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 (25441)	4/19/1999 4:04:00 PM
From: Jerry Olson	Read Replies (5) \| Respond to of 50167

Well IKE we Bulls took a bath today...carnage panic selling... my broker called me to say, people were selling "at all cost"...at least that's a very good sign... now all the papers will come out with headlines Crash! Crash!!! it sure felt like it today...from up 270 to down 86, thats 350ish!!! some reversal....bonds up big!!!!!!rates coming down again... th fund magrs were selling everything...i sat on my hands, and will wait for tomr morning...just to see if we get a major follow thru to the down side...to pick up some beaten up/down stocks...

To: IQBAL LATIF who wrote (25441)	4/19/1999 7:12:00 PM
From: steve susko	Read Replies (1) \| Respond to of 50167

Look like it was a false break of 1342 early today to 1350. Later it try and failed at 1342 and then wham.... big 50 points drop on the s and p. what do you make of this big drop today? do you think it has permanent damage to the up trend?

To: IQBAL LATIF who wrote (25441)	4/19/1999 10:25:00 PM
From: LABMAN	Read Replies (1) \| Respond to of 50167

iqbal Msft Earnings may increase by 28% Search • Feedback Front Page • Market Data • Portfolios • Mutual Funds • Personal Finance • Discussion News Index Columns Headlines Discussion Enter Symbol: Symbol Lookup Quote News New! Chart Messages New! Broker Research Fundamental Earnings Fund Profiles SEC Filings Stock Snapshot Co. Capsule Annual Reports INVESTools DSP/DRIP New! Portfolios Tool Descriptions Other Services Baseline Reports Signal Online CBSMW Live Also on CBS MarketWatch Industry indexes News Index NewsWatch Earnings Surprises StockWatch New Features Active Trader Beyond Stocks CyberPitch e-Gads! Futures News How To Spend It Business Travel Special Reports Technical Trading Microsoft earnings seen rising by 28% Software giant to release third-quarter results Tuesday By Brenon Daly, CBS MarketWatch Last Update: 6:09 PM ET Apr 19, 1999 Also: Tech Report NEW YORK (CBS.MW) -- Microsoft is expected to report Tuesday that fiscal-third-quarter earnings rose more than 25 percent, which may give some direction to the battered tech sector. Analysts surveyed by First Call expect Microsoft (msft: news, msgs) to post earnings of 32 cents per share. The 28 percent increase is expected to be paced by continuing strong sales of Office 97. "People are going to be focusing on what impact the other tech events will have," said Everen Securities analyst Tom Hensel. He rates the company an "outperform" and thinks the company will earn 32 cents per share on sales of $4.33 billion. The report by the software giant comes against the backdrop of disappointing earnings from Compaq -- the world's largest computer maker -- and lower-than-expected sales at Intel. Shares of Microsoft closed Monday down 5 5/8 to 81 and have dropped 15 percent so far this month. The decline came on a day that saw the tech-heavy Nasdaq slide to its second-worst point decline. See Market Snapshot. Microsoft's chief financial officer, Greg Maffei, said last month that he expected sales to hit $4.2 billion. That would be an 11 percent increase for the company. PaineWebber analyst Don Young said in a research note that he didn't expect reports of slowing PC sales to crimp Microsoft's performance. He pointed out that Microsoft gets about one-third of its revenue from sales to PC makers. Young projected that sales to PC makers would increase 15 percent in the third quarter. Microsoft is keying up two major products for release. In mid-June, the company is expected to roll out Office 2000, while the debut of Windows 2000 is slated for release before the end of the year. "Microsoft is putting a big emphasis on Windows 2000," Everen's Hensel said. "They're lining up everything to capture other parts of business, but it's all centered on Windows 2000." The Justice Department's historic antitrust case against Microsoft is currently in recess and is expected to resume next month. "It doesn't seem that it'll be a clear win for either side," said Hensel in reference to that case. Brenon Daly is an online reporter for CBS MarketWatch. For more breaking news, visit our Front Page. Also, search our news archives: Ticker Keyword (For more options use our Advanced Search) CBSMW MarketPlace • Want the best mortgage rate around? Check out our loan center New! • Best Flower and Online Gift Shop: JustFlowers.com • Discover all kinds of fun, innovative gifts @ sharperimage.com • MarketWatch MarketPlace: Click to shop for great deals. Free Products/Trials • FREE 2 week AUDIO subscription to The Wall Street Journal! New! • Check out Baseline's free Company Report of the week. • Free trial subscriptions to investment newsletters. • Free annual reports for hundreds of companies. News Front Page • News Index • Headlines • NewsGuide • Search • Newsroom Staff Data & Tools Market Data • Market Monitor • Charting • Portfolios • Discussion • Trading Center Topics Mutual Funds • Personal Finance Company Company Information • Advertising • Media Kit • Feedback • Jobs Services MarketWatch RT • MarketWatch Live © 1997-1999 MarketWatch.com, Inc. All rights reserved. Disclaimer. CBS and the CBS "eye device" are registered trademarks of CBS Inc. lm