Please read carefully our disclaimer before using  this message board !

| Post Reply | Read Follow Ups | Main Index | Download ShareExpress Portfolio Manager |

Message subject : Market Preview For Friday (USA)

This message was posted by Gail on May 18, 2000 :

=========================================================
Market Preview For Friday
=========================================================
Ciena [CIEN] after Thursday's close reported second-quarter earnings of
$0.12 per share, compared with a loss of $0.01 during the same period last
year. Analysts polled by First Call expected $0.10 a share. Ciena was
higher in after-hours trading. The company also announced that its third
and fourth quarter earnings should surpass estimates.

ADC Telecommunications [ADCT] late Thursday reported second-quarter
earnings of $0.29 per share, compared with $0.15 during the same quarter
last year. Analysts expected $0.26 a share. The company also announced that
its CEO would resign in the next year.

Other Factors Affecting Stocks
After Thursday's close, casino operator Mandalay Resort Group [MBG]
reported first-quarter earnings that beat Wall Street estimates by $0.18
per share.

Standard & Poor's late Thursday announced CommScope [CTV] will replace
Cordant Technologies [CDD] in the S&P MidCap 400 Index and ESS Technology
[ESST] will replace CommScope in the S&P SmallCap 600 Index.

Hanover Compressor [HC], a leader in outsourced compression services for
the natural gas industry, after Thursday's close announced a 2-for-1 stock
split.

Late Thursday, Playtex Products [PYX] warned that higher interest rates
would hurt its profit for 2000.

Aventis [AVE] holds a company-sponsored analyst meeting on Friday.

Comerica [CMA], JC Penney [JCP] and Federated Dept Stores [FD] are among
companies holding annual shareholder meetings on Friday.

Shares of Alcatel [ALA] are expected to split 5-for-1, Cox Radio [CXR]
3-for-1 and Ruby Tuesday [RI] 2-for-1 based on Friday's closing price.

Word On The Street
"I think the March correction has really wiped out a large number of
traders, day traders, short-term players in this market," says Gary
Kaminsky of Neuberger Berman. "I don't think they'll ever come back. But in
terms of asset allocation models, when we get to a point where people can
forecast the decline in rates, as opposed to the rise in rates, you'll see
asset allocation going to move back into equities."

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: