JOhn, >The most positive thing about today, to me, is that the big, high growth earnings driven tech stocks came back, while the Internuts with no earnings were left behind.
I agree with that, my portfolio % consisting almost entirely of the former. Unfortunately, I bought a couple of the latter when it appeared you had to have some of them. Well, about even on them still. Fortunately, I also bought AMAT on Friday, documented here for all to see.
TI's earnings released after hours today were excellent, and they're up even more in after hours, after being up 17 and change today. They even had one little thing the nitpickers could get on, in a part of the report that Intel could repeat tomorrow: their revenues were slightly down sequentially, from Q4-99. Like Intel, TI usually does have sequentially down revs, Q4 to Q1. Fortunately, they are not being punished, as they shouldn't. I hope Intel reports up revs tomorrow Q4 to Q1, but if TI is any indicator, not a biggie if not.
Tony |
