<---day Seventy--->

MARKET SUMMARY FOR MONDAY NOVEMBER 22ND. 1999

DOW INDUSTRIAL: 11089.52 = +85.63

NASDAQ: 3392.56 = +23.31

S & P 500: 1420.94 = -1.06
MOST ACTIVE STOCKS & SECTORS The Dow rebounded, while the NASDAQ soared to another new high. Gainers included: AOL, AT&T, Broadcom, Citigroup, CMGI, Coca Cola, Dell, E4L inc., Exite@Home, E Town Corp., Garden Ridge, Gillette, GM, IBM, Intel, Internet Gold-Golden Lines, Kyocera, Microsoft, Philip Morris, Pfizer, Seagate Technologies, SLI inc., Walgreens, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Technology stocks continued their rally - again.
• Microsoft issues were rewarded today for seeking an out of court settlement.
• Oil futures have passed the $27.00 per barrel prices; Inflation fears are begining to surface again.
• Some Technology stocks like Qualcomm were down due to profit taking.
• The Securities and Exchange Commission released a study that was critical of online brokerage houses.

PICKS FOR THE NEXT MARKET DAY
NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Apple, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Charter Communications, Cisco Systems, CMGI, Cobalt Networks, Covad Communications, Dell, E-piphany, Excite@Home, Finisar, Foundry Networks, iBasis, Intel, JDS Uniphase, Juniper Networks, Looksmart, MCI Worldcom, Microsoft, Netsolve, Novell Networks, Oracle, Pac-West Telecomm, Qualcomm, Sage, SDL inc., ShopNow.Com, SonicWall, Sun Microsystems, Sycamore Networks, Terra Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: 3Com, Aetna, Agilent Technology, Alcatel, AMD, AOL, American Express, AT&T, BP Amoco, British Telecom (BT), Bank of America, Bank One, Cable & Wireless, Celestica, Charles Schwab, Chase, Check Point, Chevron, Cigna, Citigroup, Compaq, Computer Associates, Dominion Resources, Donaldson Lufkin, Dow Chemical, E.I. Dupont, El Paso Energy, EMC Corp., Exxon, Federated Dept. Stores, Fifth Third Bank, FirstStar Bank, GE, GTE, Hewlett Packard, IBM, JC Penny, John Hancock, Johnson & Johnson, JP Morgan, Kmart, Legg Mason, Lucent Technologies (LU), Merck & co., Merrill Lynch, Micron Technology, Morgan Stanley Dean Witter, Motorola, National Semiconductor, Newbridge Network, Nortel Networks, Pfizer, P&G, Philip Morris, Provident Bank, Prudential, SBC Communications, Schlumberger, Sprint, Sprint PCS, STMicroelectron, Texas Instruments, Tyco International, Unisys, Walmart, Warner Lambert, Wells Fargo, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• We expect the rally to continue, at least in the Technology and Drugs sector.
• Drug stocks will firm as more acquisitions and mergers are announced in this sector.
• Technology, Cable, Telecommunications, Retailing, major Internet Portals, Drugs, and some Banking stocks are really cheap.

