The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: LakesideTrader who wrote (9227)	1/22/1999 7:30:00 AM
From: Paul A	Read Replies (1) of 90042

CNBC is getting a bit out of hand.. I was watching SUNW after hours when the numbers hit the wire, and CNBC was in such a rush to get the news out they reported that SUNW missed estimates by 2 cents.. THAT second the stock shot down 2 points after hours.. 1 minute later they came back and released they based it on the wrong number and in fact they beat by a penny.. but the tone was already set, and the market was weak which didnt help.. These folks have alot of influence as of late, and honestly if you have been watching CNBC for a few years now you would realize they are just now learning about what they are reporting. Joe Kernan just bought his first computer if im not mistaken? boy this markets going to get off to a bad start. Dunno what point ill be entering SUNW but theres too much to ignore there. Stock split, New product launch next Tuesday, and the fact that alot of orders were pushed ahead into this next quarter should make this an interesting play after/if it tanks. Anyone familiar with IOM and those earnings?

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