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To: Kirk © who wrote (4739)3/4/1999 2:07:00 PM
From: Dorine Essey  Read Replies (1) | Respond to of 8218
 

Business Wire DELL COMPUTER ANALYST ASHOK KUMAR INTERVIEW ON RADIOWALLSTREET TO BE BROADCAST OVER THE INTERNET BUSINESS EDITORS/HI-TECH WRITERS PHILADELPHIA--(BUSINESS WIRE)--MARCH 4, 1999--RADIOWALLSTREET WILL

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PHILADELPHIA--(BUSINESS WIRE)--March 4, 1999--RadioWallStreet
will broadcast an interview this afternoon, March 4, 1999 at 3:00 p.m.
EST with Ashok Kumar, CFA, the Dell Computer analyst at Piper Jaffray
discussing the Dell Computer Corporation (NASDAQ:DELL.O) and IBM Corp.
(NYSE:IBM.N) supply partnership announcement.
Conducting the interview will be Joe Besecker of Emerald
Research, a leading equity research firm.
To listen to the interview, investors should go to Vcall's
website located at vcall.com and click on the
RadioWallStreet event.
For those unable to attend the live broadcast, a replay will be
available beginning approximately one hour after the interview ends.
RadioWallStreet is a Vcall service that broadcasts interviews,
roundtable discussions, seminars and other events of interest to the
investment community. RadioWallStreet events may be heard over the
Internet and may be accessed through Vcall's website.
Vcall helps public companies deliver their investor
communications efficiently to a broad audience of shareholders and
financial professionals by broadcasting events over the Internet both
live and on replay.

--30--KMK/ph*



To: Kirk © who wrote (4739)3/4/1999 2:45:00 PM
From: Dorine Essey  Respond to of 8218
 
U.S. stocks pare some sharp gains in afternoon

March 4, 1999 02:17 PM
NEW YORK, March 4 (Reuters) - U.S. stocks pared some of their sharpest gains of the day in afternoon trade Thursday but were still broadly higher on excitement over a huge technology pact between two industry bellwethers.

The Dow Jones industrial average was up 124 points, or 1.3 percent, at 9400. Earlier, the index gained as much as 173 points.

The technology-laden Nasdaq Composite Index was up 8 points, or 0.3 percent, at 2273, erasing most of its 46-point gain earlier in the day.

Bulls took over the market earlier in the day on news that Dell Computer Corp. DELL , a leader of the Nasdaq, would buy $16 billion worth of components from International Business Machines Corp. IBM , a Dow component.

But traders said the excitement had not wiped out investor jitters over the outlook for the technology sector, which has been pressuring Wall Street recently.

"It's not a big surprise that the tech rally came and went," said Peter Coolidge, senior equity trader at Brean Murray. "This event may have spurred some bargain-hunting, but there's still a lot of nervousness out there."

Besides focusing on developments in the technology group, investors were looking toward the U.S. February employment report, due for release before the market opens Friday.

The report is expected to offer hints at where the Federal Reserve is headed on interest rates.

The benchmark 30-year bond was up 1/32 to yield 5.69 percent.

((--Holly Rosenkrantz, Wall Street Desk, 212-859-1727)) REUTERS


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