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Strategies & Market Trends : Sonki's Links List -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (144)	6/17/1998 8:31:00 PM
From: ANANT	Respond to of 395

sonki: dig-jam ELINK: is making a secon. offering to the investors. up 2+ = 60+ growing twice at thr mkt. - mci/yhoo offer is $20 - 40% of cust. in CA- 50% gth of cust. - positive looking chart - no worry about MCI/WCOM - good relations with UUNET. ---------------------- Preview od Win98: if u are a good user of computer, this is fantastic -simple and painless - works smoothly - communication dial up - defragmentation hard dr. - need at least pent. 160 - etc. ------------------------------------------ EDS has done lot of work on the restoration of film "Gone with the Wind" frame by frame sometimes better than the original - this can be transferred easily DVD etc - -------------------------------------------------------------- T is suing MSFT on NT source code - case expected to trial next year ------------------------------ Naz up 60 points in the last 2 days. ( 3%) It still off 1555 from record Briefing.com Guy: ORCL: better than expected - good across the board - tgt 28 based on todays price - AOL,YHOO are the best in group - highly volatile - AOL Is it a deal stk? search engines like SEEk, LCOS WCOM/MCI merger gets approved by Friday. - If wcom goes above 46 on a closing price , it will go to lower 50's in 6 months. ---------------------------------------------------------------------- Video graphic chips: NVIDIA ceo 3D e-mail - majority games use 3D graphics - competitors Intel - Intel sees the 3D graphics is very critical - comp resources are high - need 3D graphics proc. - this is driving platform transitions - that is why Intc interested - --------------------------- Oracle CFO there could be some neg. effect on the db bus. for next 6 mon - expect 1 or 2 yrs before asian problems disappear - fundamental problems in japan should be solved. -------------------------------------- www.mulan.com - dis offering movie using xfiles - shock wave animation . ------------------- End of story of the day.

To: Sonki who wrote (144)	6/18/1998 12:11:00 AM
From: ANANT	Respond to of 395

sonki: Option letter I like this letter. Good recom: csco, tbr, dell etc. Like to try for a qrtr for $ 65. The Option Investor Newsletter Wednesday 7:PM 6-17-98 mho Posted to website optioninvestor.com at 6:45PM Also provided as a service to The Online Investor Advantage Published three times weekly, Sunday, Tuesday, Thursday evenings. **************************************************************** MARKET WRAP ************************************************************** 6-17-98 High Low Volume Advances Decline DOW 8829.46 +164.17 8892.48 8665.73 726,319k 2,175 894 Nasdaq 1776.40 + 23.28 1786.89 1762.19 786,375k 2,143 1,262 S&P-100 537.47 + 9.08 541.33 528.39 S&P-500 1107.10 + 19.51 1112.87 1087.59 ************************************************************** WOW - Blowout ! Thank you uncle Sam ! If you don't know by now, you live in a closet. The U.S. decided to intervene in the falling yen and stabilize the Japanese currency. They bought $2 billion of yen in the open markets driving the ratio of yen to dollar down as much as 6 yen during the day. This, along with the rush trip to Japan by Deputy Secretary Summers provided a big boost to U.S. and world markets. Within 30 min of the open the Dow was up +100 points and climbing fast. The market was up +220 before noon with no real sell off over lunch. The high occurred around 2:30 hitting +227 just before the normal late day sell off dropping -67 points just before the close. Almost everything except airlines joined in the rally. Internet stocks jumped the most after it was disclosed that AOL turned down an offer from AT&T to buy the company. All the Internet's finished higher with big gains. AOL +4.88, YHOO +8.69, CNET +10.38, XCIT +8.81 SEEK was the lone ranger posting only a +1.38. Tomorrow should be another interesting day. Technically we should see a pullback in the general market as profit taking occurs normally. There were no real sellers this afternoon and tomorrow will depend on the Asian markets tonight. Japan is up +616 at 7:PM tonight which was to be expected. A good follow through by the rest of Asia and no negative news tonight and we might actually see a positive market tomorrow as well. The bias WAS positive for the rest of the week before the intervention. With triple witching options expiration on Friday and end of quarter buying for fund manager window dressing next week, we could see 