<---day Sixty Nine--->

MARKET SUMMARY FOR FRIDAY NOVEMBER 19TH. 1999

DOW INDUSTRIAL: 11003.89 = -31.81

NASDAQ: 3369.25 = +22.14

S & P 500: 1422.00 = -2.94
MOST ACTIVE STOCKS & SECTORS

The Dow dropped due to Caterpillar, and profit taking. NASDAQ soared to another new high. Gainers included: CacheFlow, Cendant, Cisco Systems, Compaq, Computer Associates, Dell, Genentech, IBM, Inacom, Intel, JDS Uniphase, Mediaplex, Microsoft, National Semiconductor, Newbridge Networks, Nike, Oracle, Qualcomm, SciQuest.Com, SLI inc., Sun Microsystems, William Coal Seam Gas Realty, Xerox, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Technology stocks continued their rally.
• Caterpillar gave an earnings warning.
• Microsoft and the Justice department are seeking a mediator in other to settle out of court; a very good move.
• Vodafone increased its bid for Germany's Mannesmann group.
• Oil futures prices rebounded today above the $26.00 per barrel price.
• After the market close, Hewlett Packard announced a stock buy back of $2 billion.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Apple, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Charter Communications, Cisco Systems, CMGI, Cobalt Networks, Covad Communications, Dell, E-piphany, Excite@Home, Finisar, Foundry Networks, iBasis, Intel, JDS Uniphase, Juniper Networks, Looksmart, MCI Worldcom, Microsoft, Netsolve, Novell Networks, Oracle, Pac-West Telecomm, Qualcomm, Sage, SDL inc., ShopNow.Com, SonicWall, Sun Microsystems, Sycamore Networks, Terra Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: 3Com, Aetna, Agilent Technology, Alcatel, AMD, AOL, American Express, AT&T, BP Amoco, British Telecom (BT), Bank of America, Bank One, Cable & Wireless, Celestica, Charles Schwab, Chase, Check Point, Chevron, Cigna, Citigroup, Compaq, Computer Associates, Dominion Resources, Donaldson Lufkin, Dow Chemical, E.I. Dupont, El Paso Energy, EMC Corp., Exxon, Federated Dept. Stores, Fifth Third Bank, FirstStar Bank, GE, GTE, Hewlett Packard, IBM, JC Penny, John Hancock, Johnson & Johnson, JP Morgan, Kmart, Legg Mason, Lucent Technologies (LU), Merck & co., Merrill Lynch, Micron Technology, Morgan Stanley Dean Witter, Motorola, National Semiconductor, Newbridge Network, Nortel Networks, Pfizer, P&G, Philip Morris, Provident Bank, Prudential, SBC Communications, Schlumberger, Sprint, Sprint PCS, STMicroelectron, Texas Instruments, Tyco International, Unisys, Walmart, Warner Lambert, Wells Fargo, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• We are still bullish on Microsoft.
• Bargains are everywhere; Technology, Cable, Telecommunications, Retailing, major Internet Portals, Drugs, and some Banking stocks are really cheap.

<---day Sixty Eight--->

MARKET SUMMARY FOR THURSDAY NOVEMBER 18TH. 1999

DOW INDUSTRIAL: 11035.70 = +152.61

NASDAQ: 3347.11 = +77.72

S & P 500: 1424.94 = +14.23
MOST ACTIVE STOCKS & SECTORS

The Markets roared today. The Dow closed above the 11,000 mark, while the NASDAQ and the S&P 500 posted new trading highs. Gainers included: 3Com, Agilent Technology, Applied Materials, Cisco Systems, Compaq, Dell, Disney, Hewlett-Packard, Home Depot, IBM, Intel, JLG Industries, Lucent Technologies, Martha Steward, MCI Worldcom, MetaSolv Software, Micron Technology, Nokia, Olin Corp., Oracle, Qualcomm, Retek, Russ Berrie & Co, STMicroelectron, Sun Microsystems, Unisys, Venator Group, and Xerox.

