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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (10739)12/17/1997 10:48:00 AM
From: Cynic 2005  Read Replies (6) of 18056
 
Pardon my bragging again,
2. I think that at least 3 companies in the DOW 30 list will give a profit warning. CAT, PM, MMM, HWP are among the likely candidates. I wouldn't be surprised if GE warns. I expect another profit warning from Motorola (a lot of exposure in SE Asia.) Before end of January, the networking sector and, of course, cisco should hit the wall.
exchange2000.com;

09:12 [MMM] MINNESOTA MINING SAYS COMPANY EARNED Q4 $375 MLN, 90 CENTS YR-AGO
09:11 [MMM] MINNESOTA MINING CITES WEAKNESS IN JAPAN, ASIA, BRAZIL MKTS.
09:10 [MMM] MINNESOTA MINING SEES Q4 EARNS 'SIMILAR' TO LEVELS YEAR-AGO.
09:09 [MMM] MINNESOTA MINING SEES CURRENCY EFFECTS HURTING Q4 EARNS BY 10%.
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