Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (27915)	1/17/2002 6:52:15 PM
From: Susan G	Read Replies (1) \| Respond to of 52237

The futures are testing the December lows after the close. They broke support levels that were important too... a major pivot point watched by the floor traders.

To: Chris who wrote (27915)	1/17/2002 7:05:22 PM
From: Chris	Read Replies (2) \| Respond to of 52237

more fa craziness 19:03 ET Microsoft (MSFT) 69.86 +1.99: -- Update -- The Final Answer? We hope so. With its many charges/gains and differing analysts' treatment of same, the MSFT report and guidance has been a statistical morass. Here's the bottom line: Microsoft beat revenue and EPS estimates for the Dec qtr. It guided higher for the Mar qtr, but this is misleading as many analysts had assumed a Jun qtr closing of the EXPE sale (which analysts are including...stay with us) whereas MSFT is assuming a Mar qtr closing, so it's important to focus on the Mar/Jun qtrs combined to get the true picture. For those qtrs combined, MSFT guided to EPS of $0.93-0.96 vs the Multex consensus of $0.97 and revenues of $14.9-15.2 bln vs the consensus of $15.2 bln. The company also guided its PC shipment forecast lower to a mid-single digit decline from a previous expectation of a modest increase. So MSFT beat in Dec, but guided lower for Mar/Jun, and the stock traded down to $67.20 as a result.