<---day Thirty--->

MARKET SUMMARY FOR MONDAY SEPTEMBER 27TH. 1999

DOW INDUSTRIAL: 10303.39 = +24.06

NASDAQ: 2761.75 = +21.34

S & P 500: 1283.31 = +5.95
MOST ACTIVE STOCKS & SECTORS Gold Mining, Technology and some Internet issues rallied. Strong gainers included: AOL, Battle mtn. Gold, Asarco, AT&T, Lucent Technologies, Motorola, Cypress Amax, Placer Dome, Compaq, Westvaco, Primedia, Teradyne, Walden Residential, Newmont Min., Intel, Natwest Group, Dell, Microsoft, Altheon Websystems, Sun Microsystems, CMGI, and Photoelectron.
MAIN REASONS FOR ACTIVITY

• European Central Banks have tentatively agreed not to sell their gold reserves.
• The dollar appreciated strongly after the G-7 meeting, and Japan's (hinted) willingness to defend it.
• Bargain hunting by investors, especially in large Internet holding companies and portals.
• Federal Reserve Governors not hinting on a rate increase in the coming meeting.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Cisco Systems, Excite, Microsoft, Novell, Covad Communications, Apple, ebay, CMGI, Dell, Oracle, MCI Worldcomm, Intel, Sun Microsystems, Looksmart, E*Trade, Qualcomm, and Yahoo.

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: AOL, Bank One, Citigroup, DaimlerChrysler, 3Com, GE, GTE, Sprint, Hewlett Packard, JP Morgan, Merrill Lynch, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Gateway, Compaq, AT&T, IBM, Tektronix, E.I. Dupont, Nortel Networks, EMC Corp., Pfizer, Merck & co., P&G, Chevron, Philips Petroleum, Phillip Morris, RJ Reynolds, Elf Aquaintaine, BP, Exxon, Schlumberger, Texaco, Mobil, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• I expect today's rally to continue as investors go bargain hunting.
• Gold related stocks will rally today too, as the metal gains its glitter
• Technology and major Internet portals are still very cheap.
• Up coming Internet IPOs will keep the rest of the week upbeat.
• Oil and Energy related issues will continue to rise for the rest of the year.

<---day Twenty Nine--->

MARKET SUMMARY FOR FRIDAY SEPTEMBER 24TH. 1999
DOW INDUSTRIAL: 10279.33 = -39.26

NASDAQ: 2740.41 = -9.42

S & P 500: 1277.36 = -3.41
MOST ACTIVE STOCKS & SECTORS
Some Technology and Internet issues rebounded to close the week on a high note. Strong gainers included: AOL, Citigroup, AT&T, Micron Technology, Texas Instruments, Analog Devices, CVS corp., IBM, Newmont Min., IMS Health, Natwest Group, Dell, ebay, Amazon.com, Altheon Websystems, Sun Microsystems, Qualcomm, and Yahoo.

MAIN REASONS FOR ACTIVITY

• The recent increases to AOL have been due to announced subscription rate increases.
• The dollar continues the slide.
• Bond markets gain as existing house sells slow; All this leads to benign (and frustrating) economic data.
• Continued earnings warning. This time, Allstate (expect other insurers very soon), due to hurricane Floyd.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Cisco Systems, Excite, Microsoft, Novell, Covad Communications, Apple, ebay, Fatbrain.com, Dell, Oracle, MCI, Intel, Sun Microsystems, Looksmart, E*Trade, Qualcomm, and Yahoo.

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: AOL, Bank One, Citigroup, DaimlerChrysler, 3Com, GE, GTE, Sprint, Hewlett Packard, JP Morgan, Merrill Lynch, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Gateway, Compaq, AT&T, IBM, Tektronix, E.I. Dupont, Nortel Networks, EMC, Pfizer, Merck & co., P&G, Chevron, Philips Petroleum, Phillip Morris, RJ Reynolds, Elf Aquaintaine, BP, Exxon, Schlumberger, Texaco, Mobil, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• A possible MCI Worldcomm and Sprint merger is good for all parties involved.
• Bargains! Bargains! Bargains!
• I DO NOT view the market as overpriced. We keep trying to force the market to overcorrect, but to no avail. Like it or not, we are in a new frontier!
• Technology and major Internet portals will gain because they are cheap.
• Networking and semiconductor manufacturers will gain.
• Oil and Energy related issues will continue to rise for the rest of the year.

