SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Clappy who wrote (51747)5/20/2002 10:21:51 AM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
08:52 ET Soundview lists tech value stocks
Hearing from sources that Soundview lists the following technology value stocks as having good financial stability with exciting longer-term product opportunities: BRKS, CLS, SLR, LSI, VZ, SBC, RATL, PRSE, NTIQ, VRSN, HPQ, CMNT, LXK, AOL, DCLK, and GSPT.



To: Clappy who wrote (51747)5/20/2002 10:39:09 AM
From: Sully-  Read Replies (1) | Respond to of 65232
 
10:29 ET Market losses blamed on profit-taking; concerns over terrorist plots : In an interview Sunday with "Meet the Press," VP Dick Cheney warned that the prospect of "a future attack against the United States is almost certain." While Cheney did not state that attacks are imminent, he believes reports of increased communications among suspected al Qaeda operatives serve as a reminder that terrorists continue to operate. Also contributing to weakness is Merrill Lynch call to sell tech into strength (see 09:55 comment).



To: Clappy who wrote (51747)5/20/2002 10:42:07 AM
From: Sully-  Respond to of 65232
 
Reuters Business Report
Stocks Fall as Investors Are Cashing In

NEW YORK (Reuters) - Stocks fell in the early morning on Monday as a warning over the odds of more deadly attacks on the United States and softer-than-expected economic numbers convinced investors to lock in profits after a winning week on Wall Street.

"A move up of that magnitude will invite skepticism and profit taking and that is by far the biggest consideration," said Hugh Johnson, chief investment officer at First Albany Corp.

Concerns of another deadly attack on the United States are keeping investors on edge. Vice President Dick Cheney said on Sunday a new attack on the nation was "almost certain" as intelligence officials picked up signals a fresh al Qaeda strike could be in the works.

The Conference Board's index of leading economic indicators added more pressure after falling 0.4 percent in April. Economists had been expecting a drop of 0.2 percent. The market extended its losses after the weaker-than-forecast numbers.

The technology-loaded Nasdaq Composite index (NasdaqSC:^IXIC - News) fell 29 points, or 1.71 percent, to 1,711, after racing 8.8 percent higher last week and scoring a five-session winning streak. The Dow Jones industrial average (CBOT:^DJI - News) fell 93 points, or 0.91 percent, to 10,258, after a 4.2 percent gain that landed the blue-chip gauge its best week since September. The broader Standard & Poor's 500 Index (CBOE:^SPX - News) dropped 11 points, or 1.05 percent, to 1,1094.

"If you are looking for catalysts then you could point to a number of reasons," Johnson of First Albany added. "Cheney's warnings may convince people to take some money off the table, and leading indicators could offer another reason."

biz.yahoo.com