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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: pls418 who wrote (12529)	2/20/2002 8:32:34 AM
From: CommanderCricket	Respond to of 23153

pls418, I wouldn't count on FLEX being profitable every quarter this year. From my vantage point I can't see how FLEX can pull it off. They have green field buildings (mfg. capacity) to write off, still too much inventory and competition is getting stiffer. The whole EMS industry needs to consolidate. There's going to alot of "one time charges" this year. I wouldn't look at proforma to determine earnings.

To: pls418 who wrote (12529)	2/20/2002 8:48:13 AM
From: kodiak_bull	Read Replies (1) \| Respond to of 23153

PLS: I never make a statement like "a company doesn't earn money" without having a "source." Like I said, maybe your argument is with SI or Yahoo. I look at the profile of a company and if it says it lost money then I say (parrot) they had negative earnings. I never toss that stuff off the top of my head because I don't follow it that much. It's just interesting, from time to time. You wrote, "You said I was o for 2 because your sites said that the PE for FLEX and JNPR were na(not available)indicating to you they were unprofitable." N/A does NOT mean "not available." It IS available, which is why it is N/A. N/A means "not applicable." It's not applicable because it cannot be computed. It cannot be computed because the divisor, the earnings, is a negative number, and every third grader knows you cannot divide anything in the cosmos by a negative number. And when the divisor is a negative number, that means earnings are negative, which means they lost money and did not earn any. What could be clearer? I am not guessing about this, I am relying on the SI and Yahoo profile numbers, which were cited (not sited) quite clearly. As published (and cited) numbers go, they were losing (not loosing) money. Now as to TA, and this is important, a lot of people put faith in FA, thinking it can predict something. They say crapola like, "CSCO is steadily ramping sales, quarter over quarter, and earnings show a positive trendline growth. Based on an industry p/e of X, we establish a 12 month target price of Y." And then, when confronted with TA, they either think 1) it should be able to "predict" future prices a la FA or 2) it just doesn't work. The truth is TA works, but it is a dynamic process. Yes, you can't predict a double bottom is forming if it is too soon in the pie-baking process to determine that the double bottom actually formed. That is true. TA just don't work that way. If it did, we could predict the 2nd bottom right after the first bottom was made. Is it a fact that you can't predict a 2nd bottom formed at 10 until the stock hits 11, 12, 13? I dunno, it depends on the stock, the situation, the volume, the indicators and the condition of the markets. It ain't that simple, Steve. It just ain't. FA is very simple, and pretty often wrong. It's definitely wrong when it goes completely off track (see the Naz, generally, and especially in 1995-2000). FA is a system of infinite facts, some of which are off, some of which are wrong, and some of which are fraudulent (which, see, ENE, GE, IBM, etc.). Please do my homework? Please get a clue first. Kb

To: pls418 who wrote (12529)	2/20/2002 12:01:52 PM
From: kollmhn	Read Replies (2) \| Respond to of 23153

At the risk of seeming to take sides, it appears to me that KB was correct in asserting that JNPR doesn't made money. Whether it ever will, is a mute point. At least JNPR didn't think it was profitable for either the 3Q01 or, for the 9 months of 2001. From the latest 10-Q: freeedgar.com JDSU just reported a loss for the 4Q01. They think they lost money: freeedgar.com Same goes for Ciena. They think they lost money (Q ending 10/31)even after backing out $1.719 billion of impairments. freeedgar.com You are right about FLEX right, though. They are profitable. No question about it.