9100 again soon. The -200 Monday took out a lot of the stragglers and with the 725 million volume today the buyers were out in force. I have no magic play for tomorrow. We could go either way. Keep your stops tight to hold on to your profit and we will give you a complete update in our regular Thursday newsletter. Plan your trades, execute your plan ! Jim ********************************************************* SPECIAL TWO DAY TRADE RESULTS FROM TUESDAY ********************************************************* SPX +30.09 (Tue/Wed) JUN-1100 call SPT-FT at $2.25, high today 16.50, +14.25 (644%) TBR +10.38 (Tue/Wed) JUN-105 CALL TBR-FA at $1.50, high today $ 6.50, +5.00 (333%) JUL-105 CALL TBR-GA at $5.75, high today $10.38, +4.63 (80%) CSCO +2.44 (Tue/Wed) JUN-80 CALL CYQ-FP at $ .56, high today $2.00, +1.44 (257%) JUL-80 CALL CYQ-GP at $2.75, high today $4.25, +1.50 (54%) AMR +1.13 (Tue/Wed) Held back by firming oil. JUN-80 call AMR-FP at $1.00, high yesterday $1.88, +.88 (88%) JUL-80 call AMR-GP at $3.13, high yesterday $4.25, +1.13 (36%) ********************************************************* RESULTS FROM TUESDAY PLAYS OF THE DAY ********************************************************* PG $81.19 +1.81 (+3.93 for week) Change today CALL JUN-85 PG-FQ at $2.63 high today $5.13 +2.50 (+95%) CALL JUN-90 PG-FR at $ .31 high today $ .75 + .44 (+141%) CALL JUL-85 PG-GQ at $4.50 high today $6.00 +1.50 (+33%) CALL JUL-90 PG-GR at $1.94 high today $2.75 + .81 (+42%) CALL JUL-95 PG-GS at $ .50 high today $ .75 + .25 (+50%) ********************************************************* CCU +103.25 +.50 (+2.25 for week) CCU was up almost $3.00 intraday but fell back on profit taking. Change today CALL JUN-100 CCU-FT at $3.25 high today $5.13 +1.88 (+58%) CALL JUN-105 CCU-FA at $ .56 high today $1.00 + .44 (+78%) CALL JUL-100 CCU-GT at $5.63 high today $7.00 +1.37 (+24%) CALL JUL-105 CCU-GA at $3.13 high today $4.50 +1.37 (+44%) *********************************************************** SEEK $34.50 +1.38 (+4.38 for week) Seek was held back from the Internet jump today by the disclosure that the Disney or Warner Amx buyout rumors were made up in a chat room and were false. Change today CALL JUL-35QI-GG at $3.63 high today $4.50 +$.88 (+24%) CALL SEP-35 QI-IG at $6.25 high today $6.75 +$.50 (+8%) Change since Sunday CALL JUL-35QI-GG at $2.69 high today $4.50 +1.81 (+67%) CALL SEP-35 QI-IG at $4.88 high today $6.75 +1.88 (+38%) *********************************************************** PUT PLAY GP $57.25 +1.63 OUCH ! (-1.00 for week) Only the second up day for GP since May 20th !! Although down today we are still up for the week. With the market up +227 midday everybody joined in the rally ! GP is still down -$7.00 since we picked it a week ago. Change today PUT JUL-55 GP-SK at $2.06 high today +1.75 close $1.56 -.44 (-21%) Change since Sunday PUT JUL-55 GP-SK at $1.19 high today +1.75 close $1.56 +.38 (+31%) ************************************************** FREE TRIAL READERS ************************************************** If you like the results you have been receiving we would welcome you as a permanent subscriber. The monthly subscription price is 24.95 The quarterly price is 64.95 which is $10 off the monthly rate. We would like to have you as a subscriber. You may subscribe at any time but your subscription will not start until your free trial is over. To subscribe you may go to our website at <www.optioninvestor.com> and click on "subscribe" to use our secure credit card server or you may simply send an email to "subscribe@optioninvestor.com" with your credit card information,(number, exp date, name) or you may call us at 303-220-9218 and give us the information over the phone. You may also fax the information to: 303-220-0790 *************************************************** DISCLAIMER This newsletter is a publication dedicated to the education of options traders. The newsletter is an information service only. The information provided herein is not to be construed as an offer to buy or sell securities of any kind. The newsletter picks are not to be considered a recommendation of any stock or option but an information resource to aid the investor in making an informed decision regarding trading in options. All investors should consult a qualified professional before trading in any security. The information provided has been obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. The newsletter staff makes every effort to provide timely information to its subscribers but cannot guarantee specific delivery times due to factors beyond our control.

