[Stocknight.com] [Image] [Image] Issue 1 March 7, 2001 Today's Issue [Image] Despite the loud clamor of earnings warnings, stocks were up across the board today as investors and analysts wondered if a bottom had been reached. The Dow Jones industrial average closed up 138.38 to 10,729.60; the Nasdaq composite rose 19.47 to 2,223.90 and the Standard & Poor's 500 ended up 8.09 to 1,261.89. It was a strange day for the markets as investors shrugged off bad news and bought in a manner eerliy similar to recent months where good news was ignored and sold into. The Nasdaq is now up 5 percent since last Friday, withstanding a number of large technology companies warning about poor earnings. Breaking News [Image] We held the publishing of this newsletter until later than expected as we know that an enormous amount of our database are Yahoo users and investors and the stock, as most of you know, was halted around 10:00 a.m est. pending a company announcement. Just a few moments ago The Financial Times announced that Yahoo CEO Tim Koogle will step down and warn of lackluster quarterly earnings. Yahoo confirmed this report atfter the market's close, making for what will undoubtedly be an interesting Thursday morning for the stock. Today, the stock traded off $1.44 before it was halted. Conversely, Quintek (OTCBB: QTEK) announced 2nd Quarter financial results with a revenue increase of 57% and a profit increase of 100%. Quintek also announced their client roster in the release which includes Imation, TRW, Lockheed-Martin, U.S. Navy, Boeing, and a multitude of others also noted in the release. Click here to read the full release: http://biz.yahoo.com/bw/010307/0520.html Disclaimer: StockNight.com is associated with Market Pathways Financial Relations Incorporated (MP). The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. This report is for information purposes only and should not be used as the basis for any investment decision. As compensation for dissemination and posting of this information, Quintek will issue to MP 200,000 shares of its restricted common stock. MP will split the shares with Integrity Media (owner of StockNight.com) for its services related to the publishing and posting of this information. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the subject company. Write or call MP for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. MP, StockNight.com and Integrity Media and its owners, agents and employees are not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. MP, Integrity Media and StockNight.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. It is the responsibility of the brokerage firm to verify “Blue Sky” status in each trading state. Information contained herein may not be reproduced in whole or in part without the express written consent of Market Pathways Financial Relations Incorporated. --- You are currently subscribed to stocknight as: cypherpunks@cyberpass.net To unsubscribe send a blank email to leave-stocknight-373127P@lyris.stocknight.com