To: thebeach who wrote (39342 ) 5/12/1999 10:15:00 PM From: Jack Colton Respond to of 90042
Dear Market Enthusiast, Welcome to GoInvest Weekly for the week of May 12, 1999, brought to you by:goinvest.com GoInvest.com has added new research tools and information to help you make your own investment decisions. You can now access corporate financial statements, risk ratings, broker recommendations, earnings reports, and more - FREE. The GoInvest Weekly is a FREE publication. To UNSUBSCRIBE, reply to this message with "Unsubscribe" in the subject line. __________________ IN THIS ISSUE ------------------ 1) Market News And Research Tools 2) Technology And Tech Stocks 3) Personal Finance And Mutual Funds 4) Y2K News and Analysis 5) A Look Ahead At Market Moving Events ________________________________________________________________ MARKET NEWS ---------------------------------------------------------------- Market Indices: From High-Tech to Foreigngoinvest.com Volume Leadersgoinvest.com Calendar- Find out who is reporting this month198.199.206.197 Estimates See what the top analysts are forecasting for over 6000 public companiesgoinvest.com Earnings Estimate Trends Find out if earnings have been revised upward or downwardgoinvest.com Broker Recommendations Find out what the experts think about your stocks. Ratings from "Strong Buy" to "Strong Sell."goinvest.com IPO Research Center: IPO Calendaripo.com IPO Researchipo.com ________________________________________________________________ TECHNOLOGY AND TECH STOCKS ---------------------------------------------------------------- The 10 Driving Principles Of The New Economybusiness2.com The 100 Hottest Companies On The Netbusiness2.com 9 Ways To Win On The Web by Eryn Brown "Sure, Cisco, Dell, and Yahoo get it. But so do FedEx, Ford Motor, and Pitney Bowes. Here's how they win at e-business."cgi.pathfinder.com NBC Snaps Up Xoom by Suzanne Galantethestandard.com Starbucks To Launch Portal Site by Melanie Austria Farmer "A Merrill Lynch report released today said that Starbucks is working on a destination Web portal, shining new light on the coffee retailer's hush-hush online strategy."news.com USA Networks Scraps Lycos Bid by Gary Gatelyecommercetimes.com AOL Unveils Interactive TV Plansmsnbc.com infoworld.com TheStreet.com IPO Soarscnnfn.com news.com PointCast to be acquired by idealab by Jeff Walsh and Dorte Toftinfoworld.com Cisco beats The Street On Strong Sales by Corey Gricenews.com What's Next for Cisco? by Phil Harveyupside.com IBM Researchers Claim New Data Storage Recordupside.com news.com Content Seen As The Key To E-commerce Success 'Eyeballs' are not enough by Jill Vardycanoe.com ________________________________________________________________ PERSONAL FINANCE AND MUTUAL FUNDS ---------------------------------------------------------------- As Stocks Face History, Many Pros Tout Bonds by Daniel Gaineslatimes.com Commitment to Stocks Tenuous, Survey Finds by Tim Quinsonlatimes.com Perspectives From A Large Cap Bullforbes.com Money Changes Everything by Eric Savitz "Online stock trading has forced even the stodgiest Wall Street firms to rethink how they do business. Expect similar upheavals in banking, insurance, lending and other financial services."thestandard.com .ff Life After Russell 2000 Rebalancing by Len Hollie "When the small cap benchmark Russell 2000 Index is re-balanced on June 1, it is expected to be shorn of most of the Internet stock weightings that have bedeviled value and other small cap fund managers that shunned this high-flying sector for the past year."iionline.com Oakmark's Internet Picks by Joe Hagansmartmoney.com ________________________________________________________________ Y2K SITES OF THE WEEK ---------------------------------------------------------------- International Readiness For Y2K: Germany Mixed In Readiness For Year 2000hotcoco.com 2000 sneaking up on China before it's readymercurycenter.com Scam Artists Could Profit From Y2K Bug "Has the public's growing awareness about the Millenium Bug left them vulnerable to scam artists seeking to capitalize on their fears?"year2000.dci.com Credit Card Users Warned Of Y2K Scam by Meg Jonesjsonline.com Buying Coins For Y2K? Watch For Scams by Associated Pressdeseretnews.com ________________________________________________________________ A LOOK AHEAD AT MARKET MOVING EVENTS ---------------------------------------------------------------- **Some browsers or email programs prevent extended links from wrapping around to the next line. If you encounter problems with any links, we invite you to read the newsletter at our web site.goinvest.com Bond yields break one year highs, Rubin resigns, political turmoil in Russia (again), continuing war, China adding fuel to diplomatic tensions... Do these events compounded cause a 300-500 point sell off. Nope, just a 25.78 loss in the Dow and the Nasdaq rose 39.80. The only way to describe the market this weak is "Resilient." Normally all of the events listed above would cause a significant down turn in the market. The fact that the market only had a half hour hiccup in reaction to Rubin's resignation is very telling. The supply/demand argument could not have better support for its case than the recent performance of the market. The market is not following normal valuation inspired buying and selling. Retail investors just want to own stocks. The demand has far outpaced supply and IPO's like TheStreet.com show that the supply of internet stocks is very small relative to the demand. Ultimately, things like earnings and maybe even assets will be factored into the equation, but apparently they do not matter now. Treasury's Rubin Resigns: Special Reportcnnfn.com Stocks Rebound, But Trade Lower As Rubin Resigns by Aaron Elsteinmsnbc.com US Treasuries Jolted, 30-yr Yld Highest In A Year by Steven Scheergoinvest.com AnN11561389@NEWS-P2&HEADNEWS=TRUE China Seeking Major Concessions From US by Reutersgoinvest.com AnL11262987@NEWS-P2&HEADNEWS=TRUE European Markets Post Losses On News Of Primakov's Oustermsnbc.com Productivity Up, U.S. Economy In Top Shapegoinvest.com AnN1142702@NEWS-P2&HEADNEWS=TRUE Alex von Streeruwitz, CMFC Editor -------------------------------- DISCLAIMER -------------------------------- Copyright 1998 goinvest.com GoInvest Weekly is not associated with or in control of the sites this publication links to. We cannot be held responsible for the accuracy of the content of those sites, nor the suitability of the information contained therein for any individual's business or investment decisions. Investment or business decisions made based in whole or in part on any information in this publication, or based on information from sites GoInvest Weekly links to, is done solely at the individual's risk and neither Web Digital nor Goinvest.com can be held responsible for any loss incurred. Web Digital and GoInvest.com do not offer legal or investment advice. Each individual's investment needs, goals, and risk tolerance are unique and information contained in this publication or links herein may not be appropriate for your investment decisions. It is the individual's responsibility to verify all information. Nothing in this publication should be construed as an offer or solicitation to buy or sell any products or securities.