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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (3717)	7/9/2008 2:45:15 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 6370

O2: iPhone 3G orders reached 13,000 per second macworld.com

To: Bill Wexler who wrote (3717)	7/21/2008 4:32:59 PM
From: RockyBalboa	Respond to of 6370

predictably, apple fell at the release to 157. I got lucky selling at nearly 167 and dumped also on the side bet, SNDK. SNDK quickly fell back when Apple indications weakened. Nice call!

To: Bill Wexler who wrote (3717)	7/21/2008 5:21:37 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

Apple's third-quarter earnings of $1.19 per share and revenue of $7.46 billion both easily surpassing consensus estimates. But the company's fiscal fourth-quarter guidance of $1.00 in EPS and revenue of $7.8 billion were well below expectations of $1.24 and $8.32 billion. And AmericanExpress: an ugly miss: For the period ended June 30, American Express reported net income of $653 million, or 56 cents per share, compared with $1.06 billion, or 88 cents per share, in the year-ago period. Analysts, on average, expected earnings of 83 cents per share on revenue of $7.6 billion, according to Thomson Financial. Revenue rose 8 percent to $7.48 billion from $6.94 billion in the second quarter of last year.

To: Bill Wexler who wrote (3717)	7/22/2008 9:21:21 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

Sandisks quarter was so ugly that it clearly points out how difficult it became to show a profit. The stock is further down to 14. Key Metrics for Second Quarter of 2008 Product revenue was $688 million, down 5% year-over-year. License and royalty revenue was $129 million, up 20% year-over-year. Total megabytes sold in the second quarter were a record and increased 120% year-over-year and 14% from the first quarter of 2008. Average price per megabyte sold declined 55% on a year-over-year basis and 15% sequentially. Average retail card capacity of 2.36 gigabytes increased 64% on a year-over-year basis and 15% sequentially. GAAP product gross margin was 3.3% compared to 16.2% in the second quarter of 2007. Non-GAAP product gross margin was 5.7% compared to 19.0% in the second quarter of 2007. Operating loss, on a GAAP basis, was ($101) million, or (12%) of revenue compared to GAAP operating income of $14 million, or 2% in the second quarter of 2007. Non-GAAP operating loss was ($57) million, or (7%) of revenue, compared to operating income of $74 million, or 9% of revenue, in the second quarter of 2007.