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To: Mohan Marette who wrote (117733)4/15/1999 10:16:00 AM
From: Lee  Read Replies (2) | Respond to of 176388
 
Morning Mohan,..Re:. Abby says vast majority of U.S tech stocks represent very good value!

Thanks for the NBR briefs. Abby has been right on the macro-economics for awhile now so it's not surprising she can find value.

BTW, weekly jobless claims were up 14K to 316k, first time up in weeks and first time total over 300K in weeks.
dol.gov

More healthy economic news out of the Philly Fed.

The current index of general activity increased sharply this month, from 10.4 to 26.4. The increase marks the highest reading of the index since September 1995 (see chart). Over 39 percent of the manufacturers reported increases in the level of general business activity this month; 13 percent reported decreases.

phil.frb.org

Happy Thursday,

Lee