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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (12738)12/12/2001 4:38:46 PM
From: Sam  Respond to of 99280
 
Zeev,
What do you think: Message 16782341 ?

Sam



To: Zeev Hed who wrote (12738)12/12/2001 7:07:21 PM
From: 4rthofjuly007  Read Replies (1) | Respond to of 99280
 
Unreal. Another 10% reduction in staff. Take another non-recurring charge that doesn't hit the pro-forma eps but reduces "their break even". The last charge was over 140 million. They reported .3 without the charge included. Had they included it, they would have lost .10!

Now, I completely understand how important it is to "stay in the black". Pro-forma wise, anyway. But what does this say about their outlook?



To: Zeev Hed who wrote (12738)12/12/2001 8:55:20 PM
From: Jdaasoc  Respond to of 99280
 
Just got a chance to look at market action. Happened to see NYSE trin chart apriori to anything else. It was never under 1 today you think the market was in total selloff mode but it make magically comeback totally unchanged.
Definitely looks like window dressing time throwing out the year's losers ORCL, CSCO, ERICY JDSU and CIEN while loading up proverbial winners MSFT , VRTS NTAP AMAT INTC DELL and WCOM as indicated form the vol losers and gainers today.

Bodes well for JAN effect if you select what was being bought today.