< Nasdaq opened up and closed down... the Dow Industrials and the S&P fell
< all day long... Thur. was another sleepy, down - "lets wait and look at
< Friday's PPI #, kind of day". Couple of stocks of note - MSFT*
< (Microsoft) down over 1 1/2 - to close at 68 13/16 - abit off the 72 level
< it hit post Judge Jackson's ruling - guess there are more prolems than
< people thought.
< Interestingly the Linux plays didn't run - RHAT (Red Hat Inc), LNUX (VA
< Linux Systems) and CORL (Corel Corp)all down.The Tide is out of P&G -
< again - PG (Procter & Gamble) pre-announced miss and was down over 5 - the
< CEO steps down - Crest-fallen. T down 2 after they back-pedaled on the
< rate hike - keeping the ill will intact while losing the $. The financials
< came in on profit taking - JPM (JP Morgan) down over 3 1/2, SCH (Charles
< Schwab) (down 5%), ALL (Allstate CP) down almost 4%, EGRP (E*Trade Group)
< down over 6 1/2%, DLJ (Donaldson Lufkin & Jenrette) down over 2 1/2%.....
< The chips were up with analyst upgrades on AMD (Advanced Micro Devices)
< (up over 1 1/2) and ATML (Atmel Corp) (up over 2) - INTC (Intel Corp) up
< over 1. HWP (Hewlett-Packard) continues it's climb up over 3, QCOM
< (Qualcomm Inc)up over 4 after the announcement of deal with a # of Chinese
< companies. In the CEUT Universe: EBAY* (EBAY Inc) down almost 4... BWAY*
< (Breakaway Solutions) up over 8 1/2, INIT* (Interliant Inc) up over 1...
< ITWO* (I2 Technologies) down over 3.... AMCC* (Applied Micro Circuits) up
< almost 5 as was KOPN* (Kopin Corp), PMCS* (PMC Sierra Corp) up over 6 1/2,
< SSTI* (Silicon Storage) down over 3....NTAP* (Network Appliance) up over
< 7, PRCM* (Procom Technologies Inc) up over 3....
< RIMM* (Research In Motion) up over 2, IIIM* (I3 Mobile Inc) (still on a
< tear) up over 2 1/2... BMCS* (BMC Software) down over 2 1/2, MERQ*
< (Mercury Interactive) up over 12...TMPW* (TMP Worldwide) down over 4
< 1/2.... GMH* (General Motors H) up over 3,GILTF* (Gilat Satellite) up over
< 2 1/2, SPOT* (PanAm Sat) down over 2... JBL* (Jabil Circuit) up 2.... In
< IPOland: Community Health Systemes (CYH)- acute healthcare services -
< priced at low end. Friday is the PPI at 8:30AM expected - core up 0.1% and
< reg up 0.2%
< T - flip flop - yes we are going to raise long distance rates after all
< (not winning any hearts or minds with this news).
< Arrow Elect, Avnet and Brit. firm Shroders to buy electronic unit of
< German co. Veba.
< Earthlink buying Onemain.com.
< 3 Private phone co.s (in MA,VA and FLA) are joining to form east coast
< phone company Elantic Comm.
< Delphi Automotive - joining auto exchange Covisint.
< National Semi - beat #.
< Inktomi - buying Go.com's Ultraseek Web search division.
< New Computer virus - hides in film clip attachment - turns your computer
< into hacker platform.
< Siemens - US expansion - new cell phone coming?
< KPN - yes we're still interested in Telefonica.
< Corel - 21% workforce cut.
< Quokka Sports - acquires golf.com
< Durlacher - high profile English tech banking boutique - we wanna be
< bought by someone.
< France Telecom leads group buying stake in Polish phone co.
< FCC - wireless medical devices getting part of radio spectrum
< Grupo Prisa - large Spainish media co. - stake being floated on Madrid
< exchange Monday.
< Onepipeline.com - $17 million second round - loan tech for real estate and
< mortgage businesses.
< Car makers extend benifits to gay couples.
< TV - Survivors beat Who Want to be Millionaire in ratings.
< SNE - eMarker - keychain device "bookmarks" songs from radio then you go
< to your PC and order it - coming next month.
< HWP - upgrade on UNIX servers.
< SCH - expanding into fixed income offerings in deal with Valubond.com.
< Tivo team with iFilm for interactive short film program Tivo Takes (hosted
< by CNET reporter).
< Wavexpress.com - ecommerce data casting services - adds transaction
< component to iBlast and Geocast like service.
< ITWO's purchase of Aspect Dev. gets shareholder approval.
< Adaptec - spinning off software business.
< CollegeClub.com - site for college kids - delays IPO due to market
< TRRA - shareholders approve Lycos deal.
< Archipelago - ECN backed by big boys - GS, Reuters, MER, JP Morgan,
< EGRP.... wants to be stock exchange - not waiting for approval to trade
< NYSE stocks - already advertising itself as the next exchange.
< WSJ Heard - LEH and Fidelity - close and getting closer - merger coming?
< Smart Money - Red Oak Tech fund managers - sold DELL* added BRCD*, PMCS*
< C.E. Unterberg Towbin: TTIL marketing Phil/Balt.... William Kidd in CT.
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< All rights reserved by C.E. Unterberg Towbin. May not be reproduced in
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< +C.E. Unterberg Towbin makes a market in this security and has been
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