Hi Paul
>Jeff, NCR is starting to move. Got any ideas as to why?
Not a clue...
>Sorry about SGI. I didn't like the big down day last week when it dropped out of
>nowwhere, from $29 to $26. That, to me, was a signal that someone got the scoop
>that they wouldn't make the qtr and sold big time. I fortunately, got out at $29.5 and
>$27. I'd get back in, but shit, the company can't handle the quarterly earnings. One qtr
>they blow it out, the next, they miss BIG TIME.
This one caught everybody by surprise! Zacks was carrying a "1" rating and they even went out of their way to state they might surprise on the upside. I just don't get emotional about these kinds of things. I've done my homework and have noted my marketing concerns. We won't know details until the conf call but at this point it appears that it's not the Cray acquisition and not manufacturing delays this time. So at least this is progress. But yes, the fact that they or anybody else can predict earnings will weigh on the stock. They ought to learn to defer revenues when they have a good quarter like MSFT does! ;-)
Regards
Jeff |
