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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Jeff who wrote (126925)	10/2/2001 5:10:23 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

NorTel warns for the kajillionth time: cbs.marketwatch.com;

To: Dr. Jeff who wrote (126925)	10/2/2001 5:41:27 PM
From: TheStockFairy	Read Replies (3) \| Respond to of 436258

Was demand for Amazon's services supposed to remain strong? Holy schnikes...Amazon up 46 bucks on the upgrade announcement listed below. What happened to those days? Wednesday, December 16, 1998 MARKET CLOSE DJIA 8790.60 -32.70 (-0.37%) S&P 500 1161.97 -0.86 (-0.07%) Nasdaq 2009.36 -3.24 (-0.16%) Value Line Inx 869.83 +0.86 (+0.10%) 30-Year Bond 103 31/32 +17/32 4.99 Yield HEROES Several online retailers got a boost after CIBC Oppenheimer raised its 12-month price target on Amazon.com (Nasdaq: AMZN) to a whopping $400 per share from the previously forecasted $150 per share. That sent Amazon's shares up $46 1/4 to $289. Other Internet retailers rallied on the news, as eBay (Nasdaq: EBAY) added $29 1/2 to $223 1/2 and Onsale (Nasdaq: ONSL) advanced $2 7/8 to $40 3/8. Recent online bookseller addition Books-A-Million (Nasdaq: BAMM) also gained $8 1/16 to $18 1/8 as it announced the acquisition of privately held NetCentral Inc., which designed the company's website. News from America Online (NYSE: AOL) that its AOL Shopping e-commerce channel has so far attracted 3.5 times more shoppers during this year's Christmas season than a year ago also helped the e-tailers and sent AOL's shares up $3 7/16 to $96 3/16. Several oil and gas services and contract drilling firms gained ground today as oil prices posted their biggest one-day gain since September. Late this afternoon, the U.S. led what a White House spokesperson reportedly termed "a substantial military attack" against Iraq for refusing to grant U.N. weapons inspectors full access to suspected weapons facilities. The attack could disrupt the flow of Iraqi oil, leading oil traders to believe the ongoing global oil glut may ease somewhat. Schlumberger (NYSE: SLB) gained $2 13/16 to $46 11/16, Halliburton (NYSE: HAL) added $2 1/8 to $33 5/8, Baker Hughes (NYSE: BHI) rose $15/16 to $17 5/16, Diamond Offshore (NYSE: DO) tacked on $3 to $26, Global Marine (NYSE: GLM) climbed $1 1/2 to $11, R&B Falcon (NYSE: FLC) advanced $1 9/16 to $9 7/8, Transocean Offshore (NYSE: RIG) moved up $2 7/8 to $28 1/16, and Noble Drilling (NYSE: NE) moved up $1 9/16 to $14 5/8. QUICK TAKES: Entertainment and consumer products retailer K-tel International (Nasdaq: KTEL) rose $1 3/16 to $13 1/2 after announcing financing plans to retain its stock listing on the Nasdaq National Market and raise $15 million to $20 million in equity in order to meet its long-term capital requirements... Internet search and retrieval software company Verity Inc. (Nasdaq: VRTY) climbed $3 5/8 to $27 after reporting fiscal Q3 EPS of $0.18, doubling the $0.09 mean estimate of the two analysts surveyed by Zacks... Hotel real estate investment trust Patriot American Hospitality (NYSE: PAH) was lifted $3/4 to $7 15/16 after an investment group including Apollo Management and Thomas H. Lee Co. agreed to provide the company with $1 billion in equity financing, allowing the firm to "reduce leverage, improve liquidity, and... continue to implement its business plan," according to Chairman and CEO Paul Nussbaum. Oil and natural gas exploration and production company Enron Oil & Gas (NYSE: EOG) picked up $1 to $16 1/2 after parent Enron Corp. (NYSE: ENE) disclosed in a Securities and Exchange Commission filing that it has received an unsolicited offer from an unspecified company for its 53.5% stake in Enron Oil & Gas. Enron Corp. gained $1 11/16 to $55 1/8 as well... Imaging, digital video, and graphics processing integrated circuits firm Genesis Microchip (Nasdaq: GNSSF) tacked on $1 3/4 to $23 1/2 after reporting fiscal Q2 EPS of $0.15, up from $0.05 last year and topping the Zacks mean estimate of $0.10... Wireless telecommunications services provider Sprint PCS Group (NYSE: PCS) rang up $1 13/16 to $16 7/16 after Morgan Stanley Dean Witter started coverage of the company with a "strong buy" rating and a price target of $25 per share. Automaker General Motors (NYSE: GM) motored ahead $2 13/16 to $70 after Warburg Dillon Read started coverage of the company with a "buy" rating... Steel maker Bethlehem Steel Corp. (NYSE: BS) forged a $5/16 gain to $7 15/16 after PaineWebber raised its rating to "buy" from "neutral" and set a 12-month price target of $10 per share... Internet-based automated business administrative services provider Concur Technologies (Nasdaq: CNQR) gained $7 to $19 1/2 in its first day of trading after the company sold 3.1 million shares in an initial public offering at a price of $12.50 per share... Online telecommunications services firm Tel-Save.com (Nasdaq: TALK) picked up $1 7/8 to $10 7/16 after saying it will report positive earnings in Q4 and positive cash flow of up to $10 million in Q1 of fiscal 1999. Wire and cable maker Superior TeleCom (NYSE: SUT) gained $4 7/16 to $42 15/16 after forecasting earnings growth of "at least 30%" and even higher year-on-year cash flow growth for fiscal 1999... Casual sportswear maker Quiksilver (NYSE: ZQK) sprinted ahead $5 3/4 to $30 1/2 after reporting fiscal Q4 EPS of $0.43, ahead of the First Call mean estimate of $0.30... Cigar maker Consolidated Cigar Holdings (NYSE: CIG) rose $1 1/2 to $17 3/8 after agreeing to be acquired by French tobacco products distributor Seita S.A. in a tender offer for $17.85 per share in cash... Cable TV systems operator Century Communications (Nasdaq: CTYA) added $3 1/8 to $29 after hiring Donaldson, Lufkin & Jenrette to explore "strategic alternatives"... Internet content aggregator Infospace.com (Nasdaq: INSP) tacked on another $6 3/4 to $26 3/4 after gaining 33% yesterday following its $15 per share initial public offering.