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To: Alok Sinha who wrote (85723)7/14/1999 5:39:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 186894
 
I couldn't agree more. I've never seen such table pounding after a missed earnings number in my 9 years of investing experience.

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but the fact that all analysts(except Niles) were pounding the table after a fairly significant miss indicates the general fear of a widespread tech sell-off in the investment banking community.



To: Alok Sinha who wrote (85723)7/14/1999 10:13:00 PM
From: Fred Fahmy  Respond to of 186894
 
Alok,

<....after a fairly significant miss....>

A 2 cent miss is significant?? Is this a joke? The dividend for the quarter alone was 3 cents.

Analysts were pounding the table because revenue and earnings were a record for Q2, YTY growth was very strong for the first half of 1999, and most important...the outlook for the second half of the year and beyond looks good.

FF


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