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Pastimes : Ask Mohan about the Market

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To: yard_man who wrote (15025)3/19/1998 4:48:00 PM
From: Amots  Read Replies (1) of 18056
 
Barry and All.
Today warning (from Briefing.com):

<<Cidco Inc (CDCO) 12 3/4 -11/16: manufacturer of subscriber telephone equipment is
warning that 1st qtr revenues will come in below analysts expectations...

Dallas Semiconductor (DS) 38 15/16 +3/16: chip maker warns that it expects Q1 earnings
to be in line to slightly lower than yr-ago net of $0.50 a share; puts sales down 6% sequentially.
Wall Street was expecting the company to earn $0.62 a share for the qtr. Company cites
weakness in wireless market caused by Asian financial breakdown. Company also issues
"cautious" outlook for the 2nd qtr. DS is the 10th company from semiconductor industry to
warn this season. For an industry-by-industry list of earnings warnings, see the new Earnings
Warnings page.>>

==Only 10 points up on Nasdaq (30 on Dow) <g>
Amots
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