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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (61417)	3/5/2002 1:15:11 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Optimists Back in Charge aol.smartmoney.com By Igor Greenwald March 4, 2002 STOCKS REACHED LIFTOFF velocity on Wall Street Monday as money managers hoping to catch a ride poured cash into techs and financials. The launch boosted the Dow by 480 points in the last two sessions, 900 points in a month, and 24 points over the last year. It also reduced the second straight profit warning by Oracle (ORCL) to the status of footnote for everyone but Oracle investors. The Dow gained 217 points, about 2%, to 10586. The Nasdaq rose more than 3% on heavy volume, gaining 56 to 1859. The S&P 500 advanced 22 to 1153. Industrials, energy, commodity producers, transports: This was a day to pick winning sectors with darts. But wireless providers, staples suppliers and health providers still got nailed. The crisis-hardened market wasn't scared off by reports of renewed fighting in the Mideast and Afghanistan, even as American combat casualties soared after enemy forces shot down two U.S helicopters in eastern Afghanistan.