Simulation Sciences (SMCI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Simulation Sciences (SMCI)

SMCI 51.96

+3.2%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Hutton who wrote (119)	2/14/1998 10:57:00 PM
From: Rational	of 183

I was thinking of the oil prices for some time. One should expect that a decline in oil prices may induce oil refineries to adopt better technology to improve productivity. The Wall Street must have thought for some time (before SMCI crashed), though, that oil prices would affect earnings of firms like SMCI and AZPN, given the decline in prices of these stocks long before earnings announcement. The WS was obviously wrong with respect to AZPN's earnings. This shows that the R&D expenses (not oil prices) was the main factor for SMCI's earnings, IMO. Sankar

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next