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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Pink Minion who wrote (61213)	10/24/2000 12:30:20 AM
From: Druss	Respond to of 122087

ex-Dilbert--I thought it was a set up. The way MSFT was seeming to indicate some bad news was coming. Still here is this company that always issues pessimistic predictions about the next quarter when they blow out earnings, and they didn't issue an earnings shortfall warning? I thought it was an orchestrated bear trap. They blow out earnings and the reamed shorts who bought into it get to help pay for the stock run up. I guess I am cynical. All the Best Druss

To: Pink Minion who wrote (61213)	10/24/2000 1:41:21 AM
From: superfiggpart2	Respond to of 122087

Response to ex-dilbert and others and on AMZN also "I wonder what traders think about holding a position into earnings? I've heard to NEVER do this. " Earnings are a big time to capatilize on movement as volatility and price swings are at its highest As for MSFT and INTC where i could now say without wanting to shoot myself that i had 1000 put contracts on each (greed i guess). Hearing the MSFT CC and looking at their Numbers it is all a farce ---Analyst (their employers)and management are all in this to rape the public and in this case take the shorters for a fake . First of all their claims that they made 46 cents and beat by 5 cents is so much B.S biz.yahoo.com Before accounting change ??? HELLO you mean with GAAP you made 40 cents not 46 . The ONLY reason MSFT beat earnings estimates was because they pumped up their investment income.... to 1.127 billion for one quarter, thats more than double of their Investment Income in 99 Q1 and 300 million higher than expected investment income so if you where to take the 300 million in REALIZED gains from 1.125 -300 = 812 million . Take the 300 million in pumped up gains divide it by the OS= 5.557 B and you have .0539 which turns into a negative -.0539 + 40 = 34.61 cents that should be the earnings they had to report-. It amazed me to no end that no one noticed that that their -net income from operations- is actually down from last year... biz.yahoo.com If there is one lesson i learned is not to short heavily into co's that have been pumping up their numbers for years, and have enough cash reserves to make investment income = 40% of operating income I simply f-cked with the wrong stocks and it burned me for a little under 500k . Its sad actually ---not so much the loss of money-- but the fact that-- A-- i feel taken like a naive investor who put his life savings into an OTC BB stock or as stupid as an ignorant long who stays with a stock until it gets delisted --- and B--- I feel like such a piker being only allowed trading in 2000 share positions and 20 contracts when i was used to 20k share positions and a couple hundred Contracts--- I know i will make my money back again-- but my lifestye has been curtailed a bit... (no more high tech gadgets for me for a while) and yes the Handspring is the worst POS wanna be PDA out there... (you get what you pay for) As for AMZN it seems like they want to start pumping this stock---- do i see through it??? I know their headline will read like this if they meet numbers NOTE: not actual numbers but expected "AMZN reports revenues of 608 million a 77% growth in revenues from last year Q3 of 355million". Earnings loss per share dwindled from 59 cents Q3 99 to 33 cents this year and AMZN sees profatibility earlier than first expected" Now wether AMZN is a cool place to buy stuff at (2k or so on me and my GF towards AMZN revenues alone) and its business model is a BK headed POS one, are 2 different questions . I think the co is too heavily leveraged and margins way to thin to ever be worth even 1/5 th of its 10.6 B valuation . Will it lose more than 108 million this quarter is the 64k question . It will most likely guide analyst that the xmas quarter coming up will be strong (as consumer confidence indicates) ,,, so right now i am very stumped----- implied volatility on the options is sky high (beta) -- shorting straight out seems like the best way to go but i am a little bit shaken and not in full senses because of MSFT and INTC so comments will be useful