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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: DlphcOracl who wrote (14439)	4/3/2001 12:33:56 PM
From: Sharck	Read Replies (1) \| Respond to of 37746

Powell on CNBC now....

To: DlphcOracl who wrote (14439)	4/3/2001 2:06:46 PM
From: ColtonGang	Respond to of 37746

Joe...hang those big shoes up...analyst malpractice....""The news on the economy is encouraging but it's not convincing yet," said Joseph Battipaglia, chief investment strategist with Gruntal & Co. "The earnings picture is a seriously mixed bag with serious distress still coming from technology." Technology stocks were dragged lower by software maker Ariba, which said it would post a loss instead of a profit for its fiscal second quarter. But the selling wasn't confined to tech issues, as worries about growth spilled into the broader market. "Whenever companies come out with warnings, it reminds investors about the perilous nature of the earnings environment at the moment," said Battipaglia.