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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (3944)	12/26/1998 1:20:00 AM
From: DennisToo	Read Replies (1) \| Respond to of 90042

Did you read the post on TM's thread ?

To: Tim Luke who wrote (3944)	12/26/1998 12:17:00 PM
From: Glenn	Read Replies (2) \| Respond to of 90042

I can't figure out why the stock has surged up 50 or so percent a week ago. My guess is a takeover rumor. Let's assume it's a takeover rumor. If the rumor is not true, bingo, the stock goes back to 40. I doubt the stock is going up on the fundamentals. Systems integration houses, consultants, etc., typically have a bad first quarter. The Y2k stocks aren't taking off, so I can't attribute it to that. I'll keep looking. I'm also not privy to what you're looking for. I found this article interesting. Featured Articles from S&P Personal Wealth November 16, 1998 03:50 PM NEW YORK, Nov. 16 /PRNewswire/ -- Read the following articles exclusively at S&P Personal Wealth (http://www.personalwealth.com). Standard & Poor's is a division of the McGraw-Hill Companies: "Economists Expect Another Rate Cut" personalwealth.com If you read some of the headlines in the financial section of your local newspaper, you might think it is time to put all of this rate cut nonsense to sleep. The economy continues to grow, consumers are spending vigorously, and the stock market has staged an impressive turnaround. But despite stronger-than-expected third-quarter GDP and the equity market recovery, economists still believe that the Federal Reserve will lower the fed funds rate again in November. Find out why in the latest edition of Economic Insight. "Lehman Downgrades Cambridge Technology Partners to Neutral" personalwealth.com Lehman Brothers downgraded shares of management consulting and systems integration firm Cambridge Technology Partners CATP to neutral from buy and initiated coverage of competitor Sapient Corp. SAPE with a neutral opinion. Analyst Karl Keirstead said the ratings are based on negative feedback he has received from chief investment officers across a variety of industries suggesting that spending on custom applications development will decline. Word on the Street brings you comments every trading day from Wall Street's top equity analysts on stocks or industries that are moving significantly. "Steelcase Inc. Sees Lower than Expected 3rd Quarter Earnings" personalwealth.com Office furniture maker Steelcase Inc. SCS expects to report lower than expected $0.33-$0.35 third quarter earnings per share on 1%-3% lower sales, and fiscal 1999 sales flat with those of fiscal 1998. The company cited soft orders in September and October and the impact of volume reduction on gross margins. Other stocks featured in this morning's MarketMovers include Speedfam International SFAM , CalMat Co. CZM , Lowe's Cos. LOW , AVTEL Communications AVCO , Ligand Pharmaceuticals LGND , Alteon Inc. ALTN , Synalloy Corp. SYNC , and American Bankers Insurance Group ABI . S&P Personal Wealth (http://www.personalwealth.com) is the award winning service created specifically for individual investors by Standard & Poor's. Investment management features include personalized portfolio recommendations; buy, sell, and hold alerts; free real-time quotes, live market commentary; and in-depth analysis and research on companies and funds from hundreds of Standard and Poor's analysts worldwide. S&P Personal Wealth, recently described as "...easily the best one-stop shopping site for investors..." by Money.com, can also be reached through leading on-line service partners such as AOL, Netscape, Lycos, Quicken / Excite, ABCNEWS.com, Hearst HomeArts, and Mindspring. SOURCE Standard & Poor's Top Terms of Use, and Privacy Policy. © 1996-1998 Microsoft Corporation and/or its suppliers. All rights reserved. © 1998 PR Newswire. All rights reserved.