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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: lifeisgood who wrote (27581)	6/14/2001 1:36:34 AM
From: puborectalis	Respond to of 37746

Veritas Software (VRTS) 63.89 -4.69 (-6.8%): Reuters reporting that company CFO reiterated comfort with Q2 EPS (consensus $0.19) this afternoon at the Bear Stearns conference; sees Q2 sales up modestly from Q1............UPDATE1-Veritas sees second quarter sales up modestly from Q1 (UPDATE: Adds details paragraph 5, closing share price) NEW YORK, June 13 (Reuters) - Storage management software company Veritas Software Corp.(NasdaqNM:VRTS - news) still expects its second quarter sales to rise modestly from first quarter levels, its chief financial officer said on Wednesday. ``We said this in our analyst's meeting, and we can reaffirm it today, Q2 is still up from Q1, although by a modest number,'' Veritas CFO Ken Lonchar said at a Bear Stearns technology conference here, pointing to a chart indicating that sales would rise 1 percent sequentially in the second quarter from the first. When asked if he was comfortable with analysts consensus estimates for the second quarter, Lonchar said, ``absolutely.'' The analysts' consensus for Veritas' second-quarter earnings per share is a profit of 19 cents, according to Thomson Financial/First Call, with a range of 18 cents to 20 cents. The company on May 23 said it remained on track to deliver annual revenue growth of between 35 and 50 percent. Veritas shares -- which tend to be volatile -- finished down $4.78 at $63.80 on the Nasdaq.

To: lifeisgood who wrote (27581)	6/14/2001 2:55:50 AM
From: John	Respond to of 37746

Yes, I made some purchases in UOPIX at the top. But what you didn't disclose is the fact that shortly thereafter, I shorted much of the bear market with USPIX and subsequently averaged down my initial long position in UOPIX from 132 to 18 at present. Yes, the UOPIX portion of my account is still in the red, but my entire ProFunds portfolio is only down 15% since March 26th, 2000. And I'm using this period because your small mind always like to look at the absolute worst periods of everything. I think any sane person would concede that if what I say is true, I have indeed outperformed the NDX during the same period. So stop misleading people with your lies. You'd be wise to stay FAR away from any leveraged investment. You have no idea how they work or how to use leveraged tools. I hope you have a nice day, lifeisbad. Best Regards, John :-)