Investors desperately searching for an excuse to buy beaten down Internet
and tech stocks were treated to a dose of weakening economic growth data
with the National Association of Purchasing Management index showing an
impressive slowdown in the manufacturing sector.
Bulls were quick to declare victory by ignoring further rate hike jitters
and buying stocks fast and furious. Blue chips lagged the rally in early
morning trade, but strength in Big Board tech issues pushed the NYSE up
129.87 to 10,652.20. The Nasdaq stole the show through most of the trading
day, with upside movement across the board that sent the Composite climbing
181.59 to 3,582.50, while the ISDEX tacked on 7.55%.
Shares of Akamai Technologies roared 7-1/8 to
73-7/8, after the networker announced it had inked a deal with
Excite@Home to boost quality, performance, and
reliability of content delivery over the Internet cable access provider's
network backbone.
Red Card | ChicagoSports | Blog:: Feb 7, 2008 For the U.S. to really reach the elite in soccer, the team and manager need to learn how to declare victory after a loss, a la El Tri and http://blogs.chicagosports.chicagotribune.com/soccer_redcard/2008/02/hugo-sanchez-on.htmlHOME | Daily Kos: Declare Victory and Don't Go Home:: Declare Victory and Don't Go Home. by Jeff Huber had been an overwhelming success to hear the bull feather merchants tell it, and was the reason that http://www.dailykos.com/story/2008/7/29/91326/5391HOME |
PurchasePro.com added 1-13/16 to 23-1/16, after
news that the B2B exchange has been selected by Hilton Hotels to build a hospitality e-marketplace. Rival B2Bs climbed in
sympathy, with shares of Freemarkets edging
1-3/16 to 44-1/2, Ariba soaring 6-3/4 to 58-7/8,
and B2B incubator Internet Capital Group adding
3-23/32 to 30-21/32.
A bright spot in the IPO patch saw ONI Systems
rocket off its $25 opening price to 82-9/16 by the close. The fiber-optic
component maker's price range had been set at $21-$23 apiece, before lead
underwriter Goldman Sachs bumped it higher ahead of the debut due to strong
demand.
No Substitute for Victory - Blogrunner:: 1861 - American Civil War: First Battle of Bull Run (In the Confederacy, . We Could Not Declare Victory In Iraq If We Had Listened To Obama http://www.blogrunner.com/snapshot/D/5/5/no_substitute_for_victory/HOME | TheStar.com | News | Court upholds ban on pit bull breeds:: She also ruled it unconstitutional to declare a dog a pit bull on the basis of a In a news release, Ruby declared partial victory, but vowed to appeal. http://www.thestar.com/News/Ontario/article/195634HOME |
Shares of Yahoo! leapt 7 to 120-1/16, amidst
speculation that the Net media concern is in discussions to acquire
MyPlay.com. According to the WSJ, terms of the deal have the MP3 Web
site going for roughly $200 million in cash and stock.
Net2Phone jumped 3-5/16 to 32-13/16, after the
Internet telephony start-up reported a better-than-expected loss of $0.21
per share, a penny ahead of markedly revised analyst estimates.
Shares of Verio eased 2-3/16 to 54-11/16, but
were relatively unfazed by Donaldson, Lufkin & Jenrette's best attempt at
throwing a wrench into the company's planned multibillion-dollar merger
with Japan's Democrats won't accept surge victory - Topix:: Just how does one declare victory in someone else's civil war? what a bull united nation what the hell are you thinking it was the un mandate that got http://www.topix.com/forum/source/go-erie/TCPU6446OVTPR2A2VHOME | NTT. The brokerage firm abruptly
downgraded the business ISP from a "buy" to a "sell," citing the
unlikelihood of a higher bid forthcoming from a competing buyer and
opposition from Capitol Hill.
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