NT down 12 after hours!, NUAN, MUSE down 4 after hours.. tomorrow could be the MUSE will be silenced? more than likely not just the muse.. some other fat cats as well. We'll see, MUSE should sell off. CSCO down over 3 1/2 in after hours also. XLNX, AMAT, TXCC all down in after hours. It should WORSEN with the end of the week, as the belwhethers will have had their earnings and its only the mid caps will continue up on their own news in NOVEMBER. So we had some good rallies and will more than likely have more in the mid cap sectors in November. We have and will have good earnings in the pharmaceutical sectors, but WE MUST SHORT THE EARNINGS OR AFTER THE ANTICIPATORY UPSWING... GILD was a good short called today and DGX which we didn't call timely but did say it was a recovery after that two day huge DROP in DGX.. So traders don't just BUY but BUY with the intent to SELL and/or SELL SHORT.
These might seeem like good earnings but the STOCKS WERE WELL OVERBOUGHT AND ANY GOOD EARNINGS WERE ALREADY BUILT into these blimps. Those without good earnings will be down even more.. NT.. is one good example.
MICROMUSE REPORTS 114% REVENUE GROWTH FOR Q4 2000
Pro Forma Q4 Earnings Surge 151% - Announces 2-for-1 Stock Split
SAN FRANCISCO – Micromuse Inc. (Nasdaq: MUSE), the leading provider of fault and service-level management software, today announced record financial results for its fourth fiscal quarter ended September 30, 2000. Revenues for the quarter were a record $41.1 million, representing a 114% increase over the comparable quarter of fiscal 1999. Pro forma earnings for the quarter, excluding the write-off of purchased in process R & D and the amortization of goodwill and purchased intangible assets, were $5.4 million, or $0.13 per share on a diluted basis, as compared with reported earnings of $2.1 million, or $0.06 per share on a diluted basis, in the fourth quarter of fiscal 1999. |
