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To: Sig who wrote (174756)4/27/2005 2:38:27 PM
From: William F. Wager, Jr.  Respond to of 176388
 
Lexmark International fell 11.05, or 14%, to 67.70. The printer maker posted earnings that missed Wall Street's views, hampered by weak demand and aggressive pricing. The news had repercussions for other stocks. Dow industrial Hewlett-Packard, also a big printer maker, lost 63 cents, or 3%, to 20.47. And Dell (Nasdaq), whose printers are made by Lexmark, dropped 1.19, or 3.2%, to 35.52.

from today's Wall St Journal

They all get painted with the same broad brush.

Best, Bill



To: Sig who wrote (174756)4/27/2005 10:39:16 PM
From: Patrick E.McDaniel  Read Replies (1) | Respond to of 176388
 
GDP report in the morning will be very interesting.

The market could get wild if it doesn't come in as expected.

If too hot the Fed will have to continue raising rates. If too cold the market will be happy the Fed will be will stop raising rates but worried the economy is slowing too fast.

Q1 GDP growth will now come in below 3% (consensus 3.5%)..

If GDP comes in right at 3.5% the market will be lost with no clear direction.

It could get wild!



To: Sig who wrote (174756)4/28/2005 10:50:10 AM
From: Patrick E.McDaniel  Read Replies (3) | Respond to of 176388
 
OK, I'm back in!

Shares at $35 and June 35, 37.5 Calls.

Mr. Softy reports tonight, let's hope for a pop.

:o)