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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (18826)	7/6/1998 10:54:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 50167

IQBal, What is the strategy of trading through this up coming earnings season? Many solid companies are giving warnings and reporting quarter losses. MOT for example is expected to have a 0.04/shr loss reported tomorrow (first loss in 9 quarters) mainly blamed on the Asian flu from decrease in semiconductor sales in Asia. Other companies have similar stories. But the market seams to be going forward with a summer rally. What would you recommend to trade at this time? Internet stocks are soaring, but at 5 to 6 times earnings, they leave me feeling a bit nervous to jump in. Thanks for any input. CJ