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To: Ray Tarke who wrote (556)11/5/1998 11:02:00 AM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 939
 
Wall Street takes a breather, slips at open

NEW YORK, Nov 5 (Reuters) - Wall Street eased at Thursday's open amid profit-taking and consolidation from recent strong gains.

Markets also were focusing on Federal Reserve Chairman Alan Greenspan's 1215 EST/1715 GMT speech to a Securities Industry Association meeting.

''This market has been going straight up,'' said Arnie Owen, managing director of capital markets at Cruttenden Roth. "It just needed a breather.

The Dow industrials were off 32 points to 8750 points. The Nasdaq composite index eased 11 to 1812.

Declining issues led advancers two to one on the New York Stock Exchange and by three to two on the Nasdaq.

The Standard & Poors 500 index was off 6 points to 1112 and the 30-year U.S. Treasury bond was up 20/32 to yield 5.29 points.

Cisco Systems Inc. (Nasdaq:CSCO - news) was up 11/16 to 66-1/4 after the company reported quarterly results that beat forecasts. Cisco topped volume leaders on the Nasdaq.

biz.yahoo.com

Regards, Jeff




To: Ray Tarke who wrote (556)11/7/1998 7:28:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 939
 
Looks like Stuart Bockler will be back on CNNFn talking about ABMI come Monday morning. The following is now posted on his web site:

See Stuart Bockler President of International Market Advisors, Inc. on CNNfn on Monday

November 09, 1998 at 10:10 am.

cnnfm2.wav#Click to hear CNNfn Broadcast

The largest U.S. Heart conference will be held by the American Heart Association next week. American BioMed Inc. will be continuing discussions for OEM Manufacturing of their Stent and Silicon Balloon Catheters as well as their Drug Delivery Catheter.

With companies like Drug delivery companies like Warner-Lambert, Pfizer Inc. JNJ. Merck & Co., Bristol Meyers Squibb Co. as well as Boston Scientific, Guidant Corp. & Aerial Vascular Engineering in the $1 Billion Stent market make this a wonderful opportunity for American BioMed to strengthen many of the OEM relationships in the US and abroad.

imcadvisors.com

GO ABMI!

Regards, Jeff