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To: swagman who wrote (11164)	7/22/1998 12:40:00 AM
From: umbro	Read Replies (2) \| Respond to of 164684

Swag, we cannot control The Beast, we can only track it. As far as finding new opportunties, this is not the forum. There are other boards for that, and one already focused on NTBK.

To: swagman who wrote (11164)	7/22/1998 9:08:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Wall Street set to rebound, eyes Fed, earnings Reuters Story - July 22, 1998 08:25 %US %STX %FCAST %.N %.N/O LU DIS HWP V%REUTER P%RTR By Marjorie Olster NEW YORK, July 22 (Reuters) - Wall Street stocks were expected to rebound at the open Wednesday, with investors focusing on the Federal Reserve and corporate earnings. Fed Chairman Alan Greenspan repeats his Humphrey-Hawkins testimony on the economy to the House Banking Committee starting at 1000 EDT/1400 GMT. He will also answer questions from lawmakers. Technology stocks looked set to shoot higher, boosted by better-than-expected earnings from Lucent Technologies . "If we don't get any bombshells, the market is going to recover and will firm," said Prudential Securities analyst Hildegarde Zagorski. "The market was overdue for a sell-off." Stocks slid Tuesday after Greenspan said the Fed may have to tighten monetary policy if jobs growth and domestic demand do not slow. The Dow industrials finished down 105 points at 9190. The tech-laden Nasdaq snapped a run of nine straight record-high closes to end off 35 points, or 1.74 percent, at 1979. "Some people were disappointed Greenspan didn't hint at an easing. Other people think he was just trying to talk the market down because the economy certainly does seem to be slowing," said Zagorski. Today's question-and-answer session with legislators could shed more light on Greenspan's view of the economy and monetary policy. But analysts expect the focus of investors to turn back to corporate earnings. Disappointing news from blue chips Walt Disney Co. and Hewlett-Packard could put pressure on the Dow. Hewlett said its third-quarter earnings will probably drop below analysts' downwardly revised forecasts. The company cited continued weakness in Asia and new signs of economic uncertainty in other regions. Hewlett shares fell in pre-open trade to 58-1/2 from 61-13/16 at the close Tuesday. Disney reported fiscal third-quarter earnings of $0.20 per share, compared with year-ago pro forma earnings of $0.21. Analysts had expected $0.21 per share again, according to First Call. Disney shares fell to 37 before the opening bell from 37-3/4 at Tuesday's close.