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


To: TechTrader42 who wrote (35594)5/7/2002 4:29:07 PM
From: Monty Lenard  Read Replies (1) | Respond to of 52237
 
Decent by whose standards? I see their "proforma" was up 264% over last quarter.

The market needs and wants some relief here so I guess any excuse is as good as another. I can stand a long trade here on the q's.

Not only a hammer but a harami. Guess I will just have to buy some q's after hours.

Monty



To: TechTrader42 who wrote (35594)5/7/2002 4:35:21 PM
From: Sherman Chen  Respond to of 52237
 
QLGC gave a "decent" report too.



To: TechTrader42 who wrote (35594)5/7/2002 4:36:07 PM
From: Monty Lenard  Read Replies (1) | Respond to of 52237
 
Is that a bad quote on crisco or did it hit 12.28 today for the low?

Monty



To: TechTrader42 who wrote (35594)5/7/2002 4:51:29 PM
From: Ron  Read Replies (1) | Respond to of 52237
 
>>>Yeah, but CSCO just posted decent earnings
and buyers came in...FINALLY we have some buyers on earnings
ttrader.com Charts&id=38&d=2



To: TechTrader42 who wrote (35594)5/7/2002 4:55:09 PM
From: Monty Lenard  Read Replies (1) | Respond to of 52237
 
4:30 (Dow Jones) An early glance at Cisco's (CSCO) 3Q results shows better than expected earnings but flat sales. Pro forma earnings of 11 cents a share beat First Call consensus by 2 cents. Sales of $4.82 billion roughly flat with 2Q missed First Call view of $4.86 billion and were at low end of company's forecast range. A big improvement in pro forma gross profit margins: 63.1% in 3Q vs. 57.6% in 2Q and 54.5% a year earlier. (PDL)

Wonder how much "obsolete" inventory was used to improve that GP Margin? Until the results are filed with the sec it is all a charade and guessing game.

Monty