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To: bigbuk who wrote (49303)4/8/2001 9:58:26 AM
From: bigbuk  Read Replies (1) | Respond to of 62348
 
more .........

canoe.ca

As for truly good news -- better-than-expected earnings -- it seems investors can pretty much forget about it.
"There is a small chance you will get many upside surprises," Hill said. "There will be companies like Circuit City, Bed Bath & Beyond and Best Buy, all of which beat estimates, but they will be in the distinct minority."
Companies are also unlikely to report improving outlooks, said Hugh Johnson, chief investment officer for First Albany.
"We'll be left with the view that the future is very, very unclear or cloudy."