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.
Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Mao II who wrote (9764)12/2/2001 8:49:35 AM
From: Kenya AA  Read Replies (1) | Respond to of 12662
 
Hi M2. The "erroneous news" was GENERATED by Briefing.com.

17:22 ET Peregrine Sys (PRGN) 15.55 -2.79: -- Correction -- In earlier comment (InPlay 13:07), we cited sources as saying quarter was more back-end loaded than usual. This is not correct. Company called Briefing.com to say that during the CSFB conference today, they said the qtr is tracking to normal linearity with one month to go. Typical quarters track 20-20-60, so at 40% with one month to go, company is tracking with normal linearity.

Here's the 13:07 comment they're referring to ....

13:07 ET Peregrine Sys (PRGN) 15.66 -2.68: At the CSFB conference, company says that the qtr is tracking to normal linearity with one month to go. Typical quarters track 20-20-60, so at 40% with one month to go, company is tracking with normal linearity.

What's "missing" is that that's NOT what Briefing originally put out at 13:07. They actually said something to the effect that PRGN was going to miss its numbers by a mile because with only one month to go in the qtr, they had only done 40% of they're expected sales.

FWIW, this is the second time in less than a week where Briefing has pulled this kind of crap, tho I can't remember who the other "victim" was.

K



To: Mao II who wrote (9764)12/2/2001 6:43:34 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 12662
 
M2...Chap 11 has arrived for Enron...plus they are suing Dynegy for $10 BILLION...if they get it, that might pay some of the lawyers fees....

dailynews.yahoo.com

On PRGN....Nope, I've been out of that one for approx 10 months....had it called away (covered calls) for net price somewhere around $30 as I recall.....it has been sub-$15 serveral times since then, so I guess I can't complain....it's a very volatile, good trading stock though...I probably should have been keeping an eye on it for trading ops, but I haven't really looked at it much since I dumped it.

Jimbo.