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Enron Mail |
======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Wednesday, October 17, 2001 benjamin.rogers@enron.com ================================================================= IN THIS ISSUE --------------------- - TOP STORY: AOL's Pleasant Surprise http://www.fool.com/m.asp?i=519457 - NEWS TO GO: Intel, IBM, and Citigroup http://www.fool.com/m.asp?i=519458 - POST OF THE DAY: AMD - More Hammer Details http://www.fool.com/m.asp?i=519459 ================================================================= SPONSORED BY: ShareBuilder Buy stocks for just $3! Make dollar-based investments in the stocks and index shares you choose for just $3 per transaction. Or, pay $8 per month for unlimited stock buys. http://www.lnksrv.com/m.asp?i=519460 "Money is something you got to make in case you don't die." -- Max Asnas ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- AOL'S PLEASANT SURPRISE Media giant AOL Time Warner (NYSE: AOL), who brought America extensive commercial-free coverage of September 11, reported its third-quarter earnings today, and they weren't the disaster everyone expected. Revenue hit $9.32 billion, 6.4% ahead of last year's pro forma $8.76 billion. Analysts had been expecting $9.14 billion, following AOL's warning on September 25 that revenue would only grow 5-7%. <<FULL STORY: http://www.fool.com/m.asp?i=519461 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- Who says October is bad for stocks? Earnings releases from tech bellwethers Intel (Nasdaq: INTC) and IBM (NYSE: IBM) are expected to lead the markets higher today. Chip manufacturer Intel last night reported that third-quarter revenue dropped 25% and net income dropped 96%. However, earnings met Wall Street's estimates of $0.10 a share. IBM did Intel one better by beating the Streets expectations by a penny. Like Intel, IBM's third-quarter revenue and earnings were also down, but by just 6% and 19%, respectively. Earnings season is in full swing again. (Have you bought earnings seasons gifts for your loved ones yet? Time is running out!) Here's a rundown of some of the other major companies and how they fared: --International Paper (NYSE: IP) handily topped estimates of $0.05 per share, reporting earnings of $0.14. That reflects earnings for the third quarter of 2001 of $68 million, compared to $260 million a year ago. --Pfizer (NYSE: PFE) reported third-quarter earnings of $0.34 per share, a penny ahead of analyst estimates. The company expects double-digit revenue growth in 2002. --Ford (NYSE: F), the world's No. 2 automaker, lost as much as analysts were expecting. Not counting charges and gains, the company lost $0.28 per share, compared to a profit of $0.50 in the year-ago period. Revenue was down 9% over the past 12 months. --Citigroup (NYSE: C) met its lowered expectations, earning $0.63 per share, compared with a gain of $0.68 a year ago. The company expects its next quarter's earnings to grow by 15%. --Data storage company EMC (NYSE: EMC) reported its first loss in some 12 years, losing nearly a billion dollars in the third quarter, compared to a half-billion-dollar gain a year ago. ----------------------------------------------------------------- POST OF THE DAY ----------------------------------------------------------------- AMD - MORE HAMMER DETAILS "I know it sounds ridiculous, but here is the bind that Intel is in. If vendors see a strong consumer preference for Tualatin over the Willamette, the Pentium 4 will be seen as a failure. If the supply chain sees the Pentium 4 as a failure they won't rush--heck they won't even crawl--to support the socket 478 platform, in particular the SDRAM and DDR versions of Brookdale. Once Northwood is shipping in quantity, and Intel has enough 0.13 micron fab capacity, then Intel can afford to hype Tualatin. But that point is six months to a year away." <<FULL POST: http://www.fool.com/m.asp?i=519462 ================================================================= SPONSORED BY: ShareBuilder Buy stocks for just $3! Make dollar-based investments in the stocks and index shares you choose for just $3 per transaction. Or, pay $8 per month for unlimited stock buys. http://www.lnksrv.com/m.asp?i=519463 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=519464 My Discussion Boards: http://www.fool.com/m.asp?i=519465 WANNA TAKE THE SHORTCUT? Check out our new Crash Courses, the fastest way to get your finances in order. Get results in less than an hour, for just $10. Try one today! http://www.fool.com/m.asp?i=519466 PERKS FOR FOOLS ONLY Get free stuff and special offers, just for you! http://www.fool.com/m.asp?i=519467 CUSTOMER SERVICE Ask our staff for help with email delivery problems. http://www.fool.com/m.asp?i=519468 UNSUBSCRIBE Here's how to unsubscribe or change your settings. http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers@enron.com _________________________________________________________________ Copyright © 1995-2001 The Motley Fool. All rights reserved. Legal Information: http://www.fool.com/m.asp?i=519469 MsgId: msg-23507-2001-10-17_9-42-31-3495109_2_Plain_MessageAddress.msg-09:43:10(10-17-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: benjamin.rogers@enron.com
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