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Technology Stocks : First Virtual Corporation (FVCX) -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (241)	10/13/1999 7:16:00 PM
From: QuietWon	Read Replies (2) \| Respond to of 323

Note the final paragraph... To: kathyh who wrote (65647) From: QuietWon Wednesday, Oct 13 1999 6:19PM ET Reply # of 65661 kathy, I may have been lucky in not having enough time to go through an earnings/forward look review that I like to do every quarter. I'm a bit surprised that some co's have not met expectations this qtr. One thing to rem is: co's in the same subsegment as a big co that misses earnings are likely to miss earnings. A bit of a contrarian I am, and what's interesting for the Q3 earnings is that almost everyone thought the earnings for most co's would beat estimates. Just when everyone begins to feel it's a no brainer, it turns out not to be. I haven't been looking at earnings basically for lack of time and a few co's I've been in are doing very well now which has taken my time. So, in one sense, the "white noise" of wall street hasn't affected me in the past few weeks. I haven't heard, nor have I looked, to see why Intel missed earnings, but I think it will be contained to the PC chip biz, AND, as always, to co's that have had a major run up before earnings eg. Nokia - played it in 1998 3 times winning quite well, then (again due to lack of time in January '99) did not play it, especially as it ran from about 85/90 to 145/150 in 3 months and about 120 - 145/150 in the 2 wks prior to earnings -- way too much, imo. Well, NOK lost 8 pts the next morning, gapping down. Hadn't seen a gap down before on Nokia, so didn't feel comfortable shorting it. I don't short that often, in general, but it is a very good tool, I agree. Occasionally, I throw a few of these onto Anthony's thread. Maybe more volatility for next week to two, then upswing again (for general mkt). Gotta get onto next response -- sure wish we had videoconferencing here today, so we could see and hear, then we wouldn't have to type so much. Having said that, the chat rooms better watch out as they may lose biz/hits as videoconf rolls out to more & more individuals ... hmmm, fvcx