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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?


To: Jolie Renee who wrote (4912)10/19/1998 6:49:00 AM
From: Emec  Read Replies (1) | Respond to of 15094
 
From today's WSJ. I would like to think we could add the phrase "and to HDIE" at the end of the sentence.Article also stated that no significant layoffs are expected. As long as no KEY HBOC people are gone, I think we are in good shape. I would think that McKesson would leave things alone on the HBOC side since although McKesson dwarfs HBOC in size, HBOC is more profitable than they are

"Indeed, some analysts saw the merger as a way for
McKesson to bolster its profit margins while bringing its extensive
distribution network to HBO."



To: Jolie Renee who wrote (4912)10/19/1998 6:53:00 AM
From: Emec  Respond to of 15094
 
Monday October 19, 6:25 am Eastern Time

FOCUS-Rate cuts encourage Tokyo stocks, HK slips

By Tim Johnston

SINGAPORE, Oct 19 (Reuters) - Tokyo's stockmarket, still fired with the optimism
sparked by last week's U.S. rate cuts, was up more than two percent on Monday, but Hong
Kong ended its 2,000-point winning streak with a round of profit-taking.

The Nikkei 225 average finished up 2.16 percent at 13,567.20. Traders and analysts said they were encouraged by the
possibilities presented by cheaper money after the Fed rate cuts, but warned that the market was still vulnerable.

''The downside risks have lessened in the near term as global equity markets were encouraged by credit-easing around the
world,'' said Koichi Kurata, portfolio manager of Ashahi Mutual Life Insurance.

''(But) if the government fails to implement an additional economic stimulus package, Tokyo stocks may retreat again.''

Hong Kong's Hang Seng dropped 177.96 points to close at 9,599.05, ending a bull run that saw the index rise over 2,000
points since October 5.

But traders said the U.S. rate cuts had eased pressure on the Hong Kong dollar and some bargain hunters were looking to red
chips, which they judged to have lagged behind the rally.

The red-chip China-Affiliated Corporations Index was up 8.63 percent.

Korean markets were depressed by the news that Hyundai Motor had won the bidding match for troubled Kia Motors,
beating Ford and dashing hopes that the U.S. motor giant would funnel much needed foreign capital and confidence into
Korea.

The Korea composite Stock Price Index closed down 2.48 percent at 373.97.

''The choice of Hyundai, rather than Ford, was disappointing because it is likely to throw a wet blanket on efforts to lure
foreign capital,'' said Sohn Byung-oh, a fund manager at Daehan Investment Trust Co Ltd.

Elsewhere in Asia, Manila's traders put their money on further U.S. rate cuts and, further encouraged by a buoyant peso,
drove the market up 3.62 percent to a 2- month high.

''The market was mainly affected by the general positive mood in the region (due) to prospects of another U.S. rate cut,'' said
Michael Ordinanza, analyst at PCIB Securities.

Taiwan ended virtually unchanged, up just 0.05 percent at 6,904.56. Brokers said the index was unable to break through
strong psychological resistance at 7,000 in the absence of any clearly positive news to break the listless mood.

Thailand's SET was down 5.05 points at 314.77, another victim of profit taking. The Bangkok index had risen almost 30
percent between October 5 and last Friday.

Singapore, Malaysia and India's markets were closed on Monday for the Diwali holiday.