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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Cube who wrote (21069)	9/7/1998 2:15:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79173

Cube, In case you're still on strike (I thought I saw some activity at US Airways on my way through airportland on Sunday though) and have way too much time on your hands: GoInvest Weekly for September 3, 1998, brought to you by: goinvest.com The goal of this free weekly publication is to bring you the most interesting news articles, market commentary, and analysis from the overwhelming amount of information on the web. Nobody has the time or the desire to scour hundreds of web sites to keep up with events moving this volatile market and find information important to your investment decisions; then sort out the most interesting articles and web sites into a concise weekly email. Nobody... except us. For BREAKING NEWS And Up To The Minute Financial And Economic Information: goinvest.com offers free Reuters news service. Check us out and bookmark the site. Feel free to forward GoInvest Weekly to friends, family, and colleagues. If you were forwarded this edition and would like to subscribe to ensure you receive GoInvest Weekly on a regular basis, send subscription requests to: newsletter@goinvest.com with "subscribe" in the subject. If you wish to unsubscribe to this service, reply to this email with "unsubscribe" in the subject. GoInvest Weekly is a free, non-commercial service and as such, we would appreciate your feedback on: Content, Length, and Format. Please send your comments to: alex@goinvest.com. For Hot Stocks, go to goinvest.com __________________ IN THIS ISSUE ------------------ 1) Market News (7 Links) 2) Technology (7 Links) 3) Personal Finance And Mutual Funds (8 Links) 4) Y2K News and Analysis (5 Links) 5) Events That Could Move The Market In Coming Weeks(14 Links) _____________________________________________________________________ MARKET NEWS --------------------------------------------------------------------- Stocks In The News And On The Move: bloomberg.com quicken.com Market Wrap Up. Which sectors were strong? Which sectors were weak? briefing.com What Have Insiders Been Up To? cda.com Recent Commentary From Newsletter Writers marketrap.com News That Could Affect Particular Stocks Tomorrow: Check Up-The-Minute Reuters Economic And Financial News goinvest.com Check later this evening bloomberg.com ____________________________________________________________________ TECHNOLOGY -------------------------------------------------------------------- The last week has taken a lot of froth out of the technology sector, especially the internet stocks. Tech stocks were hit hard last week and on Monday, but they are regaining their footing. Here are some articles that might help you sort out what direction technology stocks are headed and who might profit from technology trends. The Marriage Of Biotechnology And Software Two technology sectors experiencing rapid innovation now begin to converge. Biotechnology and Java Applications are being used to profile the human genome and accelerate the development of new drugs. PE GenScope Supports Java For Gene Profiling by Richard Karpinski internetwk.com How Is The Internet Sector Reshaping Itself And Integrating E-Commerce? The Community Crush by Om Malik Internet portal companies continue to add new free services such as email, news services, stock quotes, etc. When one portal adds a service, the others rush to catch up. Many of the services are added by acquiring smaller internet software firms. This article takes a look at portal services, especially the movement towards "community." forbes.com Who's Next On Shopping List As Hub Sites Expand? by Whit Andrews "Need for technology turns some unlikely firms into targets... Armed with stock certificates for currency, the Internet's high-traffic sites and would-be superstores are engaged in an increasingly fierce struggle for primacy through acquisition." iw.com Inktomi To Buy Maker Of Online Shopping Tools by Sergio G. Non, TechInvestor "Inktomi wants to be an e-commerce player, too. On Tuesday, the San Mateo, Calif.-based provider of technology for search engines and network caching announced a deal to buy privately held C2B Technologies in a stock swap worth almost $90 million. C2B makes software for comparison shopping online." techweb.com Domain Debate Highlights Net's Growing Pains by John Borland "A group of would-be Internet founding fathers and mothers say they are close to creating the Net's first governing body. But there are still bumps ahead. At stake is control of Net domain-name policy with millions of dollars in trademark issues, domain-name opportunities, and other issues hanging in the balance." internetwk.com Some News On The Big Computer Guys Buyer Of IBM Unit Would Want Global Reach By Sergio G. Non An analysis of the potential $4 billion sale of IBM's Global Networks unit. techweb.com Compaq Plots Alpha Comeback By Brett Mendel "Compaq, seeing opportunity in Intel chip delays, is preparing to turn up the volume on the beleaguered Alpha processor." lantimes.com

