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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Joe Hoek who wrote (24512)2/5/1999 8:56:00 AM
From: Hope  Respond to of 120523
 
Labor statistics from Briefing.com

08:33 ET Market Indication: Current level of S&P futures
contract suggests flat to slightly higher open... Bonds turn negative
after report of January employment report. Non-farm payroll
employment rose 245,000, ahead of Wall Street expectations.
Unemployment rate remained unchanged. S&P futures beginning to
surge on heels of report. Now, current level suggesting Dow open of
plus 35 or so.... Overseas markets mixed: Hong Kong -2.6%, Japan
-1.3%, France +0.4%, Germany +0.2%.



To: Joe Hoek who wrote (24512)2/5/1999 9:11:00 AM
From: kumqwatt  Read Replies (2) | Respond to of 120523
 
Jenna--Recommendation please on SE with earnings announced last night --thank you



To: Joe Hoek who wrote (24512)2/5/1999 9:19:00 AM
From: SMALL FRY  Read Replies (2) | Respond to of 120523
 
Joe,

EGGS -


Reuters, Thursday, February 04, 1999 at 23:34

SEATTLE, Feb 4 (Reuters) - Egghead.com Inc. rose in heavy
trading Thursday on persistent speculation the Internet
retailer could be a takeover target, analysts and traders said.
Egghead rose 3-5/8 to 21-1/8 on Nasdaq volume of nearly
nine million shares, compared with a daily average of 5
million.
An Egghead spokesman, citing company policy, declined to
comment.
The rumors seemed to be fueled in part by an article in the
online edition of Smart Money magazine that speculated
Egghead.com, among others, might be a good fit with Internet
retailing giant Amazon.com Inc (NASDAQ:AMZN).
An Amazon.com spokesman also declined comment, but analysts
said they doubted any such deal was in the works.
"If Amazon.com wanted to sell software they could go
straight to Ingram Micro," the big distributor, said Ken
Cassar, a retail analyst for Jupiter Communications.
But he and others said Amazon.com likely would do more
acquisitions in the future aimed at expand its offerings to
more product categories and more geographic markets.

Copyright 1999, Reuters News Service