To: Sonki who wrote (144)	6/18/1998 7:11:00 AM
From: ANANT	Respond to of 395

sonki: WSJ report on Oracle June 18, 1998 Oracle's Quarterly Net Rose 12% On Increased Demand for Software By DON CLARK Staff Reporter of THE WALL STREET JOURNAL Oracle Corp., riding rebounding demand for its database software and services, topped expectations for profit in its fiscal fourth quarter. The Redwood Shores, Calif., company said net income for the period ended May 31 rose 12% to $403 million, or 41 cents a diluted share, from $360 million, or 36 cents, in the year-earlier period. Analysts' consensus for the latest period was 38 cents, according to First Call. Oracle's revenue rose 24% to $2.41 billion from $1.95 billion. Company Profile: Oracle Oracle, whose dominance in databases parallels Microsoft Corp. in operating systems, has been struggling to reassure investors about that market's health since its fiscal second period, when sales of database-server programs grew just 3% over the year-earlier period. That growth rate rebounded to 13% in its third period, and again grew by 13% in the fourth quarter reported Wednesday. "The database business has definitely come back and is doing well," said Jeffrey Henley, Oracle's executive vice president and chief financial officer. A Big Disappointment But Oracle disclosed a big disappointment in applications programs that work with its databases. That business, which grew 30% in the third period after rising just 7% in the second quarter, actually declined by 1% in the most recent period. "It's been all over the map," Mr. Henley said of Oracle's application business. "We have to do a better job next year." Oracle released its results after stock markets closed. Its stock closed at $24.3125 on the Nasdaq Stock Market, and in after-hours trading rose to $25.5625, according to Instinet Inc. Databases, which store business records, are a foundation for software that companies use to manage transactions and internal processes. Besides the software itself, Oracle derives a substantial amount of its revenue from services to help customers install, customize and maintain its programs. That segment is now Oracle's most robust, with revenue swelling 43% to $1.17 billion in the just-ended quarter, while revenue from licensing all software products grew 10% to $1.24 billion. Coping With a Reorganization The company, No. 2 in the software market behind rival Microsoft, has been coping with the after-effects of a sales-force reorganization last year and turmoil in some other foreign markets. In Asia, Oracle said sales of its database-server programs fell 29% in the latest period, even worse than the 25% decline reported in the third period. But server revenue in Oracle's Americas unit rose 24%, and grew 15% in Europe. Business applications are a newer market for Oracle, and one growing faster than databases. But the company faces stiff competition from companies that specialize only in that business, such as Germany's SAP AG and PeopleSoft Inc. of Pleasanton, Calif., and have been growing much faster than Oracle. Mr. Henley acknowledged that it is Oracle's execution, not overall market demand, that led to the 1% sales decline in the latest quarter. The company recently released some new software in that business that should help the problem, he said, but may take time to take hold.

