Chuck Hill
Chuck Hill
extremely good
You are going to have extremely good results.
bit despite earnings fourth good growth highest less match negative peak percent pessimism quarter running seen since time
Overall, the quarter is going to be excellent. We think it will match the 23.6 percent earnings growth for the first quarter, which was the highest we'd seen since back in the fourth quarter of 1993. It's going to be a very good quarter for earnings despite all the pessimism here during the peak time of pre-announcements. But pre-announcements are running a little bit less negative than they usually do so I think it's a bit of an over-reaction.
brings good people somewhat
We'll probably get somewhat of an overreaction to the pre-announcements but that will be good because it brings people back to reality.
companies good next week
We got a lot of companies this week, but it wasn't a good cross-section of industries. Next week is a much better cross-section. But so far, so good.
bad good news slope somewhat worries
The good news is that the recovery's in sight. The bad news is that there's a lot of uncertainty about what the slope of the recovery's going to look like and worries that it'll be somewhat disappointing.
darn good intel investors job provide tools
Intel is doing a good job with the tools they provide investors and analysts. They're not perfect, but they're darn close.
access entities good group individual means research
I don't see how this means the individual is going to have access to good research. We don't know what entities are going to be in this group of independents.
good
It's going to be an exceptionally good quarter.
cross filling good next section specific week
The important thing about next week is not the specific companies. By the end of the week we'll have a pretty good cross section of everything but retailing. It's kind of filling in the blanks.
beat definitely earnings fourth further maybe negative prospects somewhere
I think we'll probably end up somewhere around negative 4 or negative 5 percent. Some will probably beat expectations, but not many. Down earnings is definitely in the cards, and the prospects of maybe even down earnings further in the fourth quarter.
pain
I think there'll be more pain and suffering.
earnings growth heading market stock
We really thought growth would taper off heading into 2000 and it hasn't. It isn't going to be earnings that prick the stock market bubble.
beginning bit confession disturbing early expect higher negative normal normally number running somewhat
Well, it's still the beginning of the so-called confession season, but it is a little disturbing in that we're running somewhat higher than the normal number of pre-announcements that we would expect this early. And we're running a little bit more negative than we normally do at this early stage.
peak takes weeks worse
It always takes a toll. These are the peak weeks for warnings and it's going to be worse than normal, but we probably need a little of that.