Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (33313)	4/14/1999 7:48:00 AM
From: John Pitera	Respond to of 86076

FROM THE BULLS: --BillMeehan at the bottom I can see [the market] going up another 1,000 points here," says JOE McALINDEN of MORGAN STANLEY DEAN WITTER. (CNN "Moneyline", 4/12) "The market has a life of its own," says CHARLES PRADILLA of SG COWEN. "We're in the middle or near the end of a bull market where every time you've had an opportunity to buy it turns out to be the right decision." ("USA Today", 4/13) FROM THE BEARS: "There's going to be a reality check in the next five months and I think you're going to find that, one-by-one, the market will find an excuse to bring down technology stocks because the industry -- that is the computer industry -- is basically weak," says LOU ENRENKRANTZ of EHRENKRANTZ KING NUSSBAUM. (CNN "Moneyline", 4/12) "I think there's so much money out there coming into the market and this [rally Monday] just shows exactly how strong the market is," says JOSEPH FINNEGAN of CMJ PARTNERS. "You've got the leadership kind of rolling over into the financials. The oils ... are continuing to improve. The Russell is acting better. We're starting to see some money come into the smaller cap stocks. ... [But] we're still going to see most of the money going to the most liquid, highly capitalized stocks. ... I think what you're seeing is maybe some people who maybe around the 10,000 level pulled back and didn't really want to jump in here are being forced into the market as the market rallies." (CNBC "Street Signs", 4/12) "[Monday] surprised everybody," says RICHARD BERNSTEIN at MERRILL LYNCH. "Anyone who says they expected this to happen is a fibber." (NYT, 4/13) "The fact that money can come out of what has been the strongest group and have it flow into other areas shows that the game is still intact," says MICHAEL CLARK of CREDIT SUISSE FIRST BOSTON. "And the market's improved breadth is a healthy sign." (NYT, 4/13) "The fundamentals are intact," says ASH RAJAN of PRUDENTIAL SECURITIES. "You have the rates in [check], you have inflation under control, you have cash inflows coming in and earnings off to a fairly good start with fewer [negative] preannouncements this first quarter, with the exception of Compaq." (CNN "Moneyline", 4/12) "I don't see any reason why this market can't work higher," says RALPH BLOCH of RAYMOND JAMES. "Leadership is turning strong, the Russell 2000 ... [is picking up] and that's where we're picking up some breadth." (CNBC "Street Signs", 4/12) "Every year the March quarter shows tremendous seasonality [for computer sellers], usually down between 5 and 10 percent from the December quarter, and when that happens suddenly you hear expressions of panic all over the Street," says ROGER McNAMEE of INTEGRAL CAPITAL PARTNERS. "The stocks sell off and people start talking about how this time it's not really going to come back. Personally, I think that's all nonsense. I think this is just another normal year for the personal computer industry." (CNBC "Market Wrap", 4/12) "I thought a key indicator of what would happen in the wake of the Compaq announcement would be the behavior of Internet stocks," says WILLIAM MEEHAN at CANTOR FITZGERALD. "That is a group where you don't have to worry about earnings announcements." (NYT, 4/13)

To: MythMan who wrote (33313)	4/14/1999 7:55:00 AM
From: John Pitera	Read Replies (1) \| Respond to of 86076

Text of Executive Order Designating Combat Zones U.S. Newswire 13 Apr 18:22 Text of Executive Order Designating Combat Zones To: National and International desks Contact: White House Press Office, 202-456-2100 WASHINGTON, April 13 /U.S. Newswire/ -- Following is the text of an Executive Order, released today by the White House: EXECUTIVE ORDER - - - - - - - DESIGNATION OF FEDERAL REPUBLIC OF YUGOSLAVIA (SERBIA/MONTENEGRO), ALBANIA, THE AIRSPACE ABOVE, AND ADJACENT WATERS AS A COMBAT ZONE Pursuant to the authority vested in me as President by the Constitution and laws of the United States of America, including section 112 of the Internal Revenue Code of 1986 (26 U.S.C. 112), I designate, for the purposes of that section, the following locations, including the airspace above such locations, as an area in which Armed Forces of the United States are and have been engaged in combat: -- The Federal Republic of Yugoslavia (Serbia/Montenegro); -- Albania; -- the Adriatic Sea; -- the Ionian Sea north of the 39th parallel. For the purposes of this order, I designate March 24, 1999, as the date of the commencement of combatant activities in such zone. WILLIAM J. CLINTON THE WHITE HOUSE, April 13, 1999. -0- /U.S. Newswire 202-347-2770/ 04/13 18:22 Copyright 1999, U.S. Newswire usnewswire.com