond belief in war, without any crisis intervention or counseling????? but yet they survived, and remained scarred but on balance healthy, and grew and prospered.....no different then economies, in time they self heal as reality arrives and the dire predictions faded away with the predictors..... comparisons made to 1929....but we did get to 2001, just ask anyone who lived through the depression and i'm sure they will state times are much better now... what would the "thirty somethings" of today do if they were hauled off to the deltas in vietnam, had to borrow at 20% in the carter era, waited for hours on alternate days to get five gallons of gas??? all this to say that many have had it a bit easy, and the many includes the corporations founded on fluff and bid up by the fluffy thinkers and dreamers... reality jill, not so bad when you face it, as long as you put it in relative terms.....i'd rather be homeless in the usa then knee deep in delta mud with a jammed m16 and pockets full of gold..... tis all relative...this too will pass... good luck..ed a. p.s....ntap beginning to slow downward momentum, look at a weekly chart, eliminate the year 2000 parabola and it is right back to a hopeful smooth curve, if fundamentals hold...