Dedicated to highlighting today's important news provided by major sources,
ranging from Bloomberg for financial news to CNN for U.S & World News.
In addiiton, archives of past articles are provided, which may prove to be
interesting when looked back upon, as well as weekly recaps of major events.

 

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ReachyTech
Portfolio :
Current ReachyTech Portfolio Value from original principal of 4200 dollars: $3170.87.

Net Profit/Loss as of 3/19:
Nearly 25%, almost entirely due to realized losses in the B2B Arena (e.g. i2 Technologies)

Current ReachyTech Holdings:
1) Siebel Systems (SEBL)
2) Carreker Corporation (CANI)



Week One (3/19-3/23)
Stock Picks:


1) Siebel Systems (SEBL): The stock has been dramatically beaten down over the past few months over concerns over its CRM software revenues, and over competitor Oracle's profit shortfall. Nonetheless, the stock is showing strong signs of a possible rebound, being dramatically oversold according to stochastic indicators and also showing churning moves. Recommendation Price (Weekly Open): $26 3/8

2) American Eagle Outfitters (AEOS): Unduly beaten down from a single downgrade, technical indicators show rebound likely. Recommendation Price: $28 13/16.

3) Pacific Sunware (PSUN): Technical indicators show rebound likely. Recommendation Price: $26 1/2

UPDATE on last week's picks:
No picks last week.


Reachy's Opinion Column: Week One (3/19-3/23):

To be released on 3/23.

U.S News Links for Today--March 21, 2001
 
International News for Today--March 21, 2001

Inquiry uncovers numerous deficiencies aboard U.S.S. Greenville: Read more about the probe regarding the vessel that sank a Japanese fishing boat in the Pacific here.

Documents Reveal Extensive Sabotage Attempts in Cuba During Kennedy Years. President Kennedy sought to expand sabotage against Cuba in the days leading up to the Cuban missile crisis, more than 400 pages of newly declassified documents reveal. Read more here.

U.S.D.A Seizes Possibly Diseased Sheep in Vermont. These sheep were suspected of mad cow disease. For more information, click here.

U.S. Expels Six Russian Diplomats. Secretary of State Colin Powell Wednesday informed Russian Ambassador Yuri Ushakov that the United States on Thursday will order six Russian diplomats to leave the country immediately. For more information, click here.

 



 

Mir Preparing Final Steps Before Risky Plunge Back to Earth: Residents have expressed concern about the Soviets' capability to safely guide the probe back to earth without hitting homes. For the CNNFN article, click here.

Oil Rig Spill Contained So Far: A day after the world's largest oil rig sank, the spill has been contained so far, authorities say. For more details, click here.

Moose Defecation: A sex-starved moose in Norway mistook a small, yellow car for a would-be partner, but defecated on it after it got no response. For the enlightening details, click here.

Financial News Links for Today--March 21, 2001
 
Other News Links for Today--March 21, 2001

Financial Markets Quicktake:
DOW fell 233.76 to 9487.00, a loss of 2.40%
NASDAQ fell 27.21 to 1830.23, a loss of 1.46%
S&P 500 fell 20.48 to 1122.14, a loss of 1.79%
BOND fell 5/32 to 101 7/16, yielding 5.27%

SEBL: Rose 1.81 to 26.94, a gain of 7.21%

CANI: Rose .13 to 15.31, a gain of .82%

Boeing to Leave Seattle. Boeing announced today that it will cut around 1,000 jobs, and relocate its headquarters to one of three possible areas: Chicago, Denver, or Dallas. It expects to decide this summer. For the Boeing Press Release, click here.

Broker's Profits Fall. Major brokerage houses, such as Lehman, Morgan Stanley, and Bear Stearns, announced sharply lower quarterly profits on Wednesday. For the complete CNNFN release, click here.


CPI Rises Above Forecast in February. Clothing and food prices led the rise, though the Core CPI index, which excludes food and energy prices, matched economists' predictions. For the complete CNNFN release, click here.

 
CNN Sports Illustrated Predicts Yankees Will Win the World Series: For the predicted standings at the end fo the season for your favorite baseball team, click here.
Last Updated: March 21, 2001--10:45 a.m. by Reachy. Regarding all linked articles from 3rd parties (e.g. Cnn.com), please read the Copyright notice above.