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.

Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?

To: Tealby Abbey who wrote (1462)	7/30/1998 9:26:00 AM
From: myonus	Read Replies (1) \| Respond to of 2346

JD failed to mention quite a few stocks last night. Pmrx for example. Some have questioned why he is so slow or never advises selling. Ever wonder what would happen to a stock price if he did? I suppose when a stock tanks and he just never mentions it again, you are on your on to figure out what to do. CPPKY...

To: Tealby Abbey who wrote (1462)	7/30/1998 9:40:00 AM
From: DWB	Read Replies (1) \| Respond to of 2346

re: STD From the online WSJ: "Meanwhile, banking shares are up after Banco de Santander wrapped up Spanish banks' first half earnings season earlier Thursday. Santander posted a first half net profit of 81.97 billion pesetas, up 37% from the same period in 1997. Santander shares gained 80 pesetas to 4,155 pesetas." Consensus estimates were for only 32% growth, and 79 billion profit. I'd say STD still is on a role, and in no way ahead of itself at the moment... re: ESF Also from the online WSJ: LISBON -- Banco Espirito Santo SA (E.BSC) said a slowing fall in margins, higher sales of financial products and reduced rise in costs helped boost consolidated net profit 28.4% to PTE19.6 billion in the first half compared with PTE15.22 billion in the same period in 1997. In a statement, BES said the profitability growth was helped by the fast-growing Portuguese economy, by increased efficiency gains and cross-selling, and by profits from market activity including privatizations and flotations. "As expected, the favorable market conditions of the first quarter didn't continue in May and June, though because of the diversification into international operations there was still some gain from capital market activity," BES said. "We continue to think the importance of these types of operations will continue to decline in the rest of the year and may contribute to a more moderate profit growth for the full year." BES said its annualized return on equity for the period was 26.4%, and added that its cost-to-income ratio fell to 52% in the period from 55% in first-half 1997. "Productivity ratios improved as a result of a combined effort of rationalization and growth of business," BES said. DWB