MAIN REASONS FOR ACTIVITY

• Technology stocks rallied; Thanks to Hewlett-Packard's earnings report.
• Agilent Technology, a unit of Hewlett-Packard went public today.
• US Trade deficit for September grew to $24.4 billion.
• MCI Worldcomm announced a stock split.
• FCC ruled that phone companies should "share" their high speed Internet access with their competitors.
• The M2 money supply dropped more than $19 billion for the week ending November 8th.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Apple, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Charter Communications, Cisco Systems, CMGI, Cobalt Networks, Covad Communications, Dell, E-piphany, Excite@Home, Finisar, Foundry Networks, iBasis, Intel, JDS Uniphase, Juniper Networks, Looksmart, MCI Worldcom, Microsoft, Netsolve, Novell Networks, Oracle, Pac-West Telecomm, Qualcomm, Sage, SDL inc., ShopNow.Com, SonicWall, Sun Microsystems, Sycamore Networks, Terra Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: 3Com, Aetna, Agilent Technology, Alcatel, AOL, American Express, AT&T, BP Amoco, British Telecom (BT), Bank of America, Bank One, Cable & Wireless, Celestica, Charles Schwab, Chase, Check Point, Chevron, Cigna, Citigroup, Compaq, Dominion Resources, Donaldson Lufkin, Dow Chemical, E.I. Dupont, El Paso Energy, EMC Corp., Exxon, Federated Dept. Stores, Fifth Third Bank, FirstStar Bank, GE, GTE, Hewlett Packard, IBM, JC Penny, John Hancock, Johnson & Johnson, JP Morgan, Kmart, Legg Mason, Lucent Technologies (LU), Merck & co., Merrill Lynch, Micron Technology, Morgan Stanley Dean Witter, Motorola, Newbridge Network, Nortel Networks, Pfizer, P&G, Philip Morris, Provident Bank, Prudential, SBC Communications, Schlumberger, Sprint, Sprint PCS, STMicroelectron, Texas Instruments, Tyco International, Unisys, Walmart, Warner Lambert, Wells Fargo, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Profit taking will likely push technology issues down.
• We are still bullish on Microsoft.
• Bargains are everywhere; Technology, Cable, Telecommunications, Retailing, major Internet Portals, Drugs, and some Banking stocks are really cheap.

<---day Sixty Seven--->

MARKET SUMMARY FOR WEDNESDAY NOVEMBER 17TH. 1999

DOW INDUSTRIAL: 10883.09 = -49.24

NASDAQ: 3269.39 = -26.13

S & P 500: 1410.71 = -9.36
MOST ACTIVE STOCKS & SECTORS

The Markets lost in a profit taking session. NASDAQ posted a new trading volume high. Gainers included: Applied Materials, China Prosperity International Holdings, China Tire Holdings, Cisco Systems, Citigroup, Compaq, CMGI, Elan PLC, Exxon, Oracle, Priceline.Com, Rainmaker Systems, Schlumberger, Terra Networks, Triton Energy Ltd., and Tyco International.

MAIN REASONS FOR ACTIVITY

• Profit taking after yesterday's stellar performance.
• The CPI and Housing starts grew modestly in the previous period.
• Energy related stocks rose as oil prices closed above $26.00 a barrel.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Apple, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Charter Communications, Cisco Systems, CMGI, Cobalt Networks, Covad Communications, Dell, E-piphany, Excite@Home, Finisar, Foundry Networks, iBasis, Intel, JDS Uniphase, Juniper Networks, Looksmart, MCI Worldcom, Microsoft, Netsolve, Novell Networks, Oracle, Pac-West Telecomm, Qualcomm, Sage, SDL inc., ShopNow.Com, SonicWall, Sun Microsystems, Sycamore Networks, Terra Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: 3Com, Aetna, AOL, Alcatel, American Express, AT&T, BP Amoco, British Telecom (BT), Bank of America, Bank One, Cable & Wireless, Celestica, Charles Schwab, Chase, Check Point, Chevron, Cigna, Citigroup, Compaq, Dominion Resources, Donaldson Lufkin, Dow Chemical, E.I. Dupont, El Paso Energy, EMC Corp., Exxon, Federated Dept. Stores, Fifth Third Bank, FirstStar Bank, GE, GTE, Hewlett Packard, IBM, JC Penny, John Hancock, Johnson & Johnson, JP Morgan, Kmart, Legg Mason, Lucent Technologies (LU), Merck & co., Merrill Lynch, Micron Technology, Morgan Stanley Dean Witter, Motorola, Newbridge Network, Nortel Networks, Pfizer, P&G, Philip Morris, Provident Bank, Prudential, SBC Communications, Schlumberger, Sprint, Sprint PCS, Texas Instruments, Tyco International, Unisys, Walmart, Warner Lambert, Wells Fargo, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Energy related stocks will rally as oil futures continue to rise in price.
• The low CPI and housing starts figures will be "acknowledged" by the market.
• Retailing and banking stocks will gain due to strong earnings reports, and low inflation fears.
• Hewlett Packard's (HP's) above expectations eanings will be a boost to its spinoff's IPO, and the Technology sector.
• Bargain hunters will go after Technology, Cable, Telecommunications, Retailing, major Internet Portals, Drugs, and Banking stocks.

