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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Scrapps who wrote (9977)12/3/1997 8:24:00 AM
From: Moonray  Respond to of 22053
 
Wall Street to open flat to off, techs under gun

NEW YORK, Dec 3 (Reuters) - Wall Street stocks were due to trade
flat to lower at the open on Wednesday, with the technology sector
facing renewed pressure after another high-profile earnings warning,
analysts said.

"I am looking for a flat opening with perhaps some more bashing of
the technology stocks because of 3Com Corp (COMS.O)," said Peter
Cardillo, director of research at Westfalia Investments. "The
market is going to try and consolidate around these levels and will
be a little bit nervous as we approach Friday's employment data."

o~~~ O