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

To: wgh613 who wrote (21133)	5/8/2001 8:38:44 AM
From: 2MAR$	Read Replies (2) \| Respond to of 37746

: First Drop In Productivity In Six Years Edited by Thomas Granahan Of DOW JONES NEWSWIRES (Call Us: 201 938-5299; All Times Eastern) MARKET TALK can be found using code N/DJMT 8:35 (Dow Jones) Nonfarm productivity fell by 0.1% at an annual rate in Q1. That was the first decline in productivity in six years. Unit labor costs rose by a worrisome 5.2%, suggesting upward cost pressure on output prices. (JM) 8:34 (Dow Jones) Stock futures weaken somewhat right after productivity numbers, which fell unexpectedly. Unit labor costs also rose more than expected. S&Ps up 4, Dow futures higher by 18. (TG) 8:30 (Dow Jones) Stocks looking higher. Cisco (CSCO) upgrade at J.P. Morgan helps, as, apparently, does Dell's (DELL) pronouncement that it will hit 1Q numbers. Cisco will post its quarterly results tonight, but more importantly, may be able to provide more constructive guidance than it has recently. At least, that's what some are betting on. Productivity numbers for the 1Q are seen up 1%, and weekly retail sales are also on tap. Overseas markets turning up, stock futures strong, and Tsys mixed in front of data. (TG) (END) DOW JONES NEWS 05-08-01 08:36 AM MLNM still overvalued here ...looking to short. Xilinx Inc-XLNX revenue is down in all regions with poor visibility says LEHM Dell Computers-DELL has not bottomed yet & April was a poor month says LEHM