To: Cube who wrote (21069)	9/7/1998 2:17:00 PM
From: Doug R	Respond to of 79173

PERSONAL FINANCE AND MUTUAL FUNDS -------------------------------------------------------------------- Paying For The Privilege Of Procrastination by Joseph Anthony "The Internal Revenue Service has announced that when taxpayers pay their federal income taxes next year, they'll be able to use credit cards. At first glance, that seems like a great deal. Get to the final line on your Form 1040 and just say, "Charge it!" But in fact, using a credit card could be a lousy way of paying your tax bill." abcnews.com The Flat Yield Curve by A. Gary Shilling Forbes columnist makes the case for 3% bonds in the coming decade and a prolonged period of flat yield curves. forbes.com You Be The Banker by Mark Skousen "If credit risk bothers you less than interest rate risk, consider owning a prime rate fund." forbes.com Utilities Crackle In Summer Swelter by Michael Parrish "This year's heat wave has jolted electric rates to shocking levels. Since deregulation, the winners are the companies able to take advantage of the spike. For investors, the period of turmoil has been a boon -- providing insight into the winners, losers and trends already surfacing in the high-stakes, mysterious new world of deregulated electricity trading." investor.msn.com Complain All You Want by Kenneth L. Fisher Forbes columnist makes the case for sticking with the mega-caps here and overseas. forbes.com Your Road Map To A Winning Portfolio 10 Steps You Can Take Now! by Barbara Mlotek Whelehan mfmag.com A Disaster In the Making By Scott Burns & Harris Collingwood "How 401(k)s, so brilliant in theory, are failing millions of hard-working American savers." worth.com An Explanation Of Unit Investment Trusts (UITs) "QUESTION: Recently my broker has been pushing unit investment trusts. Could you give me some insight on these? Are they better than mutual funds?" smartmoney.com ____________________________________________________________________ Y2K SITES OF THE WEEK -------------------------------------------------------------------- "We are not going to have a catastrophic situation on our hands. Nor will the year 2000 be problem-free. Where will it come out between the two extremes? I don't know that." Edward Kelly Jr.-Federal Reserve Governor Money Magazine- July 1998 I know I used this quote last week, but as of yet, this is the most even-handed assessment I can find. I have not yet come to any conclusion on the problems that will result from the Y2K problem. I will pass along the articles I find that may provide some needed insight. This week a little good news on state and local efforts and good signs on the legal front. State and Local Governments Appear To Be Getting Their Act Together. Maine regulators Look Into Utilities' Preparation For 'Year 2000' Bug by Frank Fisher "A sluggish response by more than 100 Maine public utilities to state regulators asking about computer preparations for the year 2000 has forced the Maine Public Utilities Commission to start applying some pressure." fosters.com Council OKs spending $12.6 million on Y2K Fix "A $12.6 million fund to address computer problems that otherwise could shut down local government at the turn of the century got City-County Council approval Monday night." starnews.com Mildly Good News Related To Y2K Lawsuits Y2K Is Months Away, But Sharks Are Circling "Chilled by a possible blizzard of year 2000-bug lawsuits -- one estimate sees $1 trillion in damages -- corporations are asking the feds for help." cgi.pathfinder.com Intuit Y2K Lawsuit Dismissed by Erich Luening "Intuit today said a lawsuit that was filed against it that alleged some of its products did not recognize the Year 2000 has been dismissed. It marks what observers believe is the first dismissal of such a case in a group of class-action suits regarding the Y2K technology problem." news.com A Tax Break For Companies Fixing Y2K Problems? Amid Worries, A Year 2000 Windfall by Curt Anderson "Companies struggling with Year 2000 computer problems may find a silver tax lining with the IRS, but some questions cloud the issue -- such as how to qualify for the best deductions. The Internal Revenue Service says it will allow full tax deductions -- in a single year rather than the usual three -- for businesses that have to repair or convert existing software." herald.com Ahh... But will the IRS be Y2K compliant?

