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To: pass pass who wrote (15029)12/19/2000 10:47:00 PM
From: SJS  Read Replies (1) | Respond to of 24042
 
Oh really? Why are just so many other companies warning then?

In fact, Many of the internet's can't warn.

They're already Chapter 11. It's called "Bad business plans."

Here are the earnings warnings from JUST TODAY. Tell me, how many are your so-called dot coms? Many of these are just your average mainstream, in good standing, slice of Americana....

It's not one person just like it's not one bubble. Most of this is a cycle, and it will eventually pass, pass pass. Like all cycles do....

_______

Date Company Ticker Period End Estimate Preannouncement

19-Dec-00 HON Industries HNI Q4 200012 $0.53 $0.38-0.43
19-Dec-00 Meade Instruments MEAD Q4 200102 $0.11 Below $0.10
19-Dec-00 Vulcan Materials VMC Q4 200012 $0.67 About $0.49
19-Dec-00 PolyOne POL Q4 200012 ($0.05) Loss of $0.10-0.15
19-Dec-00 answerthink ANSR Y00 200012 $0.67 $0.49-0.51
19-Dec-00 Allegheny Tech ATI Q4 200012 $0.47 About $0.32
19-Dec-00 i3 Mobile IIIM Q4 200012 ($0.44) Revs $1 mln; est $1.75 mln
19-Dec-00 SmartDisk SMDK Q4 200012 $0.12 Loss of $0.20-0.30
19-Dec-00 Jabil Circuit JBL Q2 200102 $0.28 About $0.21
19-Dec-00 Norfolk Southern NSC Q4 200012 $0.22 $0.05-0.10
19-Dec-00 UIL Holdings UIL Y00 200012 $4.25 $4.05-4.15
19-Dec-00 IDEX Corp IEX Q4 200012 $0.55 $0.42-0.46
19-Dec-00 Intermet INMT Q4 200012 $0.24 Loss
19-Dec-00 Vishay Intertech VSH Q4 200012 $1.20 $0.96-1.08
19-Dec-00 Foundry Networks FDRY Q4 200012 $0.24 $0.11-0.14
19-Dec-00 Harsco Corp HSC Q1 200103 $0.57 At or below $0.50
19-Dec-00 Lear Corp LEA Q4 200012 $1.38 About $1.35
19-Dec-00 Ashland Inc ASH Q1 200012 $0.70 EPS below estimate
19-Dec-00 Lamar Capital Corp. LCCO Q4 200012 $0.21 Breakeven to $0.03
19-Dec-00 Cummins Engine CUM Q4 200012 $0.66 Loss of $0.35-0.45
19-Dec-00 Creative Tech CREAF Q2 200012 $0.43 Revs below estimate
19-Dec-00 Rayovac ROV Q1 200012 $0.47 $0.30-0.33
19-Dec-00 Rohm and Haas ROH Q4 200012 $0.36 $0.29-0.34
19-Dec-00 Merix Corp MERX Q3 200102 $0.69 $0.44-0.48
19-Dec-00 SBC Comms SBC Q4 200012 $0.58 $0.56-0.58



To: pass pass who wrote (15029)12/19/2000 10:49:25 PM
From: Ibexx  Read Replies (3) | Respond to of 24042
 
Bush Sr., to this day, still blamed Greenspan for contributing to his defeat in 1992. AG simply refused to yield to political pressure to cut rate at an earlier stage to avoid a recession. I don't think Bush Jr. would have the pursuation power either. AG and company are getting on in years.....out of touch with the contemporaries.

Ibexx



To: pass pass who wrote (15029)12/20/2000 12:58:00 AM
From: Tunica Albuginea  Respond to of 24042
 
pass pass, the 38% decline in NASDAQ, IMHO, is due to
a once in a lifetime occurrence of bad events
all happening at the same time:


- the approaching end ( 2000 ) of an 8 year old aging Bull
- full economy that couldn't grow faster than 8%
- Triple Bubble caused by money pumping into
Asian Crisis '98, Russian Crisis and y2k non-event
by an insecure Fed Chairman.
- An ill timed revival of the oil cartel
- Internet tulip mania unpropitiously born 1999-2000
- Unhappy arrival of Oct. tax selling season
- a nasty re-election with an arrogant Vice President
who insisted on counting nonexistent dimpled and
pregnant figments of his imagination with complete
disregard of the law and of what effects his attempts to
jerry rig the election where having on a swooning stock
market.
- rising inflation compounded by rising health care due
to 8 years of failure by this administration to try and
fix the problem; trying instead to sweep it under
a gravestone called HMOs and National Health Insurance,
complete failures every where they've been tried.
- A misguided Fed Chairman, who is too old and slow to
keep his pace up: too late in raising rates and too late
in lowering them.
Lost in his own mutterings and mumbling unable to see
The Bubble in time because he created it and he was
inside it.
-And finally a President who has allowed the highest state
of taxation in 50 years to persist through a misguided
belief in a the socialistic dogma that only redistribution
of wealth can create wealth,

Just some thoughts that quickly come to mind.

Now we wait for Pat's quick Democratic defense
of the White Oral Orifice, cigars included

TA

========================================================



Message #15029 from pass pass at Dec 19, 2000 10:37 PM
The way I look at it, this Nasdaq crash is man-made. Not by politicians, but by one man. He's worried about the wealth effect
to death, so he's determined to let the air out of the internet bubble. Now, the market heard him and threw the baby out with
the bath water. To him, it doesn't matter because he feels the country can survive with or without the internet.