SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Herschel Rubin who wrote (4655)10/7/1999 2:14:00 AM
From: Herschel Rubin  Respond to of 10027
 
Some after-market upside earnings surprises may drive the market (and internet stocks) again tomorrow:

Yahoo's $0.14 EPS reported after the close blew past concensus estimates of $0.09. This should light a fire under the internet sector.

cbsmarketwatch.com

SANTA CLARA, Calif. (CBS.MW) -- Yahoo delivered with flying colors Wednesday, exceeding earnings expectations for the 10th straight quarter as sales soared 134 percent and profits blew away even the most optimistic projections.

Shares of Yahoo (YHOO: news, msgs) rocketed to 182 in after-hours trading on the news. Prior to the report, Yahoo closed up 2 7/16 at 175 3/4 in Nasdaq trading.

Yahoo reported third-quarter earnings of $40.4 million, or 14 cents a share, excluding merger-related charges from its Broadcast.com acquisition, topping analysts' consensus estimate of 9 cents. In the same period a year ago, it earned 5 cents a share.

_________________________________________________________

Advanced Micro Devices -72c vs -97c First Call

interactive.wsj.com

"AMD said its third-quarter loss came to $105.6 million, or 72 cents a share, compared with a year-earlier profit of $1 million, or one cent a diluted share. Analysts' consensus for the latest period had been a loss of 97 cents a share, according to First Call/Thomson Financial. Revenue declined by 3.4% to $662.2 million from $685.9 million."
________________________________________________________

cbsmarketwatch.com

NEW YORK (CBS.MW) -- Ebbing concerns over rising interest rates spawned a potent rally in U.S. stocks Wednesday, with the Internet group exploding for gains not seen in nearly five weeks.

"A lot of fresh money has been going into the Net names," said Ben Marsh, managing director and head of equities trading at Adams Harkness & Hill Inc. "The whole group has a much better feel."

___________________________________________________________

Looks like Volume and Volatility is returning to the markets in October!

MER & INTC report on next Tuesday the 12th.

BTW, does anybody have any comment on my post #4655 yesterday about NITE and Susquehanna, the options company merger that was mentioned in the WSJ? Seems like we should hear something about this sooner or later as Pasternak mentioned it in the Q2 Conf Call.