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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (5918)	7/17/2001 7:03:48 AM
From: smolejv@gmx.net	Respond to of 74559

...now to a completely different subject - "The rapsody in red" Minus reigns on German stock exchanges: The Dax loses 0.4% on 5.828 points; the M-Dax likewise 0.4% to 4.687, the Nemax ALL Share 1.7% to 1.226 and the Nemax50 2% to 1.155. Above all the technology titles are under pressure: Epcos minus 2,9% to 52,55 euro, SAP minus 2,7% to 147,75, Siemens minus 2% to 59,80 euro, Infineon minus 1,8% to 25,37. Among other things the bad quarter numbers of Philips make themselves felt: the Dutch enterprise lost much more, than what analysts feared. The Philips shares, which lost already approximately 25% year to date, are currently close to 4% in the minus. The consequences for other European High Tech shares: ASM Lithography drop 5%, Marconi 4%, Nokia 3.7%… dj PS - correction (13:00 local time) - Loses are on the rise DAX -1% at 5.798, Nemax50 (Neue Markt)-3,8% - new alltime low. More than 10% in Minus Brokat, Fantastic und Carrier1; cca 7% in Minus Quiagen, Evotec, Adva and Aixtron. ... SAP lose 4%, Epcos 3,7%, Infineon 2,9%[], Telekom 1,8% and Siemens 1,7%.... [] MU will probably rally on the back of "reached-the-bottom" Joes.