To: Sonki who wrote (144)	6/18/1998 7:27:00 AM
From: ANANT	Respond to of 395

sonki: Tech Briefs - WSJ - ORCL, Dell, CPQ, IBM etc Please read. ( Excerpts) Digits: Gambits & Gadgets In the World of Technology Dell Computer Corp., the direct-sales PC powerhouse that forced rivals to lower prices for workstations and servers when it entered those markets, now has an ax aimed at storage systems. At PC Expo in New York this week, Dell for the first time showed large-scale data storage products, resulting from a new relationship with storage veteran Data General Corp. The low-cost company adopted a sleek black design for the systems, evoking the menacing "big iron" boxes of rivals like International Business Machines Corp. It plans a broad rollout in a few weeks. Vows chief executive officer Michael Dell: "We will do the same thing we've done in servers and workstations by bringing more realistic pricing to the market." Meanwhile, Sony Corp. showed more pricing realism as well. Though the company's 505 SuperSlim notebook computer got lots of attention at the show, its two-year-old home-PC operation finally joined the rest of the industry with sharply cheaper systems. Previously, Sony concentrated on PCs priced over $1,700. Now it has three models below that price, including one at $999 and a $1,299 unit with an advanced DVD drive. ÿÿ* Elsewhere at PC Expo, Compaq Computer Corp. takes the prize for the most bizarre exhibit. Just in time to celebrate its recent takeover of Digital Equipment Corp., the Houston computer maker is staging a song-and-acrobatics piece meant to depict the "new world of computing." As dry-ice smoke fills the stage and vaguely Indian-sounding music booms, a troupe wearing Buck Rogers-style helmets and skin-tight costumes made of fur, silver lame and sequins writhes and somersaults. The connection between the Star Trek-meets-Vegas act and computing isn't immediately obvious. ÿÿ* Heading West: PC Expo, which has grown into one of the industry's biggest gatherings of corporate buyers and sellers, plans to announce Thursday that it is expanding from New York to San Francisco. The West Coast version is expected to begin next April. Show officials say the expansion after 16 years in New York is aimed at enticing more corporate buyers from the West. "Our audiences are so regional that it makes sense to start a new show," says Laura McQuaid, show director of PC Expo, which is produced by Miller Freeman Inc., a San Francisco-based unit of Britain's United News and Media PLC. The move comes as computer trade shows continue to proliferate with the industry's growth. The Comdex extravaganza in Las Vegas draws more than 200,000 people each fall. PC Expo's crowd this week is estimated at 100,000. ÿÿ* How Desperate are Silicon Valley companies for programmers? Well, Oracle Corp. has been promoting its recruiting message with a 20-foot billboard atop a flatbed trailer, with an ice cream truck bringing up the rear. The duo has been driving up and down Silicon Valley's two major highways, pulling into parking lots near software startups that employ the kind of talent Oracle is after. The company, which is trying to staff up to boost its software for automating functions like sales and marketing, isn't saying how many people are coming out to grab the free treats. But says Senior Vice President Nimish Mehta, "We've ordered 10,000 ice cream sandwiches and we'll buy more if necessary." ÿÿ* Microsoft Corp. didn't get everything it wanted in this week's deal with Road Runner, the high-speed Internet access service of Time Warner Inc. and MediaOne Group. Microsoft put in $212.5 million for a 10% stake in the cable joint venture, as did Compaq. But the cable industry remains wary of giving Microsoft too big a role. People familiar with the negotiations say the cable companies refused Microsoft's request for a commitment to use Microsoft's Windows CE operating system and its WebTV technology in their digital set-top boxes. In turn, Microsoft, which is laying bets on other technologies including souped-up phone lines and satellites, brushed aside a suggestion from the cable companies that Road Runner be its exclusive investment in high-speed Internet access. Microsoft got "preferred provider" status, which means it would have an edge over other suppliers as long as its technology fits Road Runner's specifications -- which Microsoft will help define. ÿÿ* Getting new legs? Visitors to Unisys Corp.'s bucolic headquarters near Philadelphia can't help but notice an odd assortment of three-legged stools. Employees even sport little brass pins that look like stools usually seen at kitchen counters. The reason? On his second day on the job last fall, Chairman Lawrence Weinbach told the troops in a telecast how customers, employees and reputation are like three legs of a stool. If one is weak, he said, the whole company is unstable. Unisys then sent out pins to all employees.

