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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who started this subject7/14/2004 5:24:18 PM
From: stevenallen   of 110194
 
4:02PM CEC Entertainment beats by a penny; guides above Q3 and Y04 consensus (CEC) 30.85 +0.10: Reports Q2 (Jun) earnings of $0.40 per share, $0.01 better than the Reuters Estimates consensus of $0.39; revenues rose 8.2% year/year to $165.4 mln vs the $168.4 mln consensus. Co sees Q3 EPS of $0.51-0.53 and Y04 of $2.13-2.17, Reuters consensus is $0.50 and $2.10.

CEC pulls out decent numbers, but I'm still going to hold short - did you see the YUM afternoon fade today? - I expect that's what we'll get with CEC tomorrow.

Also this interesting bit from Briefing:
3:29PM New 52-Week Lows : Some pretty big tech names have made new 52-week lows today: Semis (AMCC, CY, KOPN, LDIS, LSCC, RMBS), Semi Equipment (AMAT, KLAC, NVLS), Software (BEAS, BLUE, CTXS, DGIN, ORCL, PCLE, PRSF, SEBL, WEBM), Networking (ELX, QLGC) Biotech/Pharma (ABGX, CIPH, CTIC, GTXI, KG, MICU, MYL), Restaurants (BUCA, KKD).
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