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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (32013)10/4/2000 5:13:11 PM
From: Paul Shread  Respond to of 42787
 
Micron Tech (MU) 46 15/16 +3 7/8: Reports Q4 earnings of $1.20 a share, $0.24 better than the First Call consensus of $0.96.



To: donald sew who wrote (32013)10/4/2000 5:16:29 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
Dell only down 3? Eegads, that's a 10% haircut for missing revs by 3% and meeting earnings estimates.

I hope it's not a one-day wonder, but today sure wasn't too encouraging. Maybe we'll get three days out of this one. ;-)

At least we have 120 points of downside to the COMPX trendline.

Two positives, comparing now to August: Dow (10,575 vs. 10,464) and S&P (1416 vs. 1414) both set higher lows (so far). The Nasdaq, obviously, did not, so maybe the sell-off can be limited to techs...