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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (25230)9/8/1999 2:16:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Of the ones you mention, their quarterly earnings growth drops off sharply after this quarter...

MSFT 5%
CSCO -35%
LU 7%
INTC 8%

Others include IBM 8%, SUNW 14% with falling estimates, ORCL 13%, and so on.

I suspect that companies will come out and give 'soft' guidance once again after the next earnings reports. It's interesting how closely the Dow Jones Transport continues to track the 1998 chart --- more news that oil is headed up to at least $ 25.