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To: donald sew who wrote (36146)	3/6/1998 8:36:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 58727

Do you know what the "Hi/Lo"s were yesterday? I did not realize that Yahoo! clears the decks each morning. I generally start putting indicators together the night before but between organizing NCAA pools and arranging a LP for a spoo trading account I did absolutely zip on preparation last night.

To: donald sew who wrote (36146)	3/6/1998 8:47:00 PM
From: John Sikora	Respond to of 58727

donald, Thanks for the input on the Y2k sector...Any updates are much appreciated. This index had a banner day today w/ the service providers making new highs. I'm wondering if this sector might decouple from the overall market in a serious downtrend? Just a thought. Took todays rally to get PUTS in MU ALTR and IBM. Today was hard to figure. There must still some be some $ that needs to find a home.? Enjoy the weekend! john To: +Mang Cheng (14327 ) From: +jim bender Friday, Mar 6 1998 7:52PM EST Reply # of 14328 Compaq issues warning PC maker joins the growing list of high tech firms to warn about 1Q March 6, 1998: 6:53 p.m. ET Intel issues profit warning - March 4, 1998 PC makers hold heads high - March 5, 1998 Intel Compaq NEW YORK (CNNfn) - Compaq Computer Corp. Friday became the latest high tech bellwether to warn about first quarter profits, telling investors it now expects results to be roughly break-even on relatively flat sales. The announcement, delivered after the end of New York Stock Exchange trading, marked the third time in three days a major technology company warned it would fall short of expectations. PC business headed for a slowdown? Industry analysts said Compaq's warning, coming on the heels of similar statements from Intel Corp. and Motorola Inc. earlier this year, provides strong evidence that the worldwide computer industry, one of the engines of economic growth, is facing fundamentally lower demand. "There is real trouble in the sector," said John Rossi, managing director at investment bank BancAmerica Robertson Stephens. "We're looking at a pretty tepid market this year." Demand from Asia has collapsed amid the region's economic troubles, corporate buyers are putting off purchases until Microsoft Corp. releases a new operating system late this year, and corporate technology departments are throwing all their money at fixing their Year 2000 glitches, Rossi said. That caught Compaq by surprise, which had dropped prices and pushed lots of PCs to resellers and distributors late in the year. But the resellers are still burning off old inventory and are not buying any more.