Weekly Wrap

This past week Chick Megan drove 18 hours from Raymond, Maine to Cincinnati, Ohio. Megan's husband has changed careers, from playing hockey to coaching hockey. His new job has him as the assistant coach of the Cincinnati Mighty Ducks (Anaheim's farm team.) Glad you arrived safely Megan!!

While Chick Karin was driving home from the 8th grade field trip on Friday, Intel Corp (Nasdaq: INTC) fell 22%. Remember what I said last week about corporations conducting business in Europe? Intel happens to be one of them and warned investors that it wouldn't quite meet expectations. (These are not my expectations, but those Wall Street Analyst people.) The news pulled a couple of computer companies down with it; Apple Computer Inc. (Nasdaq: AAPL) and Dell Computer (Nasdaq: DELL) both took a dip.

A Chick home furnishings favorite -- Bed, Bath & Beyond (Nasdaq: BBBY) --  announced second-quarter earnings this past week. They reported a 31% increase in earnings to $43.6 million. Maybe it's worth looking into its financial statements, since it definitely meets the Buy What You Know category.

One other important Chick market happening this week: AOL signed online flower-seller 1-800-Flowers Inc. to be their exclusive Flower Seller. What more does a Chick need? Bed, Bath, Flowers... and beyond.

Closing Market Numbers:

Karin