To: Joseph G. who wrote (16842 ) 9/7/1998 10:53:00 AM From: Zoltan! Read Replies (2) | Respond to of 77399
Asian markets soar Monday Tokyo stocks close up 5.32%; Hong Kong index gains 7.9% ASSOCIATED PRESS HONG KONG, Sept. 7 - Asian stock markets recorded one big gain after another Monday, with traders crediting everything from Japan's strengthening yen to speculation about lower U.S. interest rates and new market controls imposed by Malaysia and Hong Kong. European stocks also rebounded sharply in early Monday trading...msnbc.com Tech Sector stocks Our research suggests that investors over the rest of the year will continue to favor the strongest large-cap issues. To select stocks in sectors, we therefore started with a market cap of $5 billion, then eliminated troubled stocks trading below their 200-day moving averages. We then applied a special price-momentum screen, the FOG index, that assigns a high ranking to stocks that have advanced the most over the past 12 months but have consolidated or stumbled in the most recent month and quarter. This "breather"often sets stocks up for a new run of strong gains, according to our research. We chose the stocks in each sector with the highest FOG index. (The FOG formula, developed by Ford Investors Services of San Diego: 12-mo. % price gain minus 3-mo. % gain, minus 3 times the 1-m.o % gain.) For more on our stock-screening methods and analysis of the market, see "Counting down the top stocks with CNBC" by Jon D. Markman. Subscribers can build the latest Tech Sector screen with Investment Finder Need an Account? Register for a 30-day free trial. Quotes delayed at least 20 minutes. Tech Sector stocks Symbol 9/4/98 Close Price Now Today's Change Change Since 9/4/98 Lucent Technologies Inc. LU 75.25 75.25 unch 0.00% Nokia Corporation NOK.A 72.50 72.50 unch 0.00% Dell Computer Corporation DELL 109.50 109.50 unch 0.00% Compuware Corporation CPWR 52.38 52.38 unch 0.00% Computer Sciences Corporation CSC 62.13 62.13 unch 0.00% Cisco Systems, Inc. CSCO 89.25 89.25 unch 0.00% EMC Corporation EMC 49.00 49.00 unch 0.00% BMC Software, Inc. BMCS 46.88 46.88 unch 0.00% Microsoft Corporation MSFT 96.63 96.63 unch 0.00% SAP AG SAP 47.13 47.13 unch 0.00% Total 0.00% S&P 500 0.00% investor.msn.com