Friday, July 30, 1999

"A professor is one who talks in someone else's sleep."

-- Wystan Hugh Auden    

Latest Market Numbers

Day Trader Shooting Spree

Mark Barton, who reportedly lost $100,000 day trading in the stock market recently, opened fire yesterday afternoon in two Atlanta brokerage firms, killing nine people and injuring 12 others. Police later discovered the bodies of his wife and two children, whom they say Barton had killed earlier this week. Barton, 44, shot and killed himself after being stopped by police at a gas station.

The shootings began about 3 p.m. at All-Tech Investment Services, where Barton, a former chemist, had been a day trader. According to All-Tech, Barton had not traded since April. After opening fire at All-Tech, killing four people, Barton continued his shooting spree at another brokerage firm, Momentum Securities, killing five others.

At Barton's apartment in Stockbridge, police found the bodies of his wife and children, beaten to death Tuesday or Wednesday. Handwritten notes were left on the bodies.

News to Go

Charlotte-based bank First Union (NYSE: FTU) announced that the company's president, John Georgius, will retire from that post at the end of the year after 24 years at First Union and 36 years in the banking business. He will be replaced by G. Kennedy Thompson, vice chairman responsible for global capital markets.

Earnings to Go

(Quarterly earnings per share versus that of the same year-earlier quarter and compared with analysts' mean estimate. Earnings exclude one-time charges and gains.)

Allmerica Financial (NYSE: AFC) -- Q2 EPS: $1.32 (continuing operations) vs. $0.91 last year; estimate: $1.15

BMC Software (Nasdaq: BMCS) -- fiscal Q1 EPS: $0.42 (before charges) vs. $0.32 last year; estimate: $0.40

Electronic Data Systems (NYSE: EDS) -- Q2 EPS: $0.44 (before gain) vs. $0.39 last year; estimate: $0.43

Lam Research (Nasdaq: LRCX) -- fiscal Q4 EPS: profit of $0.28 vs. loss of $0.05 last year; estimate: profit of $0.12

Quigley Corp. (Nasdaq: QGLY) -- Q2 EPS: loss of $0.10 vs. breakeven last year; estimate: loss of $0.11

Tommy Hilfiger (NYSE: TOM) -- fiscal Q1 EPS: $0.40 vs. $0.30 last year; estimate: $0.37

More Foolishness

Dale Wettlaufer muses about Coke, Berkshire Hathaway, and Jabil Circuit in last night's Fool on the Hill column... Check out a StockTalk interview with the CFO of General Instrument... Looking for a financial planner? Read this first.

Also, check out the Lunchtime News at 12:30 p.m. for updates on the top stories of the day, and remember to start each business day with Breakfast With the Fool at 9 a.m.

Fool News Evolution

Next Monday (Aug. 2) you'll see some changes in the Motley Fool's News area with the debut of NewsWorld. We've received hundreds -- maybe thousands -- of suggestions and comments from you asking us to provide more commentary and in-depth looks at top stories throughout the day -- and that's what NewsWorld is all about.

Breakfast With the Fool will be back as usual, but the Lunchtime News and the Evening News will be gone -- but we'll be improving our daily news coverage by providing in-depth Foolish looks at key news stories and market happenings throughout the day. We'll also provide useful links to top stories on our site and other websites.

Stop in anytime throughout the day to get a Foolish perspective on what's happening in the market.

We'll also be trying some new stuff here, and we look forward to hearing your opinions and ideas as the Fool's NewsWorld continues to evolve.

Remember to start each business day with Breakfast With the Fool at 9 a.m. Let us know what you think of this feature. Send all comments and suggestions (including Foolish quotes) to the Breakfast Fools.


Let us know what you think of this feature. Send all comments and suggestions (including Foolish quotes) to the Breakfast Fools.

Yi-Hsin Chang (TMF Puck), Writer
Jennifer Silber (TMF Amused), Editor