<---day Twenty Eight--->

MARKET SUMMARY FOR THURSDAY SEPTEMBER 23RD. 1999
DOW INDUSTRIAL: 10318.59 = -205.48

NASDAQ: 2749.83 = -108.33

S & P 500: 1280.77 = -29.74
MOST ACTIVE STOCKS & SECTORS
Market performed poorly today, especially Technology and Internet issues. Strong gainers included: Citigroup, Union Carbide, Too inc., Tricon Global Restaurants, Interactive Intelligence, and eGain Communications.

MAIN REASONS FOR ACTIVITY

• Microsoft President Steve Ballmar's comments about Technology stocks being overvalued stumbled the market.
• M2 Money supply for last month rose, while the dollar continued its slide today; These are all bad inflationary signs (at least to some analysts).
• The proposed merger of EarthLink and MindSpring ISPs couldn't pull the market.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Cisco Systems, Excite, Microsoft, Novell, Covad Communications, Apple, ebay, Fatbrain.com, Dell, Oracle, MCI, Intel, Sun Microsystems, Looksmart, E*Trade, Qualcomm, and Yahoo.

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: AOL, Bank One, Citigroup, DaimlerChrysler, 3Com, GE, GTE, Hewlett Packard, JP Morgan, Merrill Lynch, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Gateway, Compaq, AT&T, IBM, Tektronix, E.I. Dupont, Nortel Networks, EMC, Pfizer, Merck & co., P&G, Chevron, Philips Petroleum, Phillip Morris, RJ Reynolds, Elf Aquaintaine, BP, Exxon, Schlumberger, Texaco, Mobil, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• I am still behind my picks. Hopefully, corporate leaders won't spook the markets again.
• The dollar's fall may not be affecting the economy as much as assumed, at least for exporters.
• I DO NOT view the market as overpriced. Welcome to the new frontier!
• Analysts are overacting about many of the earning warnings.
• Technology and major Internet portals will gain (without corporate spooks of course).
• Networking and semiconductor manufacturers will gain.
• Oil and Energy related issues will continue to rise for the rest of the year.

<---day Twenty Seven--->

MARKET SUMMARY FOR WEDNESDAY SEPTEMBER 22ND. 1999
DOW INDUSTRIAL: 10524.07 = -74.40

NASDAQ: 2858.16 = +37.06

S & P 500: 1310.51 = +2.93
MOST ACTIVE STOCKS & SECTORS
Technology and Internet issues rallied today. Strong gainers included: AOL, Armco, Asarco, Apache, Countrywide Credit, Micron Technology, Citigroup, Pfizer, Compaq, GTE, Sprint, Microsoft, Intel, Cisco Systems, Sun Microsystems, 3Com, Double Click, Broadbase Software, E-piphany, ebay, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Federal Reserve noted a "brisk" growth, but not too inflationary.
• The dollar's demise continued today, making many analysts nervous.
• Continued earnings warning. This time, Coca Cola.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Cisco Systems, Excite, Microsoft, Novell, Covad Communications, Apple, ebay, Fatbrain.com, Dell, Oracle, MCI, Intel, Sun Microsystems, Looksmart, E*Trade, Qualcomm, and Yahoo.

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: AOL, Bank One, Citigroup, DaimlerChrysler, 3Com, GE, GTE, Hewlett Packard, JP Morgan, Merrill Lynch, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Gateway, Compaq, AT&T, IBM, Tektronix, E.I. Dupont, Nortel Networks, EMC, Pfizer, Merck & co., P&G, Chevron, Philips Petroleum, Phillip Morris, RJ Reynolds, Elf Aquaintaine, BP, Exxon, Schlumberger, Texaco, Mobil, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• The dollar's fall may not be affecting the economy as much as assumed, at least for exporters.
• The Federal Reserve's comment about a brisk, but non-inflationary economy is encouraging.
• Analysts are overacting about many of the earning warnings.
• Technology and major Internet portals will gain as economic outlook improves around the world.
• Xerox to buy color copier unit of Tektronix and compete against Hewlett Packard.
• Networking and semiconductor manufacturers will gain.
• O.P.E.C. Ministers' meeting ended with an agreement to hold their quarters; Look forward to more oil prices and related stocks to rise.

