Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (468927)	10/1/2003 8:14:16 PM
From: Rascal	Read Replies (2) \| Respond to of 769670

I think that is a least 3 people. Rove, Condi and Cheney. But I don't think any of them will take the fall. Somebody will have to throw themselves on the grenade. And it can't be an underling. Remember at least 6 reporters know who made the calls. Rascal @MostFUnSInceDeepThroat.com

To: American Spirit who wrote (468927)	10/1/2003 9:10:53 PM
From: Arthur Radley	Read Replies (3) \| Respond to of 769670

HOUSTON - The value of Halliburton Co.'s contract to restore Iraq (news - web sites)'s oilfields has risen to $1.4 billion, according to government data posted Wednesday. The latest increase, a jump from the $1.25 billion figure posted two weeks ago, reflects higher costs for damage assessments and repairs. The value of the task order for that work has risen to $769 million from $320 million as of Sept. 8. The other leading high-cost item is importing fuel needed for domestic Iraqi uses. The U.S. Army Corps of Engineers has said the costs are unavoidable because looting and sabotage have delayed efforts to get Iraq's oil production up to prewar levels. The higher figures come as congressional Democrats step up criticism of the Bush administration's oversight of big contracts to rebuild Iraq. On Tuesday, Rep. Henry Waxman, D-Calif., released a letter charging the Bush administration with "gold plating" the contracts by not assigning more work to Iraqi businesses, which say they can do the work more cheaply.

To: American Spirit who wrote (468927)	10/1/2003 9:43:40 PM
From: Hope Praytochange	Respond to of 769670

October 2, 2003 Stocks Finish Up After Data Not as Bad as Feared By THE ASSOCIATED PRESS y The Associated Press Wall Street rebounded yesterday as reports of growth in manufacturing and construction spending brought buyers back to the market after Tuesday's declines. Analysts said the reports soothed investors who were nervous after a report on Tuesday suggested that manufacturing activity in the Midwest might be deteriorating. Many were also jumping back in after end-of-quarter window-dressing, when fund managers often sell to lock in gains. "People were concerned that today's figures would be much weaker, but they came in roughly in line, so it helped support the market's gain," said Peter Dunay, chief market strategist at Wall Street Access, a brokerage firm in New York. The Dow Jones industrial average climbed 194.14 points, or 2.1 percent, to close at 9,469.20. The advance was the biggest point gain since June 16, when the average rose 201.84 points. The broader market also advanced. The Nasdaq composite index gained 45.31 points, or 2.5 percent, to 1,832.25. It was the biggest jump since July 7, when the index climbed 57.25 points. The Standard & Poor's 500-stock index rose 22.25 points, or 2.2 percent, to 1,018.22. It was the biggest advance since April 2, when the index climbed 22.42 points. The Institute for Supply Management reported yesterday that its manufacturing index stood at 53.7 in September. The figure was below estimates of 54.8, but it still reflected a growing economy; a reading above 50 indicates expansion. Meanwhile, construction spending came in at a seasonally adjusted annual rate of $882.7 billion in August, a 0.2 percent increase from July, the Commerce Department reported. The level was the highest since January although it was slightly below estimates of 0.4 percent growth. Stocks have moved mostly higher since mid-March, but lately investors have been questioning whether their valuations might be too high. That led to some declines in September that gave the Dow and S.& P. 500 their first losing month since February; the Nasdaq posted its first monthly loss since January. Jeff Swensen, senior trader at John Hancock Funds, said investors were still largely upbeat. He attributed much of the market's recent losses to fund managers seeking to dress up their portfolios before the close of the third quarter. "People are optimistic that profits will continue to improve in the third and fourth quarter," he said. "That's overshadowing the recently weak economic data." 3M rose $1.83, to $70.90, after the manufacturing company's chief financial officer, Patrick D. Campbell, said 3M was on track to deliver earnings growth of 12 percent to 14 percent for 2004. Clear Channel Communications gained $2.01, to $40.31, after the media company reaffirmed its previous third-quarter outlook. VaxGen jumped 58 cents, to $12.65, after the company said it had won an $80.3 million federal contract to test a vaccine against anthrax. Decliners included LaBranche & Company which dropped $1.23 to $13.37, after the stock trading firm said it expected third-quarter earnings of 3 cents to 5 cents a share, citing the weak trading environment. That is far below analysts' estimates. Treasury Bonds Steady By Bloomberg News The 10-year Treasury note held near a two-month low in New York trading after an industry report showed an expansion in manufacturing slowed last month. The 10-year Treasury note rose 132, to a price of 1021832. The note's yield, which moves in the opposite direction from the price, declined to 3.94 percent from 3.95 percent on Tuesday. The price of the 30-year Treasury bond fell 332, to 107932. The bond's yield was unchanged at 4.89 percent.

To: American Spirit who wrote (468927)	10/1/2003 11:04:04 PM
From: Selectric II	Respond to of 769670

You are officially pronounced, "brain dead." Any further communications from you will be considered to be random, irrational electric impulse -- as if what we already heard from you wasn't.