6/13/02 Weak May retail sales likely to undermine stocks After oscillating between the plus and negative sides for most of yesterday, major stock market indexes surged to end Wednesday at close to the day s best levels. The late day rally was in response to market rumors that Microsoft (+5.7%) is likely to offer a positive quarterly pre-announcement. This lifted the Nasdaq by 1.5%, the Dow by 1.

Cardinal Capital Management is a specialty investment firm focused on small cap value equity investing. We currently manage in excess of $375 million and have an exceptional ten-year performance record. Our investment options are designed for institutions, foundations and high net worth individuals who value superior long-term, risk-adjusted investment returns. The goal of our small cap value ...