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To: Lee who wrote (26763)6/2/1999 11:57:00 AM
From: Bruce Cullen  Respond to of 50167
 
Look for close above 18.5
(opinion)

=========================

Wednesday June 2, 11:10 am Eastern Time
RESEARCH ALERT-Primus raised to strong buy
NEW YORK, June 2 (Reuters) - BT Alex. Brown on Wednesday said it raised its rating on Primus Telecommunications Group Inc. to strong buy from buy.

-- no other details immediately available.

-- On Monday AT&T Canada Corp. entered into a deal to sell the residential side of its long-distance operation to Primus in a deal valued at C$57 million. The deal will give PRIMUS an additional 650,000 voice customers and 50,000 Internet/data customers in Ontario and eastern Canada.

-- Primus shares were up 9/16 to 18 on Wednesday morning.



To: Lee who wrote (26763)6/3/1999 10:26:00 AM
From: Lee  Read Replies (1) | Respond to of 50167
 
Economic data for Thursday, June 3rd, 1999

weekly jobless claims = +4k to 305k
dol.gov

Factory Orders for April = -1.2%
census.gov
New orders for manufactured goods in April decreased $4.3 billion or 1.2 percent to $345.4 billion, the Department of Commerce, Bureau of the Census reported today. This follows a 1.9 percent March increase and is the second decrease in the last three months.

Non-manufacturing NAPM for May = 60%
napm.org
Business Activity Index at 60.0%, New Orders, Backlog of Orders, Employment, and Prices Increase

Richmond Fed's Broaddus worried demand too strong
biz.yahoo.com

REALITY CHECK: US JOB RECRUITERS SAY MAY DEMAND VERY STRONG
economeister.com