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To: Ron McKinnon who wrote (24550)9/26/2000 12:07:44 PM
From: Larry S.  Respond to of 53068
 
if they missed, muei would be a young single digit. read the report, a lot of the earnings came from memory division, not pc. and with MU being dumped now, this is a backward looking positive earnings report, not positive forward.
market on precipice. EK's warning just the latest. MSFT news very short term positive, but stocks can't hold gains. not the time to bottom fish except for flips and then ONLY IF willing to take short term loss if wrong. earnings warning season, and there is no conviction to buy. ABIZ now 9, great sell for loss at 17. CMGI and ICGE getting crushed. QCOM and INTU strong. energies and utilities strong, but real men don't buy energy or utility stocks. Larry