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To: Jill who wrote (3638)9/25/2000 5:14:44 PM
From: freeus  Read Replies (4) | Respond to of 65232
 
recalm down hon
How?
I just got back into margin debt big this a.m.: I was sure, since Intc's warning didn't seem to spook the market Fri we'd be ok.
Ouch ouch ouch..
Do you have more soothing words than "calm down"? which might help me calm down???????
Freeus
Gotta go give two reflexology sessions. I need one myself.
Back later.
Ouch!



To: Jill who wrote (3638)9/25/2000 6:13:03 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
Hi Jill,

It'll be bad juju to have many companies warning on Thurs & Fri, don't you think? Me thinks that any warnings after Wed will cause that issue to get taken to INTC's woodshed for its beating. Those waiting until their regularly scheduled earnings release date to announce they missed estimates could see share holder lawsuits.

Still, we might test 3600. Maybe the houses want to shake out some more margin players - note NAZ down three straight sessions for about a 150 point loss - some stocks are down big time -

INTC over 28% in 3 days
MU over 28% in 5 days
DITC over 25% in 4 days
LU over 18% in 6 days
TXN over 18% in 4 days
TERN over 17.5% in 4 days
AMD over 15% in 4 days
MOT over 12% in 4 days
ERICY 12% in 4 days
NTAP fanned the flames today with a 11.5% drop

- margin calls will be due & could be quite ugly for those who were waiting for a rebound.

Hope we are wrong....

Ö¿Ö



To: Jill who wrote (3638)9/25/2000 7:21:38 PM
From: Sully-  Respond to of 65232
 
Hewlett-Packard Drops After Hours as Rival Cuts Profit Forecast

9/25/00 3:37:00 PM
Source: Bloomberg News
URL: cnetinvestor.com

New York, Sept. 25 (Bloomberg) -- Hewlett-Packard Co., the world's largest maker of computer printers, fell in extended trading after rival Lexmark International Inc. said profit in the second half of the year will be lower than analysts expected.

Shares of Hewlett-Packard dropped 3.94, or 3.9 percent, to 97.38 in trading after the 4 p.m. close of the New York Stock Exchange. It fell 2.38 to 101.31 during normal trading hours.

Lexmark, the No. 2 maker of laser printers, blamed the shortfall on low inkjet cartridge sales and unfavorable exchange rates. Lexmark is the latest of several companies, including McDonald's Corp. and Goodyear Tire & Rubber Co., to warn that profits will miss estimates in part because of the weakness of the euro, which has fallen 13 percent against the dollar this year.

Trading in Lexmark shares was halted shortly after its announcement. The shares fell 2.63 to 52 during normal trading.

Sprint PCS Group, the second-most active stock after hours, extended its gains, rising 25 cents to 31.56 as the wireless telephone unit of Sprint Corp. was raised to ''buy'' from ''neutral'' by Lehman Brothers Inc. analyst John Bensche.

Cisco Systems Inc., the No. 1 maker of computer networking equipment, rose 1.06 to 58.25. Communications chipmaker Analog Devices Inc. fell 7.63 to 82 after-hours. It rose 1.13 to 89.50 earlier in the day.

Among the most actively traded shares after hours were Bestfoods, which was unchanged at 72, and Intel Corp., which gained 6 cents to 45.44. Lennox International Inc., the fifth most active stock, was unchanged at 9.25.

Futures on the Standard & Poor's 500 Index rose 0.10 to 1,461.10 in overnight trading, indicating that the underlying shares will be little changed when trading resumes.

Ö¿Ö