To: Sonki who wrote (144)	6/18/1998 6:03:00 PM
From: ANANT	Respond to of 395

sonki: taking stock and news Elaine G: bullish - expects 4-7% correction - expect 0% e gth in S&P - Interest rate to come down from 5.7% to 5.4 % based on inflation & surplus - forecast 1.5% inflation- bond ylds go down - Bonds & stks do well - asia crisis continuing - takes few yrs to get it right - not bearish for US. Likes: Centex Banking - Chase MCD Kroger Intel, orcl for long term ------------------------ MU e -.50 loss vs estd .40 loss -------------------------- TAKING STOCK: Q&A: COMS: not an interesting merger candidate - one of the better network candidate - ERICY could take over F: cut costs - Cypress: not buying - --------------------------------------

To: Sonki who wrote (144)	6/18/1998 8:33:00 PM
From: ANANT	Respond to of 395

sonki: some more news on txn, nvls nvls is cutting 10% of its work force due to slackness in semi industry txn: eliminating 3500 jobs. savings 270 M /year - will sell mem. biz. to mu at loss - csh + stk. txn will be the largest shareholder of mu. DSP:and TXN: DSP's touches one's life 20 times everyday before lunch. ( cell phones etc) - 30% gth/year - mem. gth < 5%/yr - DSP is a global biz. 2/3 from abroad. -------------------------------------------------- digi-jam: Rumor is : ERICY is looking for take-over of ASND or COMS. Last 30 days IBM has 7 downgrades and HWP 20 downgrades. seasonality, asian crisis , currency problems Big Chip Deal: 1. MU is giving 600 M stk and 200 to pay off debt TI is not great in DRAM biz. TXN is getting lot ot of cheap mu stk- MU is getting 200M cash to go against Koreans - txn can participate in good dram biz. of mu - koreans are dumping drams - cpq and ibm have inv. under control - pc demand increase in 2nd half - will be lot of dram demand- mu is a local co - how can they handle global mkts given by TXN ? ------------------------------------ ericy to buy Asnd : voice guys want digital guys ERICY is a voice co. Its move is good. LU, ERICY, Siemens, CSCO on acquirer side - CSCO makes small acquisitions - mega deals are hard to assimilate COMS has lot of core tech and could be attractive ------------------------------ tlabs has consistently beat S&P 2.6 time. the ceo takes very small compensation unusual to a co ceo of tlab size. ------------------------- video e-mail high compression video - can be easily created with a camcorder etc and send - user double clicks to see the see the video with no special equip.- very useful for bus. promotionss - social settings etc. ---------------------------------- End of the story.

