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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?

To: Hungry Investor who wrote (6999)	10/29/1997 8:47:00 AM
From: Bipin Prasad	Respond to of 10836

Scott, 1. One "tool" I don't have in my belt is a way to see what is happening in after hours trading. Does anyone have such a site? ptdiscount.com I don't have any account or any business with them. A SI friend liked their service. 2. Perter Linch talked about market this morning: "Don't worry about day-to-day movement. Stay with the stock you believe in for long term. Don't buy options or on margin. Sounds like old cliche, but I happen to agree with him. 3. This's from wsj: Another important data to pay attention this morning. Labor Costs Hold to 0.8% Rise; Consumer Confidence Drops By CHRISTINA DUFF Staff Reporter of THE WALL STREET JOURNAL WASHINGTON -- Labor costs climbed 0.8% in the third quarter, the same as in the second quarter, the Labor Department said. It was a plain-vanilla inflation reading that couldn't have come at a better time for the tumultuous stock market. There had been a big buildup for Tuesday's employment-cost report. First, Federal Reserve Chairman Alan Greenspan announced he was worried that a rise in labor costs would threaten the economy's expansion. Then, he rescheduled his congressional testimony to Wednesday from Tuesday to give him a chance to review the employment-cost index, considered the government's best gauge of labor costs. ...... Elsewhere, however, wages aren't rising very rapidly, noted economist Mark Vitner of First Union Corp., Charlotte, N.C. In manufacturing, wages rose just 2.8% over the past year, compared with a 3.4% increase the prior year. Wage gains in banking, insurance and wholesale trade also decelerated over past year, he said. Meanwhile, benefit costs, including health insurance, pensions and workers' compensation, climbed only a modest 0.4% in the third quarter, compared with a 0.6% rise in the second. They were up just 1.9% from a year ago, holding steady for the third straight quarter and continuing to reflect moderating health-care costs. That can't last forever. Already, as competition for workers heats up and pressure for better services increases, health-maintenance organizations' costs are rising. Analysts expect benefit costs to pick up as early as the first quarter of 1998, when most company health-insurance plans are repriced. But that's next year's problem. For now, analysts said, the employment cost index wasn't an attention-grabber. If anything, said economist Stan Shipley of Merrill Lynch & Co., New York, "turmoil in the Far East increases the possibility of further disinflation." Stock-market declines drain a lot of liquidity, which is deflationary in itself. Hope it helps, BPP