<---day Sixty Six--->

MARKET SUMMARY FOR TUESDAY NOVEMBER 16TH. 1999

DOW INDUSTRIAL: 10932.33 = +171.58

NASDAQ: 3293.05 = +73.51

S & P 500: 1420.03 = +25.64
MOST ACTIVE STOCKS & SECTORS

The Markets roared on a very heavy trading day. Both the NASDAQ & S&P 500 hit new highs. Gainers included: AOL, Applied Materials, AT&T, China Prosperity International Holdings, China Tire Holdings, Chevron, Cisco Systems, Citigroup, Clorox, Compaq, Dell, Disney, E-Piphany, Global Crossings, Gucci Group, Home Depot, Intel, Lucent Technologies, MCI Worldcom, Microsoft, Philip Morris, Quintus, Raytheon, SCI Systems, Sun Microsystems, Tyco International, and Yahoo.

MAIN REASONS FOR ACTIVITY

• The uncertainty is over. The Federal Reserve raised both the Federal Funds & Discount rates by 25 bases points each.
• Analysts feel more confident that this might be the last hike for a while.
• Dayton Hudson had better than expected earnings; The Mervyn's unit is still struggling.
• Cable giant Comcast to buy Lenfest.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Apple, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Charter Communications, Cisco Systems, CMGI, Cobalt Networks, Covad Communications, Dell, E-piphany, Excite, Finisar, Foundry Networks, iBasis, Intel, JDS Uniphase, Juniper Networks, Looksmart, MCI Worldcom, Microsoft, Netsolve, Novell Networks, Oracle, Pac-West Telecomm, Qualcomm, Sage, SDL inc., ShopNow.Com, SonicWall, Sun Microsystems, Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: 3Com, Aetna, AOL, Alcatel, American Express, AT&T, British Telecom (BT), Bank of America, Bank One, Cable & Wireless, Celestica, Charles Schwab, Chase, Check Point, Cigna, Citigroup, Compaq, Dominion Resources, Donaldson Lufkin, Dow Chemical, E.I. Dupont, El Paso Energy, EMC Corp., Federated Dept. Stores, Fifth Third Bank, FirstStar Bank, GE, GTE, Hewlett Packard, IBM, JC Penny, John Hancock, Johnson & Johnson, JP Morgan, Kmart, Legg Mason, Lucent Technologies (LU), Merck & co., Merrill Lynch, Micron Technology, Morgan Stanley Dean Witter, Motorola, Newbridge Network, Nortel Networks, Pfizer, P&G, Philip Morris, Provident Bank, Prudential, Sprint Sprint PCS, SBC Communications, Texas Instruments, Tyco International, Unisys, Walmart, Warner Lambert, Wells Fargo, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• CPI report is due Wednesday. Expect the market to rally should it confirm the Federal Reserve's inflationary fears.
• Bargain hunters will go after Technology, Cable, Telecommunications, major Internet Portals, Drugs, and Banking stocks.

<--day Sixty Five--->

MARKET SUMMARY FOR MONDAY NOVEMBER 15TH. 1999

DOW INDUSTRIAL: 10760.75 = -8.57

NASDAQ: 3219.54 = -1.61

S & P 500: 1394.39 = -1.67
MOST ACTIVE STOCKS & SECTORS

The Markets lost on a light trading day. Gainers included: Abbott Labs, AmeriTrade, AOL, Bank One, Centura Software, Charles Schwab, China.com, Citigroup, Disney, E*Trade, Global Crossings, Lucent Technologies, Newbridge Network, Nortel Networks, Philip Morris, Qwest Communications, Rite Aid, Staples, TD Waterhouse, Toys'R'us, Tyco International, Vodafone Air Touch, and Wal-Mart.

