Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Square_Dealings who wrote (41031)	1/17/2001 8:07:16 AM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 42787

Yep, I am amazed at the short memories of the bulls. Most of these earnings are on lowered estimates and are already at significant discounts to last year's earnings. Here are a couple more hot off the wire... 07:09 [EK] EASTMAN KODAK Q4 SALES AT $3.56 BLN VS. YEAR-EARLIER $3.799 BLN 07:36 [DPH] DELPHI AUTOMOTIVE Q4 SALES AT $6.909 BLN VS. YEAR-EARLIER $7.25 BLN If this rally keeps going, I think it will prove to be a great short and since it is based on nothing real, I am starting to doubt my 3100 target will be hit and we will instead drop short. Next quarter is going ot be even worse. Of course the hard part is factoring in that no one can seem to remember the targeted earnings are on lowered targets. Already guidance is being lowered to the basement thus anything is considered beating them now. As I said, I will be exiting my longs this morning. Good Luck, Lee