<---day Twenty Six--->

MARKET SUMMARY FOR TUESDAY SEPTEMBER 21ST. 1999
DOW INDUSTRIAL: 10598.47 = -225.43

NASDAQ: 2821.10 = -65.05

S & P 500: 1307.58 = -27.95
MOST ACTIVE STOCKS & SECTORS

Some Internet issues rallied in a very poor market today. Strong gainers included: AOL, Bell Atlantic, Newmont Mining, Pepsi Bottling, MCI Worldcomm, Leap Wireless, Wendy's International, ebay, and Yahoo.

MAIN REASONS FOR ACTIVITY

• July saw a record trade deficit increase.
• The dollar plummeted as the Bank of Japan's meeting ended with no plans to prop the dollar.
• Bond prices also lost after Bank of Japan's meeting.
• Continued earnings warning. This time, goodyear.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Cisco Systems, Excite, Microsoft, Novell, Apple, Dell, Oracle, MCI, Intel, Sun Microsystems, Looksmart, E*Trade, Qualcomm, and Yahoo.

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: Bank One, Citigroup, DaimlerChrysler, 3Com, GE, Hewlett Packard, JP Morgan, Merrill Lynch, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Compaq, AT&T, IBM, E.I. Dupont, Nortel Networks, EMC, Pfizer, Merck & co., P&G, Chevron, Philips Petroleum, Phillip Morris, RJ Reynolds, BP, Exxon, Schlumberger, Texaco, Mobil, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Technology and major Internet portals will gain as economic outlook improves around the world.
• The dollar's appreciation can keep inflation in check.
• Networking and semiconductor manufacturers will gain.
• Oil and related stocks will rise as oil prices and mergers surge in the sector.

<---day Twenty Five--->

MARKET SUMMARY FOR MONDAY SEPTEMBER 20TH. 1999

DOW INDUSTRIAL: 10823.00 = +20.27

NASDAQ: 2886.15 = +16.53

S & P 500: 1335.53 = +0.11
MOST ACTIVE STOCKS & SECTORS
Technology and some Internet issues rallied. Strong gainers included: Aerial Communications, Compaq, Citigroup, EMC Corp., Gateway, GE, ZDnet Group, IBM, Micron Technology, Philip Morris, Philips Petroleum, MCI Worldcomm, Sun Microsystems, Microsoft, PurchasePro.Com, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Chevron is to buy Philips Petroleum.
• The dollar continues to firm, and so is the bond market.
• Friday's rally continued today, despite a low market activity due to the Jewish holiday.
• Earning warnings were issued by Apple Computers, Dole, and Quaker Oats.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Cisco Systems, Excite, Microsoft, Novell, Apple, Dell, Oracle, MCI, Intel, Sun Microsystems, Looksmart, E*Trade, Qualcomm, and Yahoo.

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: Bank One, Citigroup, DaimlerChrysler, 3Com, GE, Hewlett Packard, JP Morgan, Merrill Lynch, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Compaq, AT&T, IBM, E.I. Dupont, Nortel Networks, EMC, Pfizer, Merck & co., P&G, Chevron, Philips Petroleum, Phillip Morris, RJ Reynolds, BP, Exxon, Schlumberger, Texaco, Mobil, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Bank of Japan will work on strenghtening the US dollar; This is good news for Telecommunications and Technology stocks.
• Technology and major Internet portals will gain as economic outlook improves around the world.
• The dollar's appreciation can keep inflation in check.
• Networking and semiconductor manufacturers will gain.
• Oil and related stocks will rise as oil prices and mergers surge in the sector.

