Stock Quotations | Page 4

While market expectation is that it will eventually lead to a full blown takeover, it could in the medium term prove to be a negotiating tactic - the board of the London Stock Exchange now have to think again with regards to their possible future while Nasdaq has effectively left itself with a big say in any future developments.

Whether the Dow is at 11,000, 12,000, 25,000 -- the simple truth is that those companies are chosen to be a part of the Dow for a reason. It's amazing for 30 stocks that it does such a good job.

We remain of the view that the Fed's near-term objective is simply to support the stock market until consumer and business sentiment improves,

We remain negative on PCs and semis and believe there is still downside risk to estimates and stock prices.

We're starting to catch the technology wave and stocks tied to Internet are the stand-outs.

We're getting to the year-end period and stocks are starting to drift. You're seeing that today, ... There's still a lot of uncertainty about the economy and about the change in Bush's economic team. We're also coming off a period where the Dow rose for 8 weeks and so you're seeing a little pullback. You saw it last week and I think it's continuing.

We're getting to the year-end period and stocks are starting to drift. But the pullback so far has been orderly,

We're going to see more software acquisitions at higher valuations. Stocks naturally will trade higher when you raise the bar.

We're going to need to see follow-through from Intel. Good news from Intel could set a tone and start to give those that were most fearful about the outlook for chip stocks less reason to be concerned.

We're facing the realization that rising (interest) rates and rising stock prices are incompatible. The higher rates are really starting to make themselves felt.