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

To: jhild who wrote (15505)	5/18/1998 10:35:00 PM
From: DMaA	Respond to of 22053

Pushing the ultimate button. DOJ and Silicon Valley Shocked by Microsoft Nuclear Test

To: jhild who wrote (15505)	5/19/1998 1:52:00 AM
From: Scrapps	Respond to of 22053

Nukes?? I'll have to get back to you on that...the electro magnetic field got to our memory chips...I'll send an Internet Explorer to look out the Windows.

To: jhild who wrote (15505)	5/19/1998 10:51:00 AM
From: Scrapps	Read Replies (1) \| Respond to of 22053

I see your nuke and up you 50 megatons..... From: Briefing Com Microsoft slumped 3 3/8 in response to news that the DOJ and a collection of states filed separate anti-trust suits after settlement talks broke down over the weekend... Briefing maintains that the cases are largely without merit and that Microsoft will win out in the end... Problem is in the meantime, company faced with long, expensive court battle... But given that neither suit sought to delay shipment of Windows 98 the impact on MSFT's business over the near-term will be limited... As such stock's additional downside risk is minimal... On the plus side, release of Windows 98 and NT 5.0 early next year will drive solid growth in the quarters to come... Stock's slide on the negative news creating good long-term opportunity for growth oriented investors to buy one of the world's top tech firms at a more reasonable price.

To: jhild who wrote (15505)	5/19/1998 11:13:00 AM
From: Moonray	Read Replies (1) \| Respond to of 22053

Market panic eases after Suharto speech Posted at 6:38 a.m. PDT Tuesday, May 19, 1998 HONG KONG (AP) -- From Singapore to Seoul, Asia's battered markets took heart today from Indonesian President Suharto's announcement that he will institute reforms, call new elections and ultimately step down. Nowhere was the reaction as strong as in beleaguered Indonesia. Although trading volume was low, the JSX Composite Index surged 24.906 points, or 6.4 percent, to 413.824 on Suharto's announcement. The Indonesian currency was trading at 12,125 rupiah to the U.S. dollar, unchanged from its close Monday, after recording a low of 13,700 against the dollar. Currencies and stocks across the region fell sharply early today as markets anticipated more trouble in the island nation. Panicky selling gripped the market in Jakarta, and Indonesia's woes dragged down many regional markets. Suharto said he would institute reforms and organize new elections, and that after those elections, he would not continue his 32 years in power. He did not give a timetable. But traders said the speech was enough to give hope that Indonesia could avoid a continuation of the violence that claimed 500 lives last week. In Tokyo, the news from Indonesia one of the few positives helping to counteract uncertainty over the Japanese economy and Asia's prospects. The benchmark 225-issue Nikkei Stock Average climbed 167.18 points, or 1.08 percent, closing at 15,551.65 -- the highest finish in more than two weeks. On Monday, the average had gained 141.61 points, or 0.93 percent. Meanwhile, the U.S. dollar rose against the yen as demand for the American currency was spurred by lingering fears of further instability in Indonesia. The dollar was quoted at 135.92 yen in late afternoon, up 0.62 yen from late Monday in Tokyo but below its late New York rate of 136.25 yen overnight. As far away as South Korea, the currency rose in response to the news from Indonesia. The South Korean won, which fell from Monday's close of 1,444 to the dollar to 1,464 on Tuesday, rebounded after the news and was trading at 1,437. On the Seoul Stock Exchange, the key Korea Composite Stock Price Index rose 3.53 points, or 0.9 percent, to 362.53. Thai share prices tumbled because of a sell-off in the banking sector as the central bank's takeover of seven finance companies raised fears that its crackdown on the industry is far from over. The Stock Exchange of Thailand index plunged 10.75 points, or 3.0 percent, to 346.46. Philippine shares also closed sharply lower as investors unloaded their holdings ahead of the anniversary of Indonesia's independence movement Wednesday, which many fear may lead to more violent riots. The Philippine Stock Exchange Index of 30 selected issues fell 56.50 points, or 2.7 percent, to 2,068.91. In Singapore, share prices also fell as a rally following Suharto's speech failed to last. The benchmark Straits Times Industrial Index fell 13.12 points, or 1 percent, to 1,278.62. Share prices in Hong Kong rebounded after Suharto's speech. The Hang Seng Index rose 37.14 points, or 0.3 percent, closing at 9,449.11. o~~~ O