MAIN REASONS FOR ACTIVITY

• U.S. & China reached a trede agreement.
• Some Profit taking in light trading.
• Federal Reserve Chair Alan Greenspan made no mention about the state of the economy in his speech.
• AmeriTrade, Charles Schwab, and TD Waterhouse to form an e-investment bank so as to tap into lucrative IPOs.
• Two hostile advances continue to brew and push up their respective sectors: Pfizer's overtures for Warner-Lambert are getting bolder, while Vodafone Air Touch prepares for Germany's Mannesmann group.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Apple, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Charter Communications, Cisco Systems, CMGI, Cobalt Networks, Covad Communications, Dell, E-piphany, Excite, Finisar, Foundry Networks, iBasis, Intel, JDS Uniphase, Juniper Networks, Looksmart, MCI Worldcom, Microsoft, Netsolve, Novell Networks, Oracle, Pac-West Telecomm, Qualcomm, Sage, SDL inc., ShopNow.Com, SonicWall, Sun Microsystems, Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: 3Com, Aetna, AOL, Alcatel, American Express, AT&T, British Telecom (BT), Bank of America, Bank One, Cable & Wireless, Celestica, Charles Schwab, Chase, Check Point, Cigna, Citigroup, Compaq, Dominion Resources, Donaldson Lufkin, Dow Chemical, E.I. Dupont, El Paso Energy, EMC Corp., Federated Dept. Stores, Fifth Third Bank, FirstStar Bank, GE, GTE, Hewlett Packard, IBM, JC Penny, John Hancock, Johnson & Johnson, JP Morgan, Kmart, Legg Mason, Lucent Technologies (LU), Merck & co., Merrill Lynch, Micron Technology, Morgan Stanley Dean Witter, Motorola, Newbridge Network, Nortel Networks, Pfizer, P&G, Philip Morris, Provident Bank, Prudential, Sprint Sprint PCS, SBC Communications, Texas Instruments, Tyco International, Unisys, Walmart, Warner Lambert, Wells Fargo, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Should the Federal Reserve (FOMC) fail to raise interest rates, the market (especially technology, Internet, and Banking stocks) will rally.
• The Major and financially stable Commercial, Investment Banks, and Insurance companies are good buys now that the banking bill has passed.

<---day Sixty Four--->

MARKET SUMMARY FOR FRIDAY NOVEMBER 12TH. 1999

DOW INDUSTRIAL: 10769.32 = +174.02

NASDAQ: 3221.15 = +23.86

S & P 500: 1396.06 = +14.60
MOST ACTIVE STOCKS & SECTORS

The Markets rallied. NASDAQ set the Tenth new record in an Eleven trading day span. Gainers included: Air Products, AOL, Bank One, Charles Schwab, Citigroup, Disney, Finisar, MCI Worldcom, Netcreations, Newbridge Network, Oracle, Qualcomm, Rite Aid, Sterling Software, Sun Microsystems, TRW, Vertex Communication, Wal-Mart, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Clinton signed the banking reform bill.
• Retail sales were flat in October; A good sign that the Federal Reserve won't raise rates.
• Unit Labor Cost showed the smallest increase in the whole year: A sign that the economy is slowing.
• Productivity grew more than 4% in the past period.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Apple, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Charter Communications, Cisco Systems, CMGI, Cobalt Networks, Covad Communications, Dell, E-piphany, Excite, Finisar, Foundry Networks, iBasis, Intel, JDS Uniphase, Juniper Networks, Looksmart, MCI Worldcom, Microsoft, Netsolve, Novell Networks, Oracle, Pac-West Telecomm, Qualcomm, Sage, SDL inc., ShopNow.Com, SonicWall, Sun Microsystems, Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: 3Com, Aetna, AOL, Alcatel, American Express, AT&T, British Telecom (BT), Bank of America, Bank One, Cable & Wireless, Celestica, Charles Schwab, Chase, Check Point, Cigna, Citigroup, Compaq, Dominion Resources, Donaldson Lufkin, Dow Chemical, E.I. Dupont, El Paso Energy, EMC Corp., Federated Dept. Stores, Fifth Third Bank, FirstStar Bank, GE, GTE, Hewlett Packard, IBM, JC Penny, John Hancock, Johnson & Johnson, JP Morgan, Kmart, Legg Mason, Lucent Technologies (LU), Merck & co., Merrill Lynch, Micron Technology, Morgan Stanley Dean Witter, Motorola, Newbridge Network, Nortel Networks, Pfizer, P&G, Philip Morris, Provident Bank, Prudential, Sprint Sprint PCS, SBC Communications, Texas Instruments, Tyco International, Unisys, Walmart, Warner Lambert, Wells Fargo, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Federal Reserve Chair Alan Greenspan's speech Monday will very likely indicate how the tuesday meeting will go; Expect the markets to react wildly to the speech.
• Friday's rally due to the good economic data will continue.
• The Major and financially stable Commercial, Investment Banks, and Insurance companies are good buys now that the banking bill has passed.

