I for one feel the excitement today. I am, in a phrase, looking out. Another remarkably prescient afternoon for the permabulls yesterday, to be sure.
On an unrelated topic, here's a word for the thread's longer-term bulls'ters to ruminate on: nescience.
Someone sent this (below) this morning. I'm sorry to say I don't know the source. I beg y'all to forgive me for quoting it without attribution.
"Intel said profit in the recent period would have been
$1 billion, or 15 cents a share, excluding acquisition costs and
expenses from settling a lawsuit. On that basis, which isn't in
accordance with generally accepted accounting principles, profit
matched the average analyst estimate in a First Call survey.
Intel changed the way it accounts for acquisition costs,
reducing the expenses it must record each quarter. In the recent
quarter, the chipmaker's net income included $111 million in pretax
acquisition costs, compared with $660 million a year earlier.
``There's still no sign of a recovery,'' Bryant said. ``The
forecast for second quarter is essentially a seasonal forecast.''
Revenue climbed in Asia and emerging markets such as Eastern
Europe, President Paul Otellini said on a conference call. Slack
corporate demand in the U.S. and Europe hurt sales, he said.
Bryant said Intel is planning for shipments to rise in the
second half, as it does in most years. Otellini declined to comment
on Intel's forecasts for next year."
Larry: Your mistake was offering a workable TA system and signals for free. It was bound to be added to the thread rejectamenta. Offer the usual emunctory nescience, and ye shall be embraced. |
