SI
SI
discoversearch

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.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (37730)3/30/2001 3:01:17 PM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
Ike

i was under the impression that you preferred me NOT to post daytrading thinking here..rather what i felt was a longer term view...

however..if you wish i would be happy to post my numbers for a longer term out look, and also give exact thinking each day intraday when i have time...

you must understand Ike..when i go into the day i am neutral...not caring if we go up or down..and all i do is follow the days trend...basically at the 11.00 am bottom on the futures i went long...and untill that doji just now at 2.45 pm..i scalped long trades only...

as for my longer term views of the SOX and other indexs i always try to convey what i see in the charts..and i'll stick to my predictions.."IF" the SOX breaks 500 we are dead as a door nail...all indexs will follow and tank..ALL..

just my opinion..let's see IF it actually happens..



To: IQBAL LATIF who wrote (37730)3/30/2001 3:06:36 PM
From: Stoctrash  Respond to of 50167
 
IKE ..i'm not picking a fight here but if you read Mr. Gate's comments from last night in Japan...my take on it that he is giving a warning for MSFT share holders. Just as John Chambers hinted to the press before CSCO's first warning, I believe BILL is doing the same. "no comment" from Bill means not so good to me.

Message 15589221
Thursday March 29, 7:28 pm Eastern Time
Microsoft offers no new guidance on profit outlook
TOKYO, March 30 (Reuters) - Microsoft Corp (NasdaqNM:MSFT - news) declined to say on Friday whether the sputtering U.S. economy would have an impact on its earnings outlook for the second half of its current business year, which ends in June.

``Whatever goes on in the economy will affect our sales like any other company,'' chairman and chief software architect Bill Gates told Reuters in an interview.

Weaker spending on technology by companies as well as signs of lower spending by consumers are causing a slowdown U.S. economy, with most major technology firms such as Intel Corp (NasdaqNM:INTC - news) projecting weaker earnings growth.

Gates declined to comment on whether the software giant's sales and profit outlook had changed.


Microsoft lowered expectations slightly in January, saying profits for the third quarter, which ends on March 31, would come in at 42 cents to 43 cents a share.

Despite the slower quarter projection, it kept intact its outlook for the full year intact at $1.80 to $1.82 a share.

``We were one of the first companies to say last year that economic conditions were affecting our sales.''

``No matter what goes on with the economy in any particular year these waves of products will continue to drive success for us,'' he said, referring to the suite of Microsoft's software products such as Excel, Word and its upcoming upgrade to the Windows platform, Windows XP.

Wall Street's current consensus estimate for the current quarter is 43 cents a share, unchanged from the same quarter last year, according to First Call/Thomson Financial.

Results for Microsoft's third quarter ending March 31 are due out on the week of April 16.

The second half of the year is seen as a crucial time for Microsoft, which will launch Windows XP, the successor to its flagship product Windows 2000, and try to build steam behind Office XP, the new version of its suite of business software that includes the Word document editor and Excel spreadsheet