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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (34898)	3/28/2001 10:19:17 PM
From: D.B. Cooper	Respond to of 65232

thats good problem solving taking swimming lessons. Who is going to have enough money for petro.

To: Dealer who wrote (34898)	3/28/2001 10:21:05 PM
From: TimeToMakeTheInvs	Respond to of 65232

Just out of curiousity, does anyone think the recent news re online privacy (see spat with Europe over this, believe has also been in news thru presidential campaign and industry lobbying against) and concerns thereof are registering on America's radar yet? I know everyone would hate to see spamming email become a thing of the past (wouldn't that be a horrible infringment on free speech <G>). Hanging out with my poor overvalued tech stocks, tim PS Thinking about starting a business where I collect non-striped golf balls shagged at courses and sell them back to morose investors. :)

To: Dealer who wrote (34898)	3/29/2001 8:24:30 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T -- Modest losses in store for equities By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 8:21 AM ET Mar 29, 2001 NEW YORK (CBS.MW) - The bears may be back for more Thursday. Shares, in fact, are poised for modest losses at the open but the futures markets have come well off session lows in recent action. June S&P 500 futures added 0.10 point but were trading roughly 3.00 points below fair value, according to HL Camp & Co. Nasdaq futures, meanwhile, declined 9.00 points, or 0.6 percent. Still, some tech issues that had been clobbered on Wednesday squeaked out a gain in pre-market activity. Cisco Systems (CSCO), for one, edged up 13 cents in Instinet dealings while Intel added 38 cents. And Palm (PALM), which plunged 48 percent Wednesday after warning that it would miss profits targets for its fourth-quarter, gained 24 cents in pre-market action. For the short-term, C.E. Unterberg Towbin said end of quarter window dressing could play against negative sentiment. "Most tech stocks are very dangerous right now. Companies are scrambling to meet earnings projections in the last days of the quarter. What is hurting tech even more is the inability to offer guidance. Many of these companies have no idea what to expect in the months to come. That leaves very little opportunity for techs to have any sustainable rallies," commented Louis Navellier of the Navellier Performance Funds. The S&P Investment Policy Committee expects S&P 500 earnings to show no growth over 2000 and sees first-quarter earnings dropping 14 percent. The first-quarter is likely to be the sixth worst quarter for S&P 500 price performance since 1960, S&P noted. Yet six and 12 months after the worst 10, the S&P 500 rose an average of 16 percent and 19 percent. Treasury action Treasury prices were mixed out of the chute, with the 30-year bond again succumbing to some selling pressure as other issues rose. The 10-year Treasury note was up 2/32 to yield ($TNX) 4.965 percent while the 30-year government bond shed 1/8 to yield ($TYX) 5.475 percent. In economic news, the final revision to fourth-quarter gross domestic product will be out, alongside weekly initial claims. The GDP growth rate is expected to have remained unchanged at 1.1 percent. View Economic Preview and economic calendar and forecasts. In the currency arena, dollar/yen jumped 0.8 percent to 123.23 while euro/dollar edged down 0.3 percent to 0.8834. The European Central Bank left short-term rates unchanged at its policy-setting meeting Thursday. Some market watchers had expected the ECB to trim rates following easing actions in Japan and the U.S. over the past couple of weeks. --------------------------------------------------------------------------------