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


To: Michael Watkins who wrote (39440)2/8/2000 6:06:00 PM
From: ALTERN8  Respond to of 99985
 
FACTBOX - Largest Nasdaq composite gains
NEW YORK, Feb 8 (Reuters) - The Nasdaq composite index (^IXIC - news) on Tuesday soared more than 105 points, notching its ninth-largest one-day point gain in the reading's nearly 30-year history.

In percentage terms, the 2.44-percent rise gain was not in the top ten.

The following are the top largest point and percent increases in the composite, according to the Nasdaq market.

TOP TEN LARGEST POINT INCREASES
DATE POINT CHANGE
01/10/00 +167.05
01/07/00 +155.49
02/03/00 +137.02
12/21/99 +127.28
02/01/00 +111.63
09/03/99 +108.87
01/13/00 +107.19
01/14/00 +107.06

02/08/00 +105.34 (unofficial close)

06/16/99 +103.16

TOP TEN LARGEST PERCENT INCREASES
DATE PERCENT CHANGE
10/21/87 +7.34
09/08/98 +6.02
10/30/87 +5.29
10/29/87 +5.20
10/09/98 +5.17
09/01/98 +5.06
10/15/98 +4.55
10/28/97 +4.43
01/10/00 +4.30
06/16/99 +4.27



To: Michael Watkins who wrote (39440)2/8/2000 6:37:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Michael another issue that some how the market is ignoring Q 1999 was shorter than Q 2000 by 6 days or 7%.

So for fairness in reporting sales should be 7% lower for comparison or 4,045. As to earnings the same should apply which will result in 0.231 and not 0.25.

This will include all the other accounting gimmicks which will wipe out all the earnings.

BWDIK
Haim