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To: Maverick who wrote (30629)	1/15/1998 6:17:00 PM
From: Glenn D. Rudolph	Respond to of 61433

Nasdaq closes slightly lower despite big Dow slide Reuters Story - January 15, 1998 16:32 %ELC %US %ELI %DPR %BUS %ENT %STX %HOT %.O INTC COMS DELL CSCO ADCT V%REUTER P%RTR NEW YORK, Jan 15 (Reuters) - The Nasdaq Composite Index finished slightly lower Thursday, despite a 90 point drop in the Dow Jones Industrial Average, as a string of strong earnings from technology companies overshadowed lingering concern about Asia's economic turmoil. "A lot has to do with the technology earnings," one trader said. "Also the Nasdaq has been more oversold than the Dow and is due for a rally." The index unofficially closed down 1.69 points -- or 0.11 percent -- at 1547.07, on unofficial volume of more than 658 million shares. Declines led advances 2,274 to 2,085. One trader said he spotted more activity than usual in small-capitalization stocks -- something he took as a positive sign for technology shares going forward. Of late, investors have avoided small-cap stocks, buying instead bigger issues, which they viewed as less risky. Among the most active issues, Intel Corp , which posted better-than-expected earnings earlier this week, fell 2/16 to 75-5/16, 3Com Corp gained 13/16 to 33-1/2, Dell Computer Corp rose 1/4 to 91-5/8 and Cisco Systems gained 7/16 to 57-7/16. ADC Telecommunications Inc , the most-active issue, fell 5-9/16 to 30-7/16 after analysts downgraded the stock.

To: Maverick who wrote (30629)	1/15/1998 6:43:00 PM
From: Glenn D. Rudolph	Respond to of 61433

This is an accurate statement as the ISPs and long distance carriersare getting into the local phone biz. GTE just did to PacBell. Maverick, Did you not originally write this statement?<G> Glenn