To: Cube who wrote (21069)	9/7/1998 2:18:00 PM
From: Doug R	Respond to of 79173

EVENTS THAT COULD MOVE THE MARKET IN COMING WEEKS -------------------------------------------------------------------- What a week? To quote a friend of mine who emailed me on Monday, "Holy Sh%#!" I could not say it any better myself, but let me expand on his point. The performance of the stock market hinges now, more than ever, on the reaction of individual investors. Over the past five years individual investors have religiously bought the dips. In August, many investors adopted a "Sell the rally" mentality. What "they," or rather "we," do over the coming months will determine the direction of the market. How Have Investors Reacted This Week? A Summary From Monday And Tuesday Investors Are Moving Money Away From Big Stock Funds "Fund shareholders at Fidelity Investments, Putnam Investments, Franklin Resources, Strong Funds, Janus Capital and T. Rowe Price Associates Monday were shifting money out of hard-hit stock funds and into safe, but low-yielding, money-market funds." msnbc.com Small Fund Investors Hold On, Do Some Buying by David Callaway "Fund companies said customer calls were at higher-than-average levels for a second day and were mostly questions about the market, although some investors were switching into money-market funds and some were buying equity funds." "Investors are clearly being cautious, but there is no exodus from stock funds and no signs of panic," said Edward Giltenan of T. Rowe Price seattletimes.com What Is Behind The Most Recent Market Volatility? Russia, maybe? Chernomyrdin Rejected NEW YORK (CNNfn) - "Storm clouds continued to brew over Russia's stock market and economy Monday after as the Communist-led lower house of parliament voted to reject Viktor Chernomyrdin as its new prime minister. The rejection is likely to add to the pressure on Russia's beleaguered currency and exacerbate the country's economic problems." cnnfn.com Meltdown in Russia More analysis with an overseas (UK) perspective. economist.com How The Soviet Union Fell Apart by Richard Pipes A little history and perspective on the collapse of the Soviet Union and birth of Russia. intellectualcapital.com A lot of hedge funds with positions in Russia had to sell other positions in order to cover leveraged losses in Russia. Those sales caused a domino reaction in markets around the world. Hedge Funds Miscalculated in Russia: Minding Money "Hedge fund managers, renowned for taking big risks almost anywhere in the interest of making money for their wealthy investors, met their match this year in Russia." bloomberg.com Some Thoughts On Political, Monetary, And Economic Reaction To The Stock Market Can Market Correction Be Corrected? by Merrill Goozner "The panic on Wall Street doesn't necessarily mean hard times to come, but the way economic policy-makers respond to it could make it worse." seattletimes.com Rate Cut May Be Emerging As Market's Salvation New York Times "As foreign and domestic investors fled to the safe harbor of the U.S. Treasury market Monday, talk was growing of a market-calming interest rate cut by the Federal Reserve." mercurycenter.com Dow Dive Stirs Some To Ponder Recession by Edward Wyatt "The sharp sell-off in stocks has led a growing number of people on Wall Street to wonder whether the stock market, often a leading economic indicator, may be forecasting a recession in the United States." mercurycenter.com Market's Turmoil Has Big Spenders Holding Off A Bit by Christina Duff and Carl Quintanilla msnbc.com A Longer Term Perspective On Emerging Markets- ASIA China has now witnessed a change in power in South Korea, a forced change of the Indonesian government and growing pressure on Yeltsin in Russia. All of this political turmoil followed currency devaluations. These political developments may be a stronger influence on the communists in Beijing than any economic pressures to devalue. If China can maintain a stable yuan, that would be a significant positive development for Asia and the world stock markets. With recent political difficulties in Russia, devaluation might now be less likely, because of political rather than economic reasons. What Will China Do? Why Devaluation Will Not Solve China's Economic Woes Bradley D. Belt "Almost a year since the first domino fell, will the Asian contagion claim its latest victim?" csis.org Emerging economies in Asia will have some advantages over the West as they develop. They will be able to benefit from our hindsight. They will adopt new technologies far earlier in their course of development. Instead of laying copper wire across their countries, they will use satellite, cellular, and fiber optic cable. They may even leap-frog the West in some technologies, because they will not be married to an older form. Smart Cards Take Great Leap Forward "China's vast emerging consumer market is to become the most ambitious testing ground to date for 'smart cards,' the plastic payment cards that have an embedded computer chip." China plans to issue 1.5 million to 2 million of the computerized cards next year. Schlumberger Ltd., the New York City-based technology and oil industry services business, this week announced it will provide the cards and the electronic machines that process them, as well as train consumers and clerks to use them. mercurycenter.com "A large portion of those who make online purchases in Taiwan are young office workers, with 41.3 percent of such purchases made by people 16-25 years of age and 49.4 percent made by 26-35 year-old shoppers, according to a survey conducted by the Market Intelligence Center (MIC) of the Institute for Information Industry (III)." nikkeibp.asiabiztech.com Paul Krugman Provides A Lengthy Analysis Of The Asia Situation Saving Asia: It's Time to Get Radical Paul Krugman The IMF plan not only has failed to revive Asia's troubled economies but has worsened the situation. It's now time for some painful medicine. pathfinder.com We hope you enjoyed this edition of GoInvest Weekly and look forward to your feedback. May all your longs go up and all your shorts go bankrupt. Alex von Streeruwitz Editor, GoInvest Weekly Please visit www.goinvest.com for your market data and news. -------------------------------- DISCLAIMER -------------------------------- Copyright 1998 Web Digital, Inc. GoInvest Weekly is not associated with or in control of the sites this publication links to. We cannot be held responsible for the accuracy of the content of those sites, nor the suitability of the information contained therein for any individual's business or investment decisions. Investment or business decisions made based in whole or in part on any information in this publication, or based on information from sites GoInvest Weekly links to, is done solely at the individual's risk and neither Web Digital nor Goinvest.com can be held responsible for any loss incurred. Web Digital and GoInvest.com do not offer legal or investment advice. Each individual's investment needs, goals, and risk tolerance are unique and information contained in this publication or links herein may not be appropriate for your investment decisions. It is the individual's responsibility to verify all information. Nothing in this publication should be construed as an offer or solicitation to buy or sell any products or securities.

