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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey D who wrote (8822)	12/12/1998 12:02:00 PM
From: Diamond Jim	Read Replies (2) \| Respond to of 42834

12/12 05:15 The Bull Market Report Weekly Recap The Bull Market Report Weekly Recap WASHINGTON--(BUSINESS WIRE)--Dec. 12, 1998-- Here are some of the news items covered from last week's issues: - International Data Corporation predicts that 320 million people will be online in 2002, up from 100 million now. Fortunes will be made in this new business. - Bank of England cuts interest rates. Good for investors around the world. - FedEx (NYSE:FDX) is poised to benefit by delivering the increased volume of packages that will be sold via the Internet. Barrons published a long piece about this same scenario and on Monday the stock exploded, up over $12 at one point during the day. - A blockbuster movie about America Online will be released on December 18th called You've Got Mail! Often, a positive spin on a situation slides off onto Wall Street. AOL (NYSE:AOL) should benefit from having superstars Meg Ryan and Tom Hanks fall in love on the screen. If Wall Street is in a euphoric mood during the time of this release, things could bode well for the stock price of AOL. - Aetna to buy Prudential Healthcare in $1 billion deal. Great news for Aetna (NYSE:AET) and the healthcare industry. - Compaq (NYSE:CPQ) raises dividend - MCI-Worldcom may cut up to 2,300 jobs. Although sad for the 2,300 people, it is a good move for MCI WorldCom (NASDAQ:WCOM) and the stock reacted favorably. - Korea's stocks surge almost 8% Thursday. A big surge for Korean stocks. - Bank of England cuts interest rates. World governments are looking out for the investor and continued rates cuts should spur higher equity prices around the world. - Ericsson (NASDAQ:ERICY) drops on profit warning; job cuts. - The populace wants Social Security options. 75% think they should be allowed to invest their SS monies in equities - Intel (NASDAQ:INTC) licenses Pentium II to US Government. A good deal for both entities - AT&T to buy IBM network business. IBM (NYSE:IBM) is the big beneficiary here. Bristol-Myers-Squibb (NYSE:BMY) -- Downgraded by Paine Webber (NYSE:PWJ) Cisco Systems (NASDAQ:CSCO) -- Upgraded by Morgan Stanley (NYSE:MWD). Price target raised to $100. Compaq (NYSE:CPQ) price target raised to $50 by Solomon Smith Barney The Bull Market Report has over 27,000 subscribers. It is a premier investment newsletter delivered daily via email serving serious long-term investors. The newsletter publishes news and commentary about companies that create wealth, and is read by top money managers, brokers and investors.