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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	6/4/2001 9:00:20 PM
From: Frederick Langford	Read Replies (1) of 37746

Hang Ten? These Big Tech Companies Are Most Likely to Warn on Earnings By TSC Staff 6/4/01 10:11 AM ET Related Stories The Coming Week: Looking for Warning Signs Big Tech's Retreat Raises Few Eyebrows Even If Economy Rebounds, Capital-Spending Uptick Will Take Time Earnings 'Confession' Season May Force Markets to Atone for Rally Smarter Money: A Sobering Take on Tech Stocks Chip Industry Gears Up for Earnings Warnings Deluge Is the other shoe about to drop on tech stocks? The last two months have seen computer and telecom shares rally sharply, as the Fed kept cutting interest rates and the economy stabilized. But market observers agree that most companies are still seeing much slower business than they would like. In fact, despite investors' recent enthusiasm, there's no sign that the slowdown will lift anytime soon: Cisco (CSCO:Nasdaq - news), for instance, warned last week in a regulatory filing that it sees no sign of a pickup in telecom spending. With the second quarter more than two-thirds done and earnings season just a month away, analysts and investors say many of the big names in tech remain at risk. In every tech industry, from PCs to networking to wireless communications, big companies have cut their earnings and revenue expectations -- but perhaps not enough. With this in mind, TheStreet.com presents a sector-by-sector look at some of the big tech companies and their prospects for this quarter. Rest of article: thestreet.com Fred

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