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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 (12063)	1/27/1998 9:01:00 AM
From: Moonray	Respond to of 22053

Is Technology Getting Ready to Make a Move? Jan 26, 1998 Sure, Denver won the big game and all the trackers of the Super Bowl indicator are getting nervous. But in the face of a rough day for the Nasdaq, the market is offering subtle indications that a positive turn for technology could be at hand. That's certainly a tough argument to make right now. Asia still looms as a big problem and on Monday Com-bombs were pulverizing the Nasdaq list. ADC Telecom (Nasdaq:ADCT - news) lost 40%, Vestcom (Nasdaq:VESC - news) plunged 60%. Just about every Com out there was having a tough day, from WorldCom (Nasdaq:WCOM - news) to 3Com (Nasdaq:COMS -news). Concerns about regional Bell operating companies' lower spending on infrastructure improvements are crushing the important networking sector. But apart from the severe damage in the Com group, technology bulls had some good news to chew on. Compaq (NYSE:CPQ -news) said it would acquire ailing Digital Equipment (NYSE:DEC - news) . While Compaq lost about 10%, DEC soared, and the Compaq move indicated that enriched technology companies are definitely in vulture mode. More important, it looks like two bellwether technology stocks are starting to make decisive moves higher: Intel (Nasdaq:INTC - news) and Microsoft(Nasdaq:MSFT - news) . For some time we've maintained that it would be tough for technology to regain a leadership role without Intel. Intel is a prime provider of basic elements involved in the technology revolution. If personal computer sales are weakening or capital spending plans are fading, then Intel has a tougher sales road ahead. So when its stock starts rebounding, that reflects market sentiment that Intel's sales prospects are improving. The chip giant has languished since last September. Back on Sept. 23 it clipped 99 1/8, just shy of its July move above 100. The stock slumped to 69 1/8 on Dec. 18 and has steadily fought higher since then. Today Intel closed at 77 11/16, its highest finish in nearly two months. And Microsoft, despite the Justice Department probe, rose on Monday to a level not seen since Dec. 10, gaining 3 9/16 to 141 3/4. Investors cheered the software giant's plan to split its stock 2-for-1, but there's a growing feeling among investors that Microsoft will figure out a way to placate the Justice Department without hurting its business prospects. Given Intel's move higher and Microsoft's renewed strength, the tech bulls might start nudging their way back into view. Certainly it's a tough argument to make on a day when the Ciscos of the world are getting kicked around. But these kinds of market turns have a habit of sneaking up on people. fnews.yahoo.com o~~~ O

To: Scrapps who wrote (12063)	1/27/1998 10:06:00 AM
From: Moonray	Respond to of 22053

MSNBC Desktop Video/MSNBC Business Video Program Schedule 08:19 a.m. Jan 27, 1998 Eastern MSNBC Desktop Video today announced the following MSNBC Business Video Schedule for Tuesday, Jan. 27: Schedule Summary: o Ford o Consumer Confidence Index o 3Com o Boeing o Tenneco o Abirnet 10:30 AM Ford (F) CFO John Devine holds conference call on Q4 earnings 11:00 AM Interview with Delos Smith on Conference Board's January Consumer Confidence index 1:00 PM Boeing (BA) CEO Philip Condit, COO Harry Stonecipher, President of Boeing Commercial Airplane Group Ronald Woodard and Japan, the three most important markets. o~~~ O