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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 686.96-0.1%Dec 30 4:00 PM EST
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To: Arik T.G. who wrote (75305)4/18/2001 9:10:26 AM
From: Les H  Read Replies (1) of 99985
 
They only said that normal seasonality would prevail. But they also lowered estimates for next quarter for revenue to fall 20-30% YoY. So Q2 would be a sequential decline from here. Other quarter may show sequential increase from Q2 but they would still be down 20-30% from last year. Current estimates are for down 18%.
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