To: Cube who wrote (21069)	9/7/1998 2:34:00 PM
From: Doug R	Respond to of 79173

Hot Technology Companies: 122 Qualify In August SAN DIEGO--(BUSINESS WIRE)--Sept. 2, 1998-- Facts Online announced that 122 U.S. technology companies qualified as "hot" during August 1998. To qualify, companies must have received new investments or made acquisitions during August. In addition, the companies must have national presence or potential. Of the 122 companies, 59 received new investments and 64 made acquisitions; with one company under both categories. Facts Online reviews tens of thousands of private and public companies to identify businesses with new investments or acquisitions. More information about this month's selection and thousands of other companies can be seen at the Facts Online Web site: facts-online.com The U.S. technology companies which met the criteria during August 1998 are: Accrue Software, ACT Teleconferencing, Acta Technology, Active Software, Acuity, American Dental Technologies, AppNet Systems, Arch Communications Group, Arepa, Ascend Communications, Autodesk, Cable Design Technologies, Cadence Design Systems, California Microwave, Cambridge Technology Partners, Captura Software, Carrier Access, Cisco Systems, ClientSoft, Computer Associates International, Computer Horizons, Concentric Network, Concur Technologies, Context Integration, Conversational Computing, Creative Design Solutions, Differential, Digital River, DII Group, DRS Technologies, Dynavax Technologies, Echelon, Eclipsys, EDO, Eltrax Systems, EMC, Entrust Technologies, Equifax, Essex International, Evergreen Internet, Excel Technology, F5 Labs, First Data, FirstLink Communications, FORE Systems, G2 Networks, GeoCities, GlobalCast, Globecomm Systems, Go2net, Guidant, Herley Industries, IEC Electronics, Incyte Pharmaceuticals, Information Management Associates, Infoseek, InfoSpinner, Inktomi, Innovision, Inso, International FiberCom, Jack Henry & Associates, Jenkon International, Keane, Level 3 Communications, Liquid Audio, Lycos, Magellan Network Systems, Maxtor, Medicines Company, Microdyne, Microsoft, Moai Technologies, Motive Communications, National Instruments, NetBuy, NETECT, NetPhone, Netplex Group, NetPro Computing, NETsilicon, NetVision, Nexabit Networks, NightFire Software, NorthEast Optic Network, Oak Technology, OnDisplay, OneSoft, Oracle, Platinum Technology, Primus, PSINet, Quark, Quintiles Transnational, RBS Group, RCN, Relativity Technologies, RELTEC, Rights Exchange, Ross Systems, Sage Networks, SALIX Technologies, SBS Technologies, Sequencia, SiRF Technology, SnapTrack, Softcom Microsystems, Softworks, Sterling Software, Summit Design, Synchrologic, Take-Two Interactive Software, Telegroup, Terayon, Thermo Optek, Transaction Systems Architects, UNOVA, Veritas Software, VIP Calling, Virtual Hold Technology, WinStar Communications and XTRA On-LIne. About Facts Online Facts Online is the leading source for Hot U.S. Technology Companies. These include: biotech, computers, computer printers and other peripherals, database publishers, health devices, national data processing services, networks, software publishers, national online or Internet providers, pharmaceuticals, semiconductors, interactive entertainment publishers, instruments, telecom and telephony manufacturers and telecom providers (such as cellular, wireless, RBOC's and LEC's.) Users of the Facts Online database include: technology companies, investment bankers, management consultants and executive recruiters. CONTACT: Facts Online Lawrence Taylor, 619/483-5393 facts@facts-online.com