Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote ()	4/13/2000 7:24:00 PM
From: Jack Hartmann	Read Replies (3) of 108040

I think the quality of tonight's earnings reports will move the market positive. I must be the only one thinking it is just like April98. Recovery then came after a round of stellar earnings. Company Actual Zacks Year-ago Revenue Advanced Energy AEIS 0.34 0.33 0.02 105.2% Avanex AVNX -0.08 -0.11 -0.80 n/a Cree CREE 0.26 0.21 0.11 76.9% Emulex Corp. EMLX 0.20 0.18 0.05 100.3% Foundry Networks FDRY 0.14 0.09 0.01 353.9% Juniper Networks JNPR 0.06 a 0.03 -0.15 536.1% KLA-Tencor KLAC 0.38 0.32 0.11 95.8% Mercury Interactive MERQ 0.11 0.10 0.06 60.6% PMC-Sierra PMCS 0.17a 0.16 0.06 104.0% Powerwave Tech PWAV 0.48 0.32 0.11 85.4% Sun Microsystems SUNW 0.26a 0.22 0.18 35.5% Tech infrastructure companies like these are showing the panic selling is based on the "sky is falling" preaching. Fear and value investors fanning the tech demise. Earnings and revenues are improving. Nasdaq below 3000? Not with these earning numbers. "Earnings drive the market" - Peter Lynch The cult of bears is about to get some serious treadmarks on their hide. Jack

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