<---day Sixty Three--->

MARKET SUMMARY FOR THURSDAY NOVEMBER 11TH. 1999

DOW INDUSTRIAL: 10595.30 = -2.44

NASDAQ: 3197.29 = +41.33

S & P 500: 1381.46 = +8.00
MOST ACTIVE STOCKS & SECTORS

The NASDAQ sets another new record day. Gainers included: Alcoa, AMD, Applied Materials, British Telecom (BT), Cable & Wireless, Charter Communications, Circuit City, Cisco Systems, Compaq, Dell, EMC Corp, GenTek, Loral Space, Lucent Technologies, Microsoft, Nortel Networks, Qualcomm, Rite Aid, Sage, SonicWALL, Sun Microsystems, Tyco International, UPS, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Bond market was closed in observance of Veteran's day.
• The Telecom and Technology sectors were strong.
• Dell computer met analysts' earnings expectations; Taiwan earthquake wasn't a major factor as feared.
• Microsoft has announced plans to team with Tandy Corporation and market internet devices at Tandy's Radio Shack outlets.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Apple, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Charter Communications, Cisco Systems, CMGI, Cobalt Networks, Covad Communications, Dell, E-piphany, Excite, Foundry Networks, iBasis, Intel, JDS Uniphase, Juniper Networks, Looksmart, MCI Worldcom, Microsoft, Netsolve, Novell Networks, Oracle, Pac-West Telecomm, Qualcomm, Sage, SDL inc., ShopNow.Com, SonicWall, Sun Microsystems, Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: 3Com, Aetna, AOL, Alcatel, American Express, AT&T, British Telecom (BT), Bank of America, Bank One, Cable & Wireless, Celestica, Charles Schwab, Chase, Check Point, Cigna, Citigroup, Compaq, Dominion Resources, Donaldson Lufkin, Dow Chemical, E.I. Dupont, El Paso Energy, EMC Corp., Federated Dept. Stores, Fifth Third Bank, FirstStar Bank, GE, GTE, Hewlett Packard, IBM, JC Penny, John Hancock, Johnson & Johnson, JP Morgan, Kmart, Legg Mason, Lucent Technologies (LU), Merck & co., Merrill Lynch, Micron Technology, Morgan Stanley Dean Witter, Motorola, Nortel Networks, Pfizer, P&G, Philip Morris, Provident Bank, Prudential, Sprint Sprint PCS, SBC Communications, Texas Instruments, Tyco International, Unisys, Walmart, Warner Lambert, Wells Fargo, Xerox, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Technology and major Internet portals will rally for two major reasons: They are a bargain, and the coming holiday season will increase their revenues.
• Oil related issues will gain as we head into the weekend.
• Commercial, Investment Banks, and Insurance companies will gain due to the banking reform bill.

