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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (40743)	2/23/2004 11:19:12 PM
From: Johnny Canuck	Respond to of 69172

Novell reports profit, higher sales (NOVL) by Mike Tarsala SAN FRANCISCO (CBS.MW) -- Novell (NOVL) on Monday posted first-quarter earnings of $10.1 million, or 3 cents a share. In the same quarter a year earlier, the software maker lost $11.9 million, or 3 cents a share. Excluding one-time items, Novell said it earned $11.3 million, or 3 cents. Revenue was $267 million, up from $260 million a year earlier. Analysts had been expecting sales of $270 million, on average. Novell shares rose 54 cents, or about 5 percent, to close at $11.21 in regular-session Nasdaq trading, ahead of the announcement [Harry: Oops, revenue miss. Wonder what forward guidance is like.]

To: Johnny Canuck who wrote (40743)	2/24/2004 12:36:35 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 69172

Hi Harry: rmbs will be fine as long as the patents hold up. re yesterdays intc news with IRS assessment of $600m. Not to be taken lightly but I remember a time when the co. I worked for was assessed 600m in one audit cycle for one group of subsidiaries. All of a sudden I and two others were switched to focus on this 100% and it ended up being a few million in Co's favor [we are talking about 1 year of due dilligence work and another year (less but i forget how long) of negotiations with IRS. Since INTC's auditors (thus I assume tax advisors) are E&Y and NOT KPMG I would think INTC eventually lowers the $600 to a non material amount. Of course if they did not due the sales property (i.e. fall out of the transfer pricing regulations) they can have some trouble. The only ones who understand the transfer pricing rules are the lawyers who wrote them (while they left public practice to work @ the Treasury).

To: Johnny Canuck who wrote (40743)	2/24/2004 6:04:26 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69172

H&R Block Q3 profit dips but tops targets (HRB) by Shawn Langlois SAN FRANCISCO (CBS.MW) -- H&R Block late Tuesday posted third-quarter earnings of $106.7 million, or 59 cents a share, on revenue of $977.2 million. The accounting services firm posted a profit of $132.2 million, or 73 cents a share, a year earlier. Analysts polled by Thomson First Call expected a profit of 45 cents a share. The company said it's experiencing a "good, but not great" tax season. Shares of H&R Block (HRB) closed down 45 cents at $58.50