SI
SI
discoversearch

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.
Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Capitalist who wrote (4578)10/7/1998 11:41:00 AM
From: Sawtooth  Respond to of 21876
 
Seems to me that even good earnings isn't enough to get buyers to come in any significant amount in this market. Traders will play the earnings pop then bail but I think many investors are trying to gauge what's in store several quarters out. If earnings decline going out, so does the price. Add in tax selling ... .

On the positive side, lots of opportunity to set up a long-term position at excellent prices. Good time to be especially careful, though; IMO.



To: Capitalist who wrote (4578)10/7/1998 7:15:00 PM
From: Anonymous  Respond to of 21876
 
>>especially given Lucent's recent history of just squeaking past earnings estimates. <<

Let's look at the past three quarters..

12/97 Estimate: 76 cents Actual: 86 cents Diff: 13%
3/98 Estimate: 9 cents Actual: 14 cents Diff: 55%
6/98 Estimate: 27 cents Actual: 32 cents Diff: 19%

I wouldn't call that just squeaking past estimates...

And neither would I although the market didn't take kindly to that last quarter.

Anonymous


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News