<---day Sixty Two--->

MARKET SUMMARY FOR WEDNESDAY NOVEMBER 10TH. 1999

DOW INDUSTRIAL: 10597.74 = -19.58

NASDAQ: 3155.96 = +30.92

S & P 500: 1373.46 = +8.18
MOST ACTIVE STOCKS & SECTORS

The Dow dropped as the NASDAQ set a new record after a benign economic report. Gainers included: Abercrombie & Fitch, AHP, Alcatel, Amazon.com, Amdocs Ltd., Applied Materials, Celestica, Charter Communications, Cisco Systems, Compaq, Dell, Disney, Expedia, GM "H", iBasis, IBM, Looksmart, Lucent Technologies, Nexcard, Qualcomm, Sun Microsystems, Tesoro Petroleum, UAL, UPS, Western Digital, and Yahoo.

MAIN REASONS FOR ACTIVITY

• The Producer Price Index (PPI) dropped, but the core PPI grew slightly above analysts' expectations.
• Lucent's earnings beat analysts' expectations.
• Oil price increases are benefiting some energy related companies.
• Looksmart announced an agreement with a European partner for web development.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Cisco Systems, Cobalt Networks, Excite, E-piphany, Microsoft, Novell, Foundry Networks, Juniper Networks, Charter Communications, Covad Communications, Apple, CMGI, Dell, Oracle, Netsolve, MCI Worldcom, Intel, ShopNow.Com, Sun Microsystems, JDS Uniphase, Looksmart, Pac-West Telecomm, Qualcomm, SDL inc., Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Aetna, Bank of America, Bank One, Cigna, Citigroup, Chase, 3Com, Celestica, GE, GTE, Sprint PCS, Sprint, SBC Communications, Hewlett Packard, Motorola, Check Point, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Warner Lambert, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, Tyco International, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Lucent's earnings will help Technology stocks continue the rally.
• We feel the core PPI data wasn't strong enough to convince the Central bankers to raise rates; The Y2K factor and other weak economic data will prevent the feds from a rate hike (that can possibly cause a general panic).
• Oil related issues will gain as we head into the weekend.
• Commercial, Investment Banks, and Insurance companies will gain due to the banking reform bill.

<---day Sixty One--->

MARKET SUMMARY FOR TUESDAY NOVEMBER 9TH. 1999

DOW INDUSTRIAL: 10617.32 = -101.53

NASDAQ: 3125.04 = -18.93

S & P 500: 1365.28 = -11.73
MOST ACTIVE STOCKS & SECTORS

After seven straight new high, NASDAQ and the Dow closed lower today. Gainers included: Ariba, Be Incorporated, Clorox, Charter Communications, Dell, Disney, Frontline Limited, Global Marine, Korea Telecom, Lucent Technologies, Monsanto, Navigant Consulting, Pfizer, Qualcomm, Sunbeam Corp., Sun Microsystems, Tyco International, and Warner Lambert.

MAIN REASONS FOR ACTIVITY

• Profit taking drove market low in a heavy trading.
• Wal-mart reported better-than-expected returns, but warned about the 4th. quarter.
• Paul Allen's Charter Communications was the largest ever IPO to debut on NASDAQ.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Applied Materials, Ariba, Ask Jeeves, Be Incorporated, Cisco Systems, Cobalt Networks, Excite, E-piphany, Microsoft, Novell, Foundry Networks, Juniper Networks, Charter Communications, Covad Communications, Apple, CMGI, Dell, Oracle, Netsolve, MCI Worldcom, Intel, ShopNow.Com, Sun Microsystems, JDS Uniphase, Looksmart, Pac-West Telecomm, Qualcomm, SDL inc., Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Aetna, Bank of America, Bank One, Cigna, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, SBC Communications, Hewlett Packard, Motorola, Check Point, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Warner Lambert, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, Tyco International, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.

REASONS BEHIND THE PICKS

• The debut of (UPS) United Parcel Service's IPO will likely rally delivery stocks.
• The Producer Price data to be released will determine the tempo of the market. We feel the data will show a non-inflationary economy. Worst case scenario, benign economic data.
• Technology, Telecommunications, and Internets are a bargain.
• Commercial, Investment Banks, and Insurance companies will gain due to the banking reform bill.