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To: HG who wrote (46793)3/22/1999 4:30:00 PM
From: Sonny Blue  Respond to of 164684
 
>> Is there any prediction on market conditions for tomorrow?

It's hard to say right now. My market timing system has been bearish since last week but I continue to stay bullish. I thought the Net stocks will save the day. But a lot of daytraders will dump everything at the first moment of panic.



To: HG who wrote (46793)3/22/1999 4:41:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Yahoo, Broadcast.com won't comment on report
PALO ALTO, Calif., March 22 (Reuters) - Yahoo Inc <YHOO.O>
and Broadcast.com Inc <BCST.O> declined to comment on Monday
on a published report they were considering a merger.
The report, which appeared in Business Week's online
edition, said executives of the Internet portal Yahoo had met
with Dallas-based Broadcast.com, which runs streaming video
including news broadcasts, sporting events and concerts over
the Internet.
Broadcast.com stock, which has been among the hottest
Internet stocks since the company went public last summer, was
the biggest gainer on Nasdaq Monday, rising $30 to $115 in
afternoon trade. Yahoo stock was up $2.25 to $172.25.
Santa Clara, Calif.-based Yahoo is the leading Internet
portal, and has aggressively pursued acquisitions and
partnerships to broaden its audience.
The report about a possible combination of the two
companies come at a time when more rich media content like
audio and video clips is becoming available on the Internet.
Snap.com, another Internet portal, on Monday unveiled an
extensive overhaul of its online service, to compile an
assortment of rich-media content. The new service will enable
users to search for audio and video clips online the way they
currently search for printed word content.