To: Sonki who wrote (144)	6/20/1998 11:50:00 AM
From: ANANT	Read Replies (1) \| Respond to of 395

sonki infobeat closing bell Finance - Full Closing Bell for Friday, June 19, 1998 Your personalized e-mail news, brought to you by InfoBeat <http://www.infobeat.com> Symbol Security Close Change Volume (00s) AOL <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=AOL> America Online Inc. 96 3/8ÿ +2 1/2ÿ 34656ÿ CMGI <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=CMGI> CMG Info Svcs. Inc. 50 1/8ÿ - 3/4ÿ 5636ÿ CDN <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=CDN> Cadence Design Systems Inc. 31 3/16ÿ - 5/16ÿ 12051ÿ SCH <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=SCH> Charles Schwab Corp 30 5/8ÿ - 13/16ÿ 6500ÿ CSCO <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=CSCO> Cisco Systems Inc. 83 1/8ÿ +1 ÿ 94948ÿ CCI <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=CCI> Citicorp 150 1/16ÿ - 11/16ÿ 23318ÿ CPQ <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=CPQ> Compaq Computer Corp 27 1/2ÿ - 1/16ÿ 61120ÿ DELL <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=DELL> Dell Computer Corp 84 3/4ÿ + 1/8ÿ 74004ÿ DIA <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=DIA> Diamonds Trust 87 1/16ÿ -1 7/32ÿ 5061ÿ DUK <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=DUK> Duke Energy Corporation 59 9/16ÿ - 13/16ÿ 6986ÿ EK <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=EK> Eastman Kodak Co 67 1/8ÿ - 13/16ÿ 9714ÿ GE <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=GE> General Electric Company 87 ÿ - 15/16ÿ 68233ÿ HD <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=HD> Home Depot Inc. 82 1/8ÿ -2 ÿ 24606ÿ IBM <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=IBM> IBM 106 1/8ÿ -2 11/16ÿ 48840ÿ INTC <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=INTC> Intel Corporation 70 ÿ + 5/16ÿ 172229ÿ LU <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=LU> Lucent Technologies 72 1/4ÿ - 11/16ÿ 41053ÿ MCIC <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=MCIC> MCI Communications Corporation 56 1/2ÿ +1 13/16ÿ 81142ÿ MRK <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=MRK> Merck And Co. Inc. 126 7/8ÿ -2 ÿ 35995ÿ MSFT <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=MSFT> Microsoft Corporation 94 11/16ÿ +3 1/2ÿ 228364ÿ MOT <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=MOT> Motorola Inc. 49 3/4ÿ - 5/16ÿ 17110ÿ PFE <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=PFE> Pfizer Inc. 111 1/2ÿ -2 7/8ÿ 55016ÿ MO <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=MO> Philip Morris Companies Inc. 38 11/16ÿ - 7/8ÿ 59162ÿ PG <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=PG> Procter And Gamble Co 88 3/8ÿ -1 1/2ÿ 30373ÿ QWST <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=QWST> Qwest Communications Intl Inc 29 9/16ÿ - 7/16ÿ 15127ÿ SPY <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=SPY> Standard And Poors Dep Receipts Uts. 110 1/16ÿ - 57/64ÿ 35491ÿ MDY <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=MDY> Standard And Poors Mid Cap Dep Rec 67 9/64ÿ - 7/16ÿ 2512ÿ SUNW <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=SUNW> Sun Microsystems Inc. 42 9/16ÿ + 7/16ÿ 29296ÿ TBR <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=TBR> Telecommunicaoes Brasileiras Sa 107 15/16ÿ +1 9/16ÿ 40467ÿ VVUS <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=VVUS> Vivus Inc. 6 1/16ÿ - 1/4ÿ 10368ÿ WMT <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=WMT> Wal Mart Stores Inc. 57 7/8ÿ - 1/8ÿ 42296ÿ WLA <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=WLA> Warner Lambert Company 63 11/16ÿ - 3/16ÿ 23871ÿ WCOM <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=WCOM> Worldcom Inc 47 1/16ÿ +1 5/16ÿ 195484ÿ YHOO <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=YHOO> Yahoo Corporation 129 1/4ÿ +1 1/2ÿ 36944ÿ FSAIX <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=FSAIX> Fidelity Select Air Transportation 28.35ÿ +0.07ÿ ÿ FSPHX <http://www.investools.com/cgi-bin/T/charts/MERC?symbol=FSPHX> Fidelity Select Health Care Port. 120.04ÿ -0.30ÿ ÿ DJIA Dow Jones 30 Industrials 8,712.87ÿ -100.14ÿ ÿ Click on a symbol to see its performance graph over the past year. _____ <http://adserver.merc.com/adserver.cgi?version=1.0&action=adclick&eid=3571673&id=3c146dec8c305f1c48ec2818dbbcd603c65> _____ Trading Tips Presented by: SURETRADE.COM <http://audit.infobeat.com/cgi/audit.fcgi?src=ib.finance.cb_trading_tip.19980619&email=ramarao@sritek.com&ad=16&click=1> ** Be Willing to Accept Losses One of the greatest downfalls of most investors is the inability to take a loss when it should be taken. Losses are part of investing. The key is to minimize their impact by setting stop-loss levels. _____ General Electric Company (GE) Eleven people, including a number of GENERAL ELECTRIC CO Canada employees, were killed early on Thursday when a plane crashed in flames at Montreal's Mirabel airport as the pilot attempted an emergency landing. "There were no survivors, given the flames and the force of the explosion," Raymond Monette, general manager of Mirabel Airport, told reporters at a news conference. Mississauga, Ontario-based GE Canada confirmed in a statement that some of its GE Hydro division employees were on board the aircraft. (Reuters 08:06 PM ET 06/18/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554692214-32b> _____ General Electric Company (GE) GE Medical Systems, a unit of GENERAL ELECTRIC CO, said that it formed a marketing alliance with IMATRON INC to distribute a cardiac scanner, the Imatron C-150 Ultrafast CT scanner, throughout the United States and Canada. Imatron's scanner uses electron beam tomography to create "stop-action" images of the heart and measure calcium deposits in coronary arteries, assisting physicians in early detection of heart disease, the company said. Under the distribution agreement, resulting contracts will be written directly with Imatron, which will install and service units, while GE Medical provides financing options for customers purchasing the equipment, the company said. (Reuters 10:42 AM ET 06/19/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554702126-64c> _____ MCI Communications Corporation (MCIC) Worldcom Inc (WCOM) WORLDCOM INC and MCI COMMUNICATIONS CORP held talks with the European Commission about winning approval for their merger, but it was unclear whether they were successful. The negotiations ran right up to the start of a meeting of merger advisers from the 15 European Union states. The highly-secretive panel met for four hours but members declined to comment on the outcome of their discussions. "There were discussions with the Commission up to the last minute on a new proposal," a member of the advisory merger committee told Reuters. Commission spokesman Stefan Rating refused to say anything. (Reuters 11:27 AM ET 06/19/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554702560-24d> _____ Merck And Co. Inc. (MRK) ASTRA AB and MERCK AND CO agreed to restructure their 50-50 joint venture, Astra Merck Inc, in a deal that industry sources say could ultimately be worth $10 billion to $15 billion for Merck and gives Astra management control of the venture. The companies said that Astra Merck's business will be combined with Astra's wholly owned subsidiary Astra USA Inc. in a new U.S. limited partnership, named Astra Pharmaceuticals LP, over which Astra will have management control as the general partner. Merck said the agreement is expected to close July 1. The deal gives Astra the right to buy out Merck's stake in 2008 for no less than $4.4 billion. (Reuters 08:50 AM ET 06/19/98) _____ Merck And Co. Inc. (MRK) MERCK AND CO said the restructuring of its joint venture with ASTRA will be immediately accretive to earnings because Merck will share in the revenues, but not the costs, of Astra product sales in the U.S. At a briefing, Merck CFO Judy Lewent said the company will get a percentage of Astra's U.S. revenues based on the product and the level of sales. The exact percentage was not disclosed. Astra said the restructuring would dilute its earnings by nil to 5 percent in 1998 and 1999, and be accretive to earnings by more than 5 percent starting in 2000. (Reuters 11:50 AM ET 06/19/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554702916-bc7> _____ Microsoft Corporation (MSFT) Goldman Sachs said it raised its 1998 earnings estimate for MICROSOFT CORP to $1.77 per share from $1.75 per share. (Reuters 10:10 