YOUR INDIVIDUAL INVESTOR DIVIDEND
Wednesday, October 13, 1999
www.individualinvestor.com
******************* Sponsored by Onvia.com ************************
Onvia.com, the #1 online resource center for entrepreneurs, is offering a
chance to win a Compaq Aero 8000 Handheld PC -- a Windows CE portable.
Enter and get a fully-paid 2 year subscription to Fast Company magazine.
Work. Wisely. (tm)
onvia.com
***************************************************************
S T O C K O F T H E D A Y: Accrue Software
Senior analyst Garrett Bekker likes Accrue Software's
business of tracking Web usage for advertisers.
individualinvestor.com
E Y E O N T H E T A P E
OPENING BELL-FLASH: Yikes! Tech Selloff
Intel, Yahoo, Motorola, AOL, SAP, Dell, Sun,
Amazon.com are all trading down early this morning.
individualinvestor.com
SHARES OF ABERCROMBIE PLUNGE
As Senior Analyst Chris Bulkey notes, investors will
keep a close eye on the upcoming November 9 earnings release.
individualinvestor.com
TAUB TALK: Overlooked Net Stocks that Could Double
Editor Steve Taub identifies a number of smaller Net
stocks that Lehman expects will surprise investors.
individualinvestor.com
PAUL ALLEN?S BROADBAND BET
Eliot Walsh explains why High Speed Access is the
hinterland?s answer to Excite@Home.
individualinvestor.com
THE CHART GEEK: AT&T?s Brave New Course
Steve Smith explains why AT&T's chart is looking up.
individualinvestor.com
MOTOROLA BEATS ESTIMATES, BUT NOT BY AS MUCH AS EXPECTED
Look for more guidance after the Wednesday morning conference call.
individualinvestor.com
TAUB TALK: Will E*Trade Miss Estimates?
Heavy insider selling preceded Knight-Trimark's
earnings warning. Editor Steve Taub says there is
also heavy selling at E*Trade, which reports on Wednesday.
individualinvestor.com
VISX EYES STRONG EARNINGS REPORT ON WEDNESDAY
Craig Schneider explains why he sees Visx topping
third quarter estimates when it announces results Wednesday.
individualinvestor.com
I N V E S T O R U N I V E R S I T Y: What are Level Two prices?
individualinvestor.com
M E S S A G E B O A R D B U Z Z
On Rite Aid's Board: Rite Aid fell yesterday after reporting an expected loss
of $0.26 per diluted share. rv527 says sellers who
""follow supposed experts and ignore their own
judgement"" are on drugs. He's buying more.
individualinvestor.com
DELL: individualinvestor.com
NITE: individualinvestor.com
Microcap Journal: individualinvestor.com
INDI: individualinvestor.com
INTC: individualinvestor.com
CDNW: individualinvestor.com
Net Stocks: individualinvestor.com
ELOT: individualinvestor.com
Magic 25: individualinvestor.com
MOT: individualinvestor.com
******************* Sponsored by Onvia.com ************************
Onvia.com, the #1 online resource center for entrepreneurs, is offering a
chance to win a Compaq Aero 8000 Handheld PC -- a Windows CE portable.
Enter and get a fully-paid 2 year subscription to Fast Company magazine.
Work. Wisely. (tm)
onvia.com
***************************************************************
"There is always an easy solution to every human problem --
neat, plausible, and wrong." -- H.L. Mencken
Apple Beats Lowered Expectations
Backlog of 250,000 new iMacs and 300,000 iBooks ripens outlook.
By Richard McCaffery
Strong sales of Apple's (Nasdaq: AAPL) colorful iMac computers
and newly introduced iBook portables powered Apple to a better
fiscal fourth quarter than expected after an earnings warning
three weeks ago.
The company that introduced the world to the personal computer
two decades ago reported earnings (minus nonrecurring items) of
$0.51 per diluted share on net income of $90 million, and sales
of $1.3 billion. Analysts polled by First Call/Thomson expected
earnings of $0.45.
Including nonrecurring items the company posted earnings of
$0.63 per diluted share on profits of $111 million. But even
with the extra juice from an after-tax gain, Apple's fiscal
fourth quarter earnings fell short of last year's mark of $0.68
per diluted share. The company said the outlook for a strong
fiscal first quarter, however, is very good.
Apple, a stock that has more than doubled this year, first
warned of the earnings shortfall September 20 when it reported
that Motorola (NYSE: MOT), the manufacturer of the G4 processor
chip that fuels the Power Mac G4 computer, couldn't deliver
enough chips to supply demand. Motorola countered that it had
kept Apple informed of supply chip status all along.
