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Strategies & Market Trends : Asia Forum

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To: MikeM54321 who wrote (4234)	6/6/1998 5:56:00 PM
From: GuinnessGuy	Read Replies (2) of 9980

Mike, I just did a quick Lexis-Nexis search for stories in the last month(date > 6 May 1998) about earnings warnings using the two-word phrase 'below analyst' together with the individual words 'earnings, revenues or profits' required in the same sentence. I picked up 95 stories doing this. Of course, some of these announcements were about the same company(e.g. - Motorola) so this doesn't imply that there were 95 separate companies reported as falling below expectations. Also, I have never kept a running tab on this before so I can't say that '95' is an unusually high number. I suspect that it is but I just can't say so from experience. If I get a chance I'll run several 30 day searches going back in time to see if we're really in the earnings doghouse right now. BTW -- Does anyone know of a site which tracks earnings warnings as a regular feature of the site? Something really comprehensive? Craig

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