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Strategies & Market Trends : JMills' Center of Trades and News

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To: Jeff Mills who wrote ()1/18/1997 1:44:00 AM
From: Chi-X   of 57
 
Here's a trade alert. After Earnings, MSFT trades down -2 in afterhours after reporting spectacular earnings beating both the street and "whisper" expectations. I would attribute this to the weakness in margins and revenue seen going forward into 1997-98. This may be important and may weigh down the Nasdaq on Monday if MSFT continues to trade down when the bell rings.

As for those that don't know Mills, I've found him to be an excellent hound dog at sniffing out breaking news. This week, he told me about the VIAS/ZITL news when I took a bathroom break and saw that ZITL popped from $31 to $37 for some reason. Then, he broke the AOL 8 million subscriber news when AOL was at $38 and it quickly rose to $41 at the end of Thursday and reached $43 Friday. If you see this guy in the Fool Chat room or the #daytraders IRC, consider yourself lucky.


Cheers,
Chi-X has Spoken!


CEO
Chi International
members.aol.com
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