<---day Twenty Four--->

MARKET SUMMARY FOR FRIDAY SEPTEMBER 17TH. 1999
DOW INDUSTRIAL: 10803.63 = +66.17

NASDAQ: 2869.62 = +62.90

S & P 500: 1335.42 = +16.94
MOST ACTIVE STOCKS & SECTORS
Stocks rose sharply after a Three slump as Technology and Telecommunications issues rallied. Strong gainers included: AT&T, Cypress Semiconductor, Citigroup, Gateway, Qualcomm, Exxon, ZDnet Group, Tektronix, Lucent Technologies, Time Warner, MCI Worldcomm, Sun Microsystems, Microsoft, Dell, Applied Materials, FashionMall.Com, and Vitrio.

MAIN REASONS FOR ACTIVITY

• Housing starts were up in August; Analysts expected a drop.
• The dollar rallied against major currencies.
• Feds chair Mr. Greenspan's comments that there is no definate sign for a rate hike yet.
• Cypress Semiconductor to buy a unit of Intel corp.
• Energy dependent industries' stocks like Airlines and Power continue to be less attractive to investors.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Excite, Microsoft, Novell, Apple, Dell, Oracle, MCI, Intel, Sun Microsystems, Looksmart, E*Trade, Qualcomm, and Cisco Systems

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: Citigroup, DaimlerChrysler, 3Com, GE, Hewlett Packard, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Compaq, AT&T, IBM, E.I. Dupont, Nortel Networks, EMC, Elf Aquaintaine, Monsanto, Pfizer, Merck & co., P&G, Cypress Semiconductor, Northrop Grumman, Phillip Morris, RJ Reynolds, BP, Exxon, Schlumberger, Texaco, Mobil, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Northrop Grumman just won a multi-billion dollar defence contract.
• Technology and major Internet portals will gain as economic outlook improves around the world.
• The dollar's appreciation can keep inflation in check.
• We still feel the market is not overvalued. Rather, many Technology, Telecommunications and some Internets are still bargains.
• Networking and semiconductor manufacturers will gain as the Asian economy improves.
• Oil and related stocks will rise as oil prices continue to surge up.
• Intel's sell to Cypress Semiconductor is mutually beneficial to both parties.

<---day Twenty Three--->

MARKET SUMMARY FOR THURSDAY SEPTEMBER 16TH. 1999

DOW INDUSTRIAL: 10737.46 = -63.96

NASDAQ: 2806.72 = -7.45

S & P 500: 1318.48 = +0.51
MOST ACTIVE STOCKS & SECTORS

Continued inflation and consequent interest rates hike resulted in a poor trading day. Strong gainers included: AT&T, Comsat, Citigroup, Compaq, Qualcomm, American Home Products, Gucci Group, Lucent Technologies, Time Warner, General Instruments, Micron Technology, Microsoft, Dell, Applied Materials, Garden.com, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Some Technology and Internet stocks, especially those with Asian presence picked up as the Asian recovery continues.
• The dollar firmed against the Japanese yen in today's trading.
• Earning warnings of some blue chip companies kept analysts agitated.
• M2 money supply dropped in the previous period, thus increasing the chances of the feds NOT raising interest rates.
• Energy dependent industries' stocks dropped as oil prices escalate.
• Cable and Telecommunications gained as AT&T announced a global Wireless alliance.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Excite, e-Net, NetSilicon, Microsoft, Novell, Apple, Dell, Oracle, MCI, Intel, Sun Microsystems, Visio, Looksmart, E*Trade, Qualcomm, and Cisco Systems

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: Best Foods, Citigroup, DaimlerChrysler, 3Com, GE, Hewlett Packard, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Compaq, AT&T, IBM, E.I. Dupont, Nortel Networks, EMC, Elf Aquaintaine, Monsanto, Pfizer, Merck & co., P&G, Phillip Morris, RJ Reynolds, BP, Exxon, Texaco, and Mobil will do well.

REASONS BEHIND THE PICKS

• Stocks like GE, DaimlerChrysler and AT&T will gain due to acquisitions, labor settlements and alliances respectively.
• Technology and major Internet portals will gain as economic outlook improves around the world.
• The dollar's appreciation can keep inflation in check, and reduce rates hike chances.
• Networking and semiconductor manufacturers will gain as the Asian economy improves.
• Microsoft's acquisition of Visio will be a win win situation for shareholders.
• Blue chip stocks will do well due to inflation uncertainty, especially those in "necessary" industries like food, toiletteries, drugs, etc.

