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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: rupert1 who wrote (30980)	8/17/1998 2:26:00 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

U.S. TRADING SUMMARY: Wall Street stocks shrugged off the Russian ruble devaluation and worries about the Clinton presidency to trade modestly higher at midday on Monday. At 1:15 p.m. ET, the Dow industrials were up 54 points at 8479. The S&P 500 rose eight to 1071 and the Nasdaq gained almost eight to 1798. On the Big Board, declines led advances 15-to-13 on volume of 324 million shares. "The market consolidation is not over," said Scott Bleier, chief investment strategist at Prime Charter Ltd. "This is a tough market environment. Earnings growth is in question, there is worldwide unrest and the political situation here puts a cap on the market." Bleier said buying in a few selected blue chips and large-cap technology stocks was boosting the averages. We always have brief periods of arguments. This will pass. NW