Earnings from Briefing
Listed below are some of the companies due to report earnings this week:
Tuesday: Texas Instruments (TXN), Computer Assoc. (CA), EMC (EMC),
IBM (IBM), Microsoft (MSFT)
Wed: Spyglass (SPYG), Asyst (ASYT), Cirrus (CRUS), Informix (IFMX),
Silicon Graphics (SGI)
Thursday: Ericsson (ERICY), Lucent (LU), Adaptec (ADPT), Gateway (GTW), Inktomi (INKT)
Friday: Nokia (NOKa)
Wednesday Morning (MSFT reports after Tuesday close) and Thursday
Morning (LU reports before Market Opens)should be good for the Tech
Stocks.
Also, from Quote.com
Market Wrap: Monday, October 19
The market continued to climb today as the pessimism that has been pervasive since the Fed's initial rate cuts began to subside. Traders were encouraged by comments from FOMC members indicating that the Fed was acting to avert what it perceived as an impending credit crunch, not out of fear that the economy is regressing. Traders were also encouraged by indications that this is only the second in a series of rate cuts and at least one more still lies ahead. While there was some question on Friday as to whether the gains were the result of real buying or just options expiration activity, analysts are taking today's activity as a sign that the buyers have returned and fund managers are putting cash back to work. |
