To: A. Reader who wrote (587 ) 4/29/1998 7:07:00 PM From: Wizzer Read Replies (1) | Respond to of 1094
Sorry I should printed the whole story;Special Report: First Quarter Earnings For the Computer Industry Updated 04.24.98 While Compaq and Intel didn't exactly rake it in like they have in the past, their less-than-stellar financial reports this quarter didn't signify as much as they may have in the past either. The market had already absorbed the soft-earnings news based on the companies' early forecasts. What's more, the market itself has gotten so complex that "it's impossible to make any substantive generalizations about technology stocks even when a bellwether like Intel has a bad quarter," said Dan Scovel, an analyst at Fahnestock & Co. For a roundup of earnings reports, see: - Shiva shares edge up following Q1 revenue rise. - Symantec, on a roll, aims to keep mobile users current Sybase shares fall after poor first quarter. - Infoseek's first-quarter loss smaller than expected WorldCom earns $93M in first quarter. - Microsoft beats Q3 expectations; warns of slower sales ahead. - Gateway beats the Street, changes name. - Lucent surges on strength of Q2 earnings. - Silicon Graphics' third-quarter loss in line with expectations. - SAP's first-quarter rises on Y2K, euro sales. - IBM beats Street, but questions remain; IBM said PC pricing held down earnings Sun slips ahead of earnings report. - Bay Networks falls flat in third quarter. - Apple stuns Wall Street with $55M profit. - Digital Q3 income easily beats the Street. - TI meets Q1 estimates. - Intel hits its numbers, will cut 3,000 jobs. - Compaq hits numbers, but profits plummet. No quick fix in store for Compaq. - Unisys beats Wall Street expectations. - Yahoo! beats the Street -- again. - AMD vows to match -- and beat -- Intel prices. - Corel drops $21M in first quarter. - Strong server sales fuel Oracle's third quarter. - Novell beats Q1 estimates. Novell cites evidence of turnaround. - Dell cruises through fourth quarter; in interview, Dell CEO rips rivals Dell shares hit new high. - HP misses Q1 numbers. Forecasts: - CA projects record earnings as stock hits record high. - Intel's Barrett forecasts strong second-half sales. Intel scales back projections for Q1. Techs slump after Intel drops earnings bombshell. - SGI warns of third-quarter loss; charts new business course. - Security Dynamics' stock plunges on word of shortfall. - Compaq's brass faces its biggest test in years. - Micron Electronics warns of Q2 loss. - Quarterdeck predicts Q2 loss. zdnet.com