Complacency for the S&P is right back at the upper extreme.
ST S&P CI: 95.558 MT S&P CI: 96.239 LT S&P CI: 77.544
I guess that means we should all buy, buy, buy, cuz everyone's complacent.
Now here's a funny one. Note the headline:
BEA Systems beats expectation By Mike Tarsala, CBS.MarketWatch.com Last Update: 4:26 PM ET Nov. 13, 2001 SAN JOSE, Calif. (CBS.MW) -- Server-based software maker BEA Systems reported a net loss compared with its profit a year ago, although the company beat pro forma earnings expectations with help from cost controls. BEA's management reported a net loss of $90.9 million, or 23 cents a share. A year ago it had a profit of $8.2 million, or 2 cents a share.
And this, from Reuters:
For the quarter ended Oct. 26, Sunnyvale, California-based Network Appliance said its profit fell to $7.7 million, or 2 cents per share, from net income of $36.9 million, or 10 cents per share a year earlier. Sales fell to $194.7 million from $200.4 million. |