Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (28188)	9/13/2000 11:57:00 AM
From: Johnny Canuck	Read Replies (1) of 68076

First sign of weakness of ECM stocks. Need to find out which areas were weak and who they build for. Merrill on SCI : Firm sees warning as isolated to company specific issues and believes there are still many positives in SCI; the reason for the weakness in the quarter is the full PC system which represents just 20% of the company's sales; firm sees stock as most inexpensive in the group and recommends that value investors looking to participate in the EMS industry take advantage of the stock's current weakness. SCI Systems (SCI) 42 1/2 -13 7/16: -- Update -- SG Cowen downgrades to BUY from STRONG BUY after the company preannounces Q1 shortfall citing seasonal weakness in consumer electronics and finished goods PC demand. SCI Systems (SCI) 55 15/16: Company warns for Q1; sees about $0.34; current EPS estimate is $0.38. Cites seasonal weakness in demand as most significant impact but long lead times of certain components have also delayed the ramp of a number of new programs. Company stands by earlier guidance for the year of $10.5 bln in sales and between $1.70 and $1.74 in diluted EPS;

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next