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To: Keith A Walker who wrote (1316)4/19/1999 8:56:00 PM
From: Patriarch  Respond to of 6531
 
U.S. Q1 earnings seen good across the board

April 19, 1999 05:11 PM
NEW YORK, April 19 (Reuters) - U.S. corporations are likely to deliver positive surprises across many industry sectors, the chief investment officer of One Group Mutual Funds told a press briefing Monday.

"I think you're going to see a lot of positive surprises right across the board," Rick Jandrain said. He said that with the earnings outlook supported by an economy that is likely to remain strong, the stock market is going through a rotation of leadership that involves a broadening of the advance from a small group of stocks with hefty price-to-earnings valuations that have been in the forefront up to now.

"We saw a reversal last week in terms of leadership," he said.

Also supporting the sunny outlook is improvement in international economies where "business wasn't as bad as expected," he said.

While the economy is strong, Jandrain said, inflation remains subdued. "We don't really have a problem," he said. He said he expects interest rates to remain in a narrow range.

Duane Eatherly, technology analyst, said he is bullish on certain Internet or Internet-related companies as traffic on the World Wide Web continues to grow and companies spend money to build infrastructure. Among companies whose prospects are good, he said, are Cisco Systems Inc CSCO , Broadcom Corp BRCM , America Online Inc AOL , Amazon.com Inc AMZN , Linear Technology Corp LLTC and Maxim Integrated Products Inc MXIM .

One Group has about $60 billion in mutual fund assets under management. One Group is part of Bank One Corp ONE .

((--New York Newsroom/212-859-1732)) REUTERS





To: Keith A Walker who wrote (1316)4/19/1999 10:54:00 PM
From: Stoctrash  Read Replies (1) | Respond to of 6531
 
I'm not sure when it blows over....crazy day, very!!
Maybe tomorrow...who knows. Who are TUTS competitors....??
I'm thinking of doing a network in my house and I believe I'm not the only one thinking this.

UNPH....just pick a spot and buy some more. It could fall another 20 or 30 though. I was buying this thing at $4.50 (split adjusted) a few years ago and sold it for a triple and thought I did good. Lesson learned....