AM ET 06/19/98) _____ Microsoft Corporation (MSFT) MICROSOFT CORP chairman Bill Gates said he was optimistic about the continuing growth of the personal computer industry despite Asia's financial crisis. "In terms of the worldwide PC market, this was another year of strong growth, (with) units growing well over 15%, that's a very gratifying result when you have 90 million units a year being sold," Gates said in a news conference in Taipei. Gates said some Asian economies had been in a down cycle, but this would not affect world market growth for personal computers. (Reuters 07:21 AM ET 06/19/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554699957-43e> _____ Motorola Inc. (MOT) Late yesterday, information technology and engineering firm Getronics NV announced that it expects to reach an agreement on the acquisition of Motorola Radio Systems (MRS), a subsidiary of MOTOROLA INC. MRS was formerly a subsidiary of Bosch PMR which Motorola Land Mobile Products Sector acquired last year. MRS is active in mobile communication and supplies voice and data radio communication systems in the Netherlands. The company has 14 employees. (Reuters 07:03 PM ET 06/18/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554691467-b30> _____ Pfizer Inc. (PFE) PFIZER said it has received a non-approvable letter from the FDA for its novel antipsychotic Zeldox (ziprasidone Hcl). Pfizer said it is planning to meet with the FDA to discuss the issues raised by the agency, including the possible submission of additional data, as suggested by the FDA. "We are obviously disappointed at this development, but remain confident of the safety and efficacy of Zeldox," said John F. Niblack, Ph.D., executive vice president of Pfizer Inc and head of R&D. "We remain committed to making every effort to bring this medicine to patients in the U.S. and around the world. (PR Newswire 02:05 PM ET 06/19/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554704578-ce0> _____ Telecommunicaoes Brasileiras Sa (TBR) Brazil was busy Friday preparing an appeal of a court ruling that annuls a shareholders meeting that broke up TELECOMMUNICAOES BRASILEIRAS SA in preparation for its July 29 sale. "We're putting the final touches on our arguments and are going to appeal to the Superior Court of Justice (STJ)," said a spokeswoman at Brazil's Attorney General's Office. Government officials expect to lodge their appeal of the ruling by the Regional Federal Court (TRF) in Sao Paulo later Friday or on Monday. The TRF decided late Thursday to resuscitate an old injunction, granted and then quashed before the meeting, that sought to prevent stockholders from gathering to split up Latin America's biggest telecom. (Reuters 10:38 AM ET 06/19/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554702092-f5a> _____ Telecommunicaoes Brasileiras Sa (TBR) A Brazilian court has annulled last month's shareholders meeting where TELECOMMUNICAOES BRASILEIRAS SA was broken into 12 holdings as a vital prelude to its privatization on July 29, news reports said. The government plans to appeal the ruling by the Regional Federal Court (TRF) in Sao Paulo and said that for now the company's breakup remains valid, Folha de S.Paulo daily said. Reports of the TRF's decision and expected appeal could not be independently confirmed early Friday. (Reuters 08:32 AM ET 06/19/98) For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554700794-872> _____ Dow Jones 30 Industrials (DJIA) MARKET NEWS: The Dow closed sharply lower Friday amid doubts about a speedy cure for Japan's ailing economy, with selling fueled by quarterly expiration of stock derivatives. The Dow closed off 100 points, or 1.14%, at 8713, off 122 on the week. The Standard & Poor's 500-company index ended off six points at 1101, eking out a two point gain for the week. On the New York Stock Exchange, declining issues led advancers by three-to-two with a heavy 695 million shares changing hands. The Nasdaq ended up nine points at 1781, up 36 on the week. The 30-year Treasury bond was up 16/32 to yield 5.68%. The dollar rose to just under 137 yen after dipping to a one-month low of below 134 overnight. For the full text story, see full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2554706564-212>