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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: hoffy who wrote (8278)	5/8/1999 5:40:00 PM
From: flickerful	Respond to of 52051

one to watch monday....TGO. Teleglobe to unveil new technology By Reuters Special to CNET News.com May 7, 1999, 4:50 p.m. PT Teleglobe, the world's third-biggest carrier of international voice traffic, said it will unveil on Monday a new technology that will help it compete with rivals such as Global Crossing and Level 3 Communications. Teleglobe will host a press conference at Manhattan's Plaza Hotel on Monday to outline its $5 billion announcement. Additional details were not immediately available. Montreal-based Teleglobe has direct links via a vast web of ocean-floor cables and satellites to 160 countries. The company has licenses to resell facilities-based telecom services in 23 countries. Teleglobe's $7 billion merger with Dallas-based Excel made it one of the largest long distance call providers in the United States. The company is transforming itself from a pure wholesaler into a retailer of telecom services. Bermuda-based Global Crossing has undersea and land-based fiber optic communications networks. Omaha, Nebraska-based Level 3 is building an advanced communications network in the United States. Story Copyright © 1999 Reuters Limited. All rights reserved.

To: hoffy who wrote (8278)	5/9/1999 11:23:00 AM
From: Stock Watcher	Respond to of 52051

hoffy; thanx for link from Bloomberg; inflation's possible rise seems to be to be as likely as Gold hitting $800 again in the near future(IMO); with Y2K fears starting emerge, the last thing Greenspan can do is raise interest rates.....fear of inflation presents a terrific buying opportunity which will probably play itself out in the next few weeks (IMO)...... ......just because oil prices have taken a sudden hike (which 'coincidentally' will raise gas prices just in time for Memorial day & July 4th auto-travel), this indicator doesn't necessarily reflect the overall inflation index (which hasn't shown any signs of substantial wage, food or consumer goods increases etc.) to truly justify real inflation worries. Whenever there's nothing else to cause alarm.....theres's always good ol' inflation to spark investor fear, which in turn, will deflate the market for a little while. When commodity prices begin to jump from current levels....then, it's probably time to take pause and be somewhat concerned (IMO)....sw