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To: IQBAL LATIF who wrote (25058)4/8/1999 7:11:00 AM
From: nicewatch  Respond to of 50167
 
Hi Ike, Thank you for the kind words... I appreciate it. Of the stuff I look at... I think the charts -I post- are a better sampling of simple effective techniques that can work well if used right. The funny thing is that lots of different people see lots of different things in the same charts (says more about the people than the charts, imo <g>). I like to call a spade a spade.. I'm no ace at it, but working on it... to that end, I appreciate your posts as well. Talk to you later, take care Best Regards, Frank P.S. I just updated my charts



To: IQBAL LATIF who wrote (25058)4/8/1999 8:35:00 AM
From: LABMAN  Respond to of 50167
 
FROM REUTERS

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[ Business | US Market | By Industry | IPO | AP | S&P | International | PRNews | BizWire ]

Thursday April 8, 8:14 am Eastern Time
(Note: this article is ''in progress''; there will likely be an
update soon.)

Wall Street hoping for Q1 earnings
boost at open

By Jennifer Shaw

NEW YORK, April 8 (Reuters) - Wall Street -- with the Dow
at a record high -- is hoping General Electric Co. (NYSE:GE - news) will light up the big board
Thursday morning with strong results.

Techs could cheer Yahoo! Inc.'s (Nasdaq:YHOO - news) strong quarter.

''There's a divergence here,'' said Larry Wachtel, market analyst at Prudential Securities. ''We got
the the good news out of Yahoo, and GE reports today. The turn-on for the averages could be the
quarterly earnings reports''.

GE is the second Dow 30 stock to report earnings for the first quarter of 1999.

A favorable report on Wednesday from blue chip Alcoa (NYSE:AA - news) set a positive tone
for the Dow, which rallied 121.83 points, or 1.22 percent, to a record 10085.31. Alcoa was the
first blue chip to post first-quarter earnings. But market breadth was negative and the Nasdaq
finished lower.

''It looks like we'll open on a relatively firm note,'' said Bill Meehan, chief market analyst at Cantor
Fitzgerald. ''A lot will depend on whether we see some bidders in the technology area.''

Financial stocks, up sharply on Wednesday, are another potential source of market strength,
analysts say.

''There's still a lot of excitement there,'' said Meehan, who said the sector was getting a hand from
''a more sanguine outlook for emerging markets,'' as well as a strong IPO market and positive
earnings reports.

On Wedneday investors remained glued to Yahoo! Inc. (Nasdaq:YHOO - news) which after the
close reported first quarter earnings that surpassed analysts' estimates.

The portal giant said it earned $0.11 a share before acquisition charges. Most analysts had
expected $0.08 a share. Yahoo shares closed Wednesday at 208-7/16 after a volatile session.

''I think (Yahoo) will have a marginally positive impact,'' said Meehan. ''I wouldn't be surprised if
after the initial strength we didn't see some institutional selling (in Yahoo) coming in.''

At 0800 EDT/1200 GMT, March S&P futures were down 0.90 percent. Standard & Poor's
500-stock index also set a new high on Wednesday rising nine points, or 0.68 percent.

The military conflict in Yugoslavia remains a potential cloud over the stock market.

On the data front, jobless claims for the week ended April 3 are due at 0830 EDT/1230 GMT.

(Note: this article is ''in progress''; there will likely be an update soon.)

More Quotes
and News:
ALCOA Inc (NYSE:AA - news)
DJ INDU AVERAGE (Dow Jones & Company, Inc) (^DJI - news)
General Electric Co (NYSE:GE - news)
Yahoo Inc (Nasdaq:YHOO - news)

Related News Categories: mining/metals, US Market News

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Copyright © 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is
expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or
delays in the content, or for any actions taken in reliance thereon.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: IQBAL LATIF who wrote (25058)4/8/1999 8:47:00 AM
From: LABMAN  Respond to of 50167
 
FROM REUTERS

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Thursday April 8, 8:26 am Eastern Time

General Electric Q1 Shr Diluted
$0.65 Vs $0.57

(This is a headline-only alert, although it will likely be
followed by an article soon)

More Quotes and News:
General Electric Co (NYSE:GE - news)
Related News Categories: computers, US Market News

Help

Copyright © 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is
expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or
delays in the content, or for any actions taken in reliance thereon.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: IQBAL LATIF who wrote (25058)4/8/1999 8:52:00 AM
From: LABMAN  Respond to of 50167
 
FROM REUTERS, could be an interesting day today to say the least

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[ Business | US Market | By Industry | IPO | AP | S&P | International | PRNews | BizWire ]

Thursday April 8, 8:33 am Eastern Time

Cme June Standard & Poor's 500
Futures Edge to Contract High on
Globex Trade

(This is a headline-only alert, although it will likely be
followed by an article soon)

Related News Categories: US Market News

Help

Copyright © 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is
expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or
delays in the content, or for any actions taken in reliance thereon.
See our Important Disclaimers and Legal Information.
Questions or Comments?