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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (40560)	10/3/2008 9:34:54 PM
From: Gottfried	2 Recommendations Respond to of 95953

bpNDX fell four to 18% [XLNX WFMI EXPD ESRX DISAD dropped, APOL added]] Sep22 Sep23 Sep24 Sep25 Sep26 Sep29 Sep30 Oct01 Oct02 Oct03 ALTR ALTR AMZN AMZN BBBY ALTR BBBY BIDU BBBY ALTR BIDU CEPH BIDU BBBY CEPH CHKP CEPH BIDU CHKP CHRW CHKP CEPH CHRW COST CHRW CHKP COST CTAS CTAS CHRW CTAS DISAD DISAD CTAS DISAD DTV DTV DISAD ALTR ESRX ESRX EXPD DTV BBBY EXPD EXPD FAST EXPD CEPH FAST FAST FISV FAST CHKP FISV FISV FMCN FISV CTAS FWLT FWLT FWLT FMCN DISAD GOOG GOOG GOOG GOOG DTV HANS HANS HANS HANS EXPD ALTR ALTR HSIC HSIC IACI IACI FAST ALTR AMZN AMZN IACI IACI INTU INTU FMCN BBBY BBBY BBBY ALTR INTU INTU ISRG ISRG GENZ BIIB BIIB BIIB AMZN ISRG ISRG JOYG JOYG HANS CEPH CEPH CEPH BBBY JOYG JOYG LAMR LAMR IACI CHKP CHKP CHKP BIIB LAMR LAMR LEAP LEAP INTU CTAS CTAS CTAS CHKP ALTR LEAP LEAP LINTA LINTA ISRG DISAD DISAD DISAD CTAS AMZN LINTA LINTA LVLT LVLT JOYG DTV DTV DTV DISAD APOL LVLT LVLT MCHP MCHP LEAP EXPD ESRX ESRX DTV BBBY MCHP MCHP MNST MNST LINTA FMCN EXPD EXPD ESRX BIIB MNST MNST PAYX PAYX LVLT GENZ FMCN FMCN EXPD CHKP PAYX PAYX PCAR PCAR MCHP HANS GENZ GENZ GENZ CTAS PCAR PCAR PETM PETM MNST INTU HANS HANS HANS DTV PETM PETM SBUX SBUX PAYX PAYX INTU INTU INTU GENZ SBUX SBUX SNDK SNDK PETM PETM PAYX PAYX PAYX HANS SNDK SNDK SPLS SPLS SNDK SHLD PETM PETM PETM INTU SPLS SPLS SRCL SRCL SPLS SNDK SNDK SNDK SNDK PAYX SRCL SRCL TEVA TEVA SRCL SRCL SRCL SRCL SRCL PETM TEVA TEVA VRTX VRTX TEVA TEVA TEVA TEVA TEVA SNDK WFMI WFMI WFMI WFMI VRTX VRTX VRTX VRTX VRTX SRCL WYNN WYNN WYNN WYNN WFMI WFMI WFMI WFMI WFMI TEVA XLNX XLNX XLNX XLNX XLNX XLNX XLNX XLNX XLNX VRTX XRAY XRAY XRAY XRAY XRAY XRAY XRAY XRAY XRAY XRAY

To: Gottfried who wrote (40560)	10/3/2008 10:33:04 PM
From: Return to Sender	1 Recommendation Respond to of 95953

From Briefing.com: 4:10 pm : Friday marked the end of an incredible week on Wall Street. On Monday the S&P 500 fell more than 9% after Congress rejected a plan to purchase distressed assets from financial firms. By week's end, Congress approved an amended version of the plan, but traders sold the news in a concerted effort. Investors were upbeat since the sounding of Friday's opening bell, mostly confident the House of Representatives would pass the latest version of the $700 billion asset purchase plan. Participants were also encouraged by the prospect that the Fed will slash its target interest rate at its next meeting, or even convene between scheduled meetings to more quickly add liquidity to markets. The major indices were at their best levels of the session midday. At that point the Dow was up 3.0%, while the S&P 500 and the Nasdaq were each up 3.6%. The positive sentiment was enough to overshadow another dose of dour economic data. Specifically, the Department of Labor announced nonfarm payrolls were down for the ninth consecutive month. They fell 159,000 in September, exceeding the drop of 105,000 that was widely anticipated. The unemployment rate remains at an elevated 6.1%. Generally overlooked, the ISM nonmanufacturing index for September came in at a relatively neutral reading of 50.2. Though it is down a bit from the prior reading of 50.6 and slightly above the consensus reading of 50.0, it indicates steady activity. Dealings in the banking industry also helped early sentiment. Wells Fargo (WFC 34.82, -0.34) and Wachovia Bank (WB 6.21, +2.30) announced they would merger their operations in a stock-for-stock transaction valued that valued shares of WB around $7.00 each, a premium of almost 80% to the prior session's closing price. The overall transaction is valued at $15.1 billion. Though the announcement was pleasing to market participants, Citigroup (C 18.42, -4.08) contends that it violates an exclusivity agreement made when Citi agreed to acquire Wachovia's banking operations. That deal was struck earlier this week and backed by the FDIC. Separately, AIG (AIG 3.86, -0.14) announced plans to divest certain assets to refocus on core insurance businesses. The moves will help raise capital to protect against losses and pay down the credit line extended by the Federal Reserve. The news pushed shares of AIG higher early on, helping multiline insurers recover from heavy losses this week. The group was hit hard this week as investors grew concerned over their financial health. That concern grew increasingly apparent as their credit spreads widened. Multiline insurers were up almost 15% at their session high, but finished with a gain near 1.1%. The overall financial sector had climbed to a gain of 4.9%, but closed with a loss of 4.0%. The turnabout came after Congress approved an amended version of a $700 billion plan to purchase distressed assets from financial companies. A knee-jerk reaction by traders sent stocks down sharply as they sold the news of the plan's approval. The major indices remained in a funk for the remainder afternoon and finished near session lows. The retreat turned the large gains seen earlier in the session into losses near 1.5%. Friday's sell off extended this week's already massive losses. For the week, the Dow shed 7.4%, the Nasdaq dropped 10.8%, and the S&P 500 fell 9.4%. DJ30 -157.15 NASDAQ -29.33 NQ100 -1.4% R2K -2.9% SP400 -2.5% SP500 -15.04 NASDAQ Adv/Vol/Dec 730/2.51 bln/2055 NYSE Adv/Vol/Dec 1097/1.42 bln/2043