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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (26061)10/9/2000 5:23:02 PM
From: chic_hearne  Read Replies (1) of 436258
 
I see most of these "earnings" warnings to be by Clown companies.

Take a look at the high profile ones:

INTC- Duh? About time, AMD is killing them.

DELL- Intel's bitch, they don't use AMD processors (notice they are the ONLY major PC company warning, also the only one that doesn't use AMD).

SGI- Duh? They throw in the towel with their propriatary big Iron for Intel's IA64 architecture, which is not here and is already over 3 years late.

AAPL- I mean come on. They haven't had a processor improvement in almost a year. Why the hell would anyone buy a 500 Mhz Apple computer when they can get a 1 Ghz or more for less money?

I could go on. I probably sound like some Clown ANALyst with this "company specific" crap.

The key thing I'm watching is the depths that companies are going to that do make earnings. We'll get a good dose of this with YHOO. CSCO and ORCL are other high profile notables. Accounting tricks seem to be ruling in this era. When we see the mainstream press start talking about the "quality" of CSCO earnings, well, look out below...... I'm fully expecting there will be a ****TON**** of garbage in the earnings of at least a few high profile techs that didn't warn. The million dollar question is will the talking heads make a big deal about this for the first time or will it be business as usual on wall street......
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