RealMoney.com's DAILY BULLETIN
June 23, 2000
Market Data as of Close, 6/22/00:
o Dow Jones Industrial Average: 10,344.30 down 153.44, -1.46%
o Nasdaq Composite Index: 3,957.19 down 106.82, -2.63%
o S&P 500: 1,448.86 down 30.27, -2.05%
o TSC Internet: 891.79 down 24.00, -2.62%
o Russell 2000: 519.09 down 8.52, -1.61%
o 30-Year Treasury: 103 29/32 unchanged , yield 5.981%
Companies in Today's Bulletin:
Nokia (NOK:NYSE ADR)
Mutual Funds: Janus Makes Big Bet on Telecom Sector
An April 30 snapshot shows the family of high-octane funds put money to work in Nokia, Texas Instruments and Enron.
Wrong! Tactics and Strategies: Keeping the Faith in Honeywell
The trader has made money here before and still likes this stock.
Telecom: WorldCom Says Wireless Is No Longer a Must, but Wall Street Wonders
The company's new stance suggests a drastic strategy change, but not everyone is buying it.
Internet: Now E-Tail Analysts Are Worrying About the Top Line, Too
Not long ago, investors' anxiety centered on profits, or the lack thereof. Now revenue growth is at issue, too.
SiliconStreet.com: Microsoft Shows Off Its Vision of the Future
It's a really cool place, especially if you ignore that other reality taking shape back in Washington, D.C.
The TaskMaster: A Long-Term Headache
As the action in TI and Qualcomm/Nokia proves, it's rough sledding for long-term investors.
Stocks to Watch: Stocks to Watch Friday: Micron Technology, Nabisco Group, AT&T, Rambus
Bond Focus: Treasuries Shed Commodity-Related Losses as Stocks Sag
The latest buyback and false rumors about Greenspan failed to sway the bond market.
TO VIEW TSC'S ECONOMIC DATABANK, SEE: http://www.thestreet.com/markets/databank/962091.html
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