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


To: Smart_Money who wrote (81263)6/19/2002 10:16:55 AM
From: DebtBomb  Respond to of 99280
 
LOL, oh man, can't help but joke around, this market is a friggen joke.
I figure, probably only about two more weeks of warnings, IMO.
;-O



To: Smart_Money who wrote (81263)6/19/2002 10:23:58 AM
From: Softechie  Read Replies (1) | Respond to of 99280
 
RKY Adolph Coors falls on weak beer shipment data (63.46 -2.38)
Stock trading down in reaction to domestic beer shipment data for May that was released by the Beer Institute yesterday. According to Goldman Sachs (pre-market), this data, in conjunction with soft sales trends, suggest there may be some earnings risk to firm's Q2 estimates for beer companies. Specifically, believes BUD (-2.3%) est may be a penny too high and RKY's could turn out to be around $1.43 vs consensus $1.59. Firm will be sharpening these estimates over the next few days.