<---day Twenty Two-->

MARKET SUMMARY FOR WEDNESDAY SEPTEMBER 15TH. 1999

DOW INDUSTRIAL: 10801.42 = -108.91

NASDAQ: 2814.17 = -54.12

S & P 500: 1317.97 = -18.32
MOST ACTIVE STOCKS & SECTORS

Market was poor on all fronts due to benign economic data and signals. Strong gainers included: Best Foods, Qualcomm, Cash America, e-Net, NetSilicon, Nu Skin, and Union Carbide.

MAIN REASONS FOR ACTIVITY

• The CPI rose 0.3%. Though core CPI rose less than expected 0.1%, the market's fears still came through loudly.
• Major gainers on NASDAQ were IPOs.
• The US Dollar continues to slide against the Yen, further adding to inflationary pressures.
• The market doesn't seem to be impressed with the recent mega mergers.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Excite, e-Net, NetSilicon, Microsoft, Novell, Apple, Dell, Oracle, MCI, Intel, Sun Microsystems, Visio, Looksmart, E*Trade, Qualcomm, and Cisco Systems

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: Best Foods, Citigroup, DaimlerChrysler, 3Com, GE, Hewlett Packard, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Compaq, AT&T, IBM, E.I. Dupont, Nortel Networks, EMC, Elf Aquaintaine, Kroger, Monsanto, Pfizer, Merck & co., P&G, Phillip Morris, RJ Reynolds, BP, Exxon, Texaco, and Mobil will do well.

REASONS BEHIND THE PICKS

• I do not see a market over-valuation, I see analysts' over-reaction.
• For longterm investors, networking stocks like Oracle are good buys now as the market "over corrects" due to low quarterly earnings.
• Microsoft's acquisition of Visio will be a win win situation for shareholders.
• Blue chip stocks will do well due to inflation uncertainty, especially those in "necessary" industries like food, toiletteries, drugs, etc.

<---day Twenty One--->

MARKET SUMMARY FOR TUESDAY SEPTEMBER 14TH. 1999

DOW INDUSTRIAL: 10910.33 = -120.00

NASDAQ: 2868.29 = +23.52

S & P 500: 1336.29 = -7.84
MOST ACTIVE STOCKS & SECTORS

Technology, especially Networking equipment and Semiconductor firms did very well. Strong gainers included: AOL, Healthsouth, Microsoft, Qualcomm, Micron Technology, Lucent Technologies, Applied Materials, Texas Instruments, Motorola, IBM, Cisco Systems, Intel, Cabletron Systems, Sprint, Kroger, PurchasePro.Com, and Global Telesys.

MAIN REASONS FOR ACTIVITY

• Retails sales for August rose stronger-than-expected at 1.2%, igniting inflation & rates hike fears.
• Trade data released shows a trade deficit increase of 17%, a new record for same time period.
• The US Dollar continues to slide against the Yen, further adding to inflationary pressures.
• Recent Mergers & Acquisitions in Networks related companies was rewarded today.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Microsoft, Novell, Apple, Dell, Oracle, MCI, Intel, Sun Microsystems, ubid, Looksmart, E*Trade, Qualcomm, Global Telesys, and Cisco Systems

NYSE:

Telecommunications, Manufacturing, and Technology stocks like: Citigroup, 3Com, GE, Hewlett Packard, Lucent Technologies (LU), Micron Technology, Cabletron Systems, Texas Instruments, Compaq, AT&T, IBM, E.I. Dupont, Nortel Networks, EMC, Elf Aquaintaine, Kroger, Motorola, Monsanto, Pfizer, Merck & co., P&G, Phillip Morris, RJ Reynolds, BP, Exxon, Texaco, and Mobil will do well.

REASONS BEHIND THE PICKS

• Networking related stocks will perform better as the "e-economy" recovers around the world.
• Oil and energy related stocks will rise for a while as mergers and OPEC discipline change the landscape.
• Blue chip stocks will do well due to inflation uncertainty, especially those in "necessary" industries like food, toiletteries, drugs, etc.