Discussion in 'Stocks' started by Arnie, Oct 13, 2009.
4th Qtr guidance is very strong.....gross margins over 60%!!!
Yep tech is in full rally mode at the moment, 75% of companies will beat this quarter based on job cutting and reduced costs alone, remember companies can only cut so much.
did cost cutting cause a big revenue beat? take off the blinders.
I just bought an INTC chip for the first time in 30 years.
Tells you all you needed to know.
NQ closed at 1724.
Bids sitting at 1740 as I type
how long is the trading halt for?
By tomorrow morning it will be sitting north of 1750, probably 1800 after google reports. Still decades away from 5000+ though.
From 4:15 until 4:30.
Don't open the champagne yet, revenue dropped 8% y/y and it's trading at 2007 levels at the moment. Seems the analysts were underreacting for 2008 and are now compensating with overreaction (doomsday expectations).
how come P/E is 48?
That seems high.
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