Monday, February 02, 2004

Monday Watch

Earnings Announcements
Company/Est.
PBI/.66
BSX/.16
IP/.18
JCOM/.31
TASR/.35
PFG/.32

Economic Data
8am - ISM Manufacturing 64 expected versus 63.4 last month

Market Movers
ZIXI-Deal with Aventis after close Fri. should be positive
GM-Sales probably fell short last month due to snowstorms
TASR-Negative article in Barrons, very overvalued, large short interest, reporting earnings
PIXR,RHAT-Both negatively mentioned in Barrons

Weekend News
China sees increase in number of bird flu cases, Vietnam reports 9th human death from bird flu, Thailand reports 3rd human death from bird flu
Patriots win Super Bowl for 2nd time in 3 years
56 dead in terrorist bombing at Kurdish political parties
244 killed in stampede near holy site in Mecca
White House will likely have independent commission look into Iraq intelligence failure
Treasury Secretary Snow talks up US Dollar
Asian Markets mostly flat to down
S&P 500 indicated up 1.9
NASDAQ indicated up 3.0


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