HOT stocks for tomorrow.
abraves:
Oh that is another story,you have nothing to worry about then.Consider your second child's education taken care of.<g>
As for Y2K slow down,I think it is sheer nonsense and it is more like a scare tactics.If you remember Michael Dell's interview from a few months back you would know that if anything Y2K should help PC biz,for one thing the majority of the small and medium size biz are planning to replace their systems completely on account of Y2K as they don't want to mess with rewriting the program codes etc etc...MD also said Dell has seen new orders starting to come in from small and medium size biz starting to replace the systems and he thought others including the large ones will follow suit mostly in 1999.There are also other research reports that supports this argument.
Now here is a list of stocks which may move up or down tomorrow on account of news that came out after the marke-close today.Seeya,I think now I go and listen to bubba.
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Hot Stocks
Tue, 19 Jan 1999, 9:02pm EST
U.S. Equity Preview: Bristol-Myers, General Motors, Microsoft
New York, Jan. 19 (Bloomberg) -- The following is a list of
companies whose shares may move in U.S. markets Wednesday, Jan.
20. U.S. Equity Preview includes news that broke after the
markets closed. Tuesday's closing prices are included. The stock
symbol is in parentheses after the company name.
Ascend Communications Inc. (ASND): The No. 4 computer-
networking company, which agreed to be acquired by Lucent
Technologies Inc. (LU), said pro forma profit, before charges,
was 31 cents a share, for the fourth quarter ended Dec. 31,
matching the average estimate of analysts surveyed by First Call.
Ascend rose 3 1/4 to 89 7/16.
Bristol-Myers Squibb Co. (BMY): The second-largest U.S.
drugmaker by sales is expected to report fourth-quarter earnings
of 90 cents a share, the average estimate of analysts surveyed by
First Call. The company earned 78 cents a year ago. The company
is expected to report tomorrow morning. Bristol-Myers fell 2 3/16
to 121 5/8.
Caterpillar Inc. (CAT): The world's largest maker of
construction and earth-moving equipment is expected to earn 83
cents a share in the fourth quarter, the average estimate of
analysts surveyed by First Call. The company earned $1.22 a share
for the same period a year earlier. The company is expected to
report tomorrow morning. Caterpillar fell 1 5/8 to 45 15/16.
Day Runner Inc. (DAYR): The leading maker of paper-based
personal organizers in North America and the U.K., said it cut
350 jobs, or 20 percent of its workforce, as it reported
disappointing earnings. The company had net income of 23 cents a
share, in the fiscal second quarter ended Dec. 31, less than the
32-cent average estimate of analysts surveyed by First Call. The
company earned 45 cents a year earlier. Day Runner rose 1/8 to 12
1/4.
General Motors Corp. (GM): The world's biggest automaker, is
expected to report higher fourth-quarter profit after running its
factories at full speed to recover from United Auto Workers union
strikes last summer. GM's earnings are seen rising to $2.61 a
share from $2.03 in the year-earlier period, based on the average
estimate in a First Call analyst survey. Some analysts say the
company is likely to beat the average estimate when it reports
tomorrow. GM rose 4 11/16 to 88.
Lifecore Biomedical Inc. (LCBM): The maker of medical
supplies said earnings for the second quarter ended Dec. 31 were
4 cents a share, compared with a loss of 1 cent a year earlier.
Lifecore Biomedical fell 3/8 to 12 1/2.
Microsoft Corp. (MSFT): The world's largest software maker
said fiscal second-quarter profit rose 75 percent, beating
estimates, on strong sales of its products across the board.
Earnings for the period ended Dec. 31 climbed to 73 cents a
share, beating the 59 cent average estimate of analysts surveyed
by First Call. Microsoft rose 5 7/8 to 155 5/8.
RF Micro Devices Inc. (RFMD): The maker of radio frequency
circuits said earnings for the second quarter ended Dec. 31 were
31 cents a share, beating the 28 cent average estimate of
analysts surveyed by First Call. RF Micro Devices rose 3 3/16 to
62 3/4.
Teradyne Inc. (TER): The No. 2 U.S. chip-equipment maker
said its fourth-quarter net income was 14 cents a share, beating
the 12-cent average estimate of analysts surveyed by First Call.
Teradyne rose 1/8 to 56.
Xilinx Inc. (XLNX): One of the biggest makers of specialty
semiconductors, reported stronger-than-expected fiscal third-
quarter earnings, boosted by strong sales of chips used in
networking equipment. The company reported net income for the
quarter ended Jan. 2 of 45 cents a share, beating the 40 cent
average estimate of analysts surveyed by First Call. Xilinx also
declared a 2-for-1 stock payable March 11 to shareholders of
record Feb. 18. Xilinx rose 2 1/8 to 75.
Tickers: BMY, GM, MSFT
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