+>+>+> FREE 21 DAY TRIAL - ARE YOUR INVESTMENTS LOSING THEIR VALUE? Hear what Jim Shepherd, one of the world's highest compensated stock market strategists, is telling subscribers whose portfolios have gained over 33% in safe investments in the last two years. Click Here For A 21-Day FREE trial <A HREF=" http://opt-influence.com/c/pl.cgi?jasm2 "> http://opt-influence.com/c/pl.cgi?jasm2 </A> <><><><><><><><><><><><><><><><><><><><><><><><> THE WALLSTREET UNIVERSE REPORT - NOVEMBER 7, 2001 Please e-mail us if you are interested in advertising to our 150,000 Subscribers. mailto:info@spotm.com <><><><><><><><><><><><><><><><><><><><><><><><> Hello All Investors, Stocks soared Tuesday after the Fed targeted the weakening economy with an aggressive half-percentage point cut in interest rates. Techs led the charge, highlighted by a 17-percent surge in shares of Hewlett-Packard as its merger with Compaq was dealt a major blow. The rate cut was the central bank's tenth this year, and it took the overnight fed funds rate down to 2 percent from 6.5 percent at the start of the year. The Fed also lowered the discount rate by 1/2 percentage point, taking it to 1.50 percent. Moreover, the Fed suggested that more rate cuts are in the offing. The Dow Jones Industrial Average piled on 150 points, or 1.6 percent, to 9,591. Sustaining the Dow were shares of Hewlett-Packard, Intel, IBM, Microsoft, J.P. Morgan Chase, Alcoa, Caterpillar, Home Depot and United Technologies. Ending in the minus column were shares of Walt Disney, General Motors, 3M and SBC Communications. The Nasdaq Composite surged 41 points, or 2.3 percent, to 1,835 while the Nasdaq 100 Index soared 42 points, or 2.9 percent, to 1,523. In the broad market, the Standard & Poor's 500 Index sprinted 1.5 percent while the Russell 2000 Index of small-capitalization stocks swelled 1.2 percent. TALK ABOUT FAMILY SQUABBLES... Hewlett-Packard powered the Dow, with its shares surging 17 percent following news that the Hewlett family would vote against the proposed H-P and Compaq merger, which was announced in early September. The family has a stake of about 5 percent in the Dow stock. H-P has yet to say when it plans to put the proposal to a shareholder vote. Compaq fell 5.3 percent. +>+>+> PLEASE READ - EIGHT REASONS TO LOVE SMALL CAP STOCKS <A HREF=" http://www.fool.com/foolish8/2001/foolish8011023.htm "> http://www.fool.com/foolish8/2001/foolish8011023.htm </A> +>+>+> TO VIEW OUR TWO DAILY STOCK PICKS BY HARRY AND BRUCE - Please go to our website <A HREF=" http://www.wallstreetuniverse.com "> http://www.wallstreetuniverse.com </A> PEACE - Steven Schwartz and Staff mailto:support@wallstreetuniverse.com <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> * To remove yourself from this mailing list, point your browser to: http://inbound.postmastergeneral.com/remove?Wallstreet * Enter your email address (cypherpunks@toad.com) in the field provided and click "Unsubscribe". The mailing list ID is "Wallstreet". OR... * Reply to this message with the word "remove" in the subject line. This message was sent to address cypherpunks@toad.com X-PMG-Recipient: cypherpunks@toad.com <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> pmguid:rd.rwx.37kh