|
Please read
carefully our disclaimer before using this message board !
| Post Reply | Read Follow Ups |
Main Index | Download ShareExpress Portfolio Manager |
Message subject : US Market Preview For Thursday
This message was posted by max34 on April 27, 2000 :
Dot coms.......some good news========================================================= Market Preview For Thursday ========================================================= After Wednesday's close, InfoSpace [INSP], which provides infrastructure for Web sites and wireless devices, reported first-quarter earnings of $0.01 per share, compared with a loss of $0.03 during the same period last year. Analysts polled by First Call expected a loss of $0.06 a share. Revenues climbed 260% to $19 million from $5.26 million. InfoSpace was higher in after-hours trading. The employment cost index and GDP data for the first-quarter will be released on Thursday, which might give investors a clue as to the Fed's next move. The employment cost index is expected to rise 0.9%, while the GDP is expected to rise 6%. Strong-than-expected results could prompt a sell off similar to the one caused by the March CPI data released two weeks ago. Other Factors Affecting Stocks After the bell, Amazon.com's [AMZN] CFO said the company should see "strong" growth in its second quarter, driven by a profitable US book, music and video operation and fast expansion in European markets. Amazon reported a first-quarter loss of $0.35 a share, $0.01 less than analysts expected. Digital Microwave [DMIC] after Wednesday's close reported fourth-quarter earnings of $0.10 per share, compared with a loss of $0.04 during the same quarter last year. Analysts polled by First Call expected $0.08 a share. After Wednesday's close, BroadVision [BVSN], a leading worldwide supplier of personalized e-business applications, reported first-quarter earnings of $0.04 per share, compared with $0.01 during the same period last year. Analysts expected $0.02 a share. Multimedia software maker S3 [SIII] late Wednesday said its board approved the buyback of up to 4.5 million shares, which amounts to about 5% of the company's outstanding common stock. After the bell, Powerwave Technologies [PWAV] announced that its shareholders approved a 3-for-1 stock split. Intel [INTC] holds a meeting with analysts in New York on Thursday. Fed Chairman Alan Greenspan speaks via videolink on the Economy of Rural America at a conference in Kansas City. The European Central Bank meets and could raise interest rates. Pfizer [PFE], USX [X] and Warner Lambert [WLA] are among the companies holding an annual shareholder meeting on Thursday. Shares of Cognos [COGN] are expected to split 2-for-1 based on Thursday's closing price. Word On The Street "My sense is we're closer to the end of the correction than the beginning," says Thomas Madden of Federated Investors, "and there are lot of opportunities here."
Warning: at times comments aimed at manipulating other investors may appear on these message boards. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. While every effort is made by the moderators to remove these, some may still appear on these boards. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.
Before acting on any of the information you read and making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional investment experts.
Follow Ups:
Post a Followup
You are viewing a page out of the ShareExpress2000 web site
(c) Click2.com Pty Ltd Australia
|