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

To: Jerry Olson who wrote (38082)4/5/2001 3:04:18 PM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
Apr-01
14:50 ET Emulex (EMLX) 16 13/16 +4 5/16 (+34.5%): -- Update -- CE Unterberg Towbin reducing estimates following earnings warnings; lowers FY01 view to $0.64 from $0.81 and reduces 2002 to $0.57 from $0.95. Believes jump in stock is no doubt related to shorts covering; while firm is tempted to upgraded the stock (to look out 12 months), does not feel it has enough information about expense guidance.



To: Jerry Olson who wrote (38082)4/5/2001 3:18:33 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
I don't agree with you, I see something very different, companies by law or say under threat of law are obliged to pre-announce if something is a miss, imagine these 5000 companies they are sitting on potential mine field, so I am positive, thati s my whole line, that economy may not be that bad as has been portrayed.


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