Why rehash all this? Apple has reconfigured processor speeds in
the Power Mac to match demand with chip supply, and announced
that IBM (NYSE: IBM) will be manufacturing G4 processor chips in
the first half of next year. Problem solved. With a backlog of
over $700 million, things look swell for Apple.
And check out the company's full-year performance: Apple
reported sales of $6.1 billion and income of $601 million, or
$3.61 per diluted share, dusting last year's results and analyst
estimates of $2.52 for this year. This represents annual growth
of about 72% -- for a stock with a price-to-earnings ratio of
17.7.
News to Go
Priceline.com (Nasdaq: PCLN) is suing Microsoft (Nasdaq: MSFT)
and subsidiary Expedia.com for patent infringement in U.S.
District Court. Officials from the name-your-own-price company
claim Expedia's name-your-own-price for hotel rooms service
violates its intellectual property.
Laser vision correction technology company VISX (Nasdaq: VISX)
reported Q3 net income of $24.7 million, or $0.36 per share,
compared to $14.7 million and $0.22 per share a year ago.
Earnings topped analyst estimates by $0.02 per share.
Medical supply, electronic security, and diversified industrial
company Tyco International (NYSE: TYC) denied a report that its
earnings are inflated and said it expects to exceed fiscal
fourth quarter earnings estimates, which will be reported next
week.
More Foolishness
SLM Holding leaves investors cold...
fool.com
Fools duel over GM...
fool.com
Jeff Fischer likes what he sees from Intel...
fool.com
Bill Mann ponders the big bank mergers.
fool.com
-- News & Commentary
fool.com
-- Fool Community
boards.fool.com
-- Post of the Day
fool.com
-- Latest Fribble
fool.com
Let us know what you think of this feature. Send all comments
and Suggestions (including Foolish quotes) to the Breakfast
Fools.
Fool On,
Brian Graney (tmfpanic@aol.com, TMF Panic), Writer
Jennifer Silber (tmfamused@aol.com, TMF Amused), Editor
S T O C K O F T H E D A Y: Main Street & Main
Glenn Curtis explains why this franchisee of TGI
Fridays could be taken over soon.
individualinvestor.com
E Y E O N T H E T A P E
MGM: HOW TO MAKE AN EASY 10%
To participate in its rights offering, you must become a
shareholder by the close of trading on Friday, says
Adam Lowensteiner.
individualinvestor.com
CANDIES RESUMES TRADING ON THURSDAY
Now is your chance to sell.
individualinvestor.com
ABERCROMBIE & FITCH ADDRESSES RUMORS
Same-store sales of 12% in the quarter indicate that
the stock has slipped off of the fast-growth track. But
Sr. Analyst Chris Bulkey sees catalysts for a rebound in the coming months.
individualinvestor.com
TAUB TALK: OVERLOOKED NET STOCKS THAT COULD DOUBLE
Editor Steve Taub identifies a number of smaller Net
stocks that Lehman expects will surprise investors.
individualinvestor.com
AMERICAN HOME PRODUCTS: HOME FREE AT LAST!
Senior analyst Chris Bulkey explains why shares of the
drug-maker are poised to rise.
individualinvestor.com
NEON SYSTEMS: STOP PANICKING AND BUY THE STOCK
Senior analyst Garrett Bekker explains why shares of
the integration software maker have been unfairly punished.
individualinvestor.com
PAUL ALLEN?S BROADBAND BET
Eliot Walsh explains why High Speed Access is the
hinterland?s answer to Excite@Home.
individualinvestor.com
THE WORLD TOMMOROW: 360x360 Images
Staff writer Eliot Walsh says Interactive Pictures offers
a viewing experience that powerfully surpasses that of
a plain old digital photograph.
individualinvestor.com
M U T U A L F U N D S
FUNDS STILL LIKE TELECOM SUPPLIERS
Len Hollie explains how fund managers are playing the
coming broadband boom.
individualinvestor.com
BILL GROSS: THE PETER LYNCH OF BONDS
individualinvestor.com
B O A R D B U Z Z
LUNCH BYTES: Q&A with a Message Board Star!
Meet tilefish: Seafood connoisseur. Disney-phile. Talk-show-host wannabe.
Track our favorite message board
mavericks in a razzamatazz interview, Wednesdays at noon.
individualinvestor.com
On Abercrombie's Board: ANF is losing its shirt! Anybody buying at sale prices?
individualinvestor.com
DELL: individualinvestor.com
NITE: individualinvestor.com
ANF: individualinvestor.com
INDI: individualinvestor.com
Microcap Journal: individualinvestor.com
INTC: individualinvestor.com
RAD: individualinvestor.com
MOT: individualinvestor.com
Bull Session: individualinvestor.com
CDNW: individualinvestor.com |
