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To: SusieQ1065 who wrote (52247)	5/8/2002 9:30:00 AM
From: 2MAR$	Respond to of 208838

Dell Computers-DELL table pounder@MLCO due to valuation-great entry point DELL earns next week , funny how they held CSCO down all morning than let it pop ... music to my eyes

To: SusieQ1065 who wrote (52247)	5/8/2002 4:53:29 PM
From: X Y Zebra	Respond to of 208838

May 8, 4:00 PM: EUR/$..0.9039 $/JPY..128.83 GBP/$..1.4556 $/CHF..1.6096 Greenback Glitters On Cisco-Led Stock Rally by Stacey Yang The dollar was the sole beneficiary of today's rally in US equities due to Cisco's robust earnings that sparked both hope of a turnaround in the weak technology sector and more optimism about US stock valuations. However, it is crucial to note that most analysts believe that the dollar was merely correcting after sharp losses in the past week triggered by dour sentiment towards the US economy, in spite of recent strong GDP and productivity data. Markets will be monitoring other earnings reports for further confirmation of an improvement in corporate profits, and thus the dollar's rebound today may be short-lived unless it is supported by additional economic and earnings news that reflects a US recovery. The euro struggled as it slid down two-third cents to a 3-session low of 90.32 against the heartened dollar. The single currency was weakened further on news that Germany's IG Metall union planned to increase its strike, as well as on disappointment that German industrial production fell unexpectedly down 0.8% m/m rather than picking up 0.4% as forecasted. Support is seen at 90.30, 90.0 and 89.25. Upside capped at 91.0, 91.55, 91.85 and 92.0. more... forexnews.com