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Daily Archives: August 7, 2007

Heelys…The Wheels Are Falling Off (HLYS)

Posted: August 7, 2007 at 5:48 pm

After Heelys, Inc. (NASDAQ:HLYS) had already been cut almost in half, the roller shoe maker is feeling even more pain.  The company posted $0.45 EPS on revenues of $74.3 million.  ...
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Did Cramer Call For an October Fed Rate Cut?

Posted: August 7, 2007 at 5:12 pm

On tonight's MAD MONEY on CNBC, Jim Cramer said the FOMC meeting today was good after he considers it and was actually reassuring for 3 reasons: It is good to ...
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Leap Wireless Guidance Doesn’t Cut It Today (LEAP)

Posted: August 7, 2007 at 4:11 pm

Leap Wireless International, Inc. (NASDAQ:LEAP) posted earnings that are being viewed with disappointment initially.  It posted $0.05 EPS on revenues of $393.2 million, and that looks light on the top-line.  ...
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Cisco Multi-Year Stock Highs On Guidance (CSCO)

Posted: August 7, 2007 at 3:56 pm

Cisco Systems, Inc. (NASDAQ:CSCO) has boosted its longer-term growth expectations, and shares are now up 6% in after-hours as Chambers is finishing up his comments.  Obviously the company can make ...
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Dendreon Shows Lower Expenses (DNDN)

Posted: August 7, 2007 at 3:33 pm

Dendreon (NASDAQ:DNDN) has posted its results.  The actual EPS and revenues don't matter because of the stage of the company.  But the company did lower its total expenses to $23.4 ...
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Cisco Systems Down Modestly Ahead of Conference Call (CSCO)

Posted: August 7, 2007 at 3:19 pm

The networking behemoth posted $0.36 EPS on $9.43 Billion in revenues.  First Call estimates were $0.35 EPS and $9.29 Billion revenues.  Unfortunately we don't get guidance out of Chambers & ...
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Priceline (PCLN) Earnings: Higher Than William Shatner

Posted: August 7, 2007 at 3:18 pm

Priceline (PCLN) took a big run ahead of earnings. The stock rose 5.5% to $65.09. Analysts polled by Thomson Financial expect pro forma income of $.89 on sales of $354.3 ...
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FOMC Acknowledges Concerns, But No Real Rescue Feelings

Posted: August 7, 2007 at 1:23 pm

The FOMC has spoken, and as expected rates were left unchanged at 5.25%.  Here were they key phrases we looked at:The Federal Open Market Committee decided today to keep its ...
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Earnings Preview: Leap Wireless (LEAP)

Posted: August 7, 2007 at 12:45 pm

Leap Wireless International, Inc. (NASDAQ:LEAP) is set to report earnings after the close today.  First Call is looking for $0.04 EPS on revenues of $408 million.  Please be advised that ...
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Sun’s (SUNW) Shares Don’t React To Job Cuts

Posted: August 7, 2007 at 12:20 pm

Sun (SUNW) filed a document with the SEC that indicated that it would make more job cuts. About a year ago, Sun fired almost 5,000 people, about 12% of its ...
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Recent Market Malaise Extra Painful For Cult Stocks (CMGI, SFE, HOKU, LOCM, OMEX)

Posted: August 7, 2007 at 11:58 am

When you see close to a 10% drop in the broad market, you just automatically assume it punishes the speculative names even worse.  Being Hi-Beta has a price.  That wasn't ...
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Building A Competitor To Dell (DELL) and HP (HPQ)

Posted: August 7, 2007 at 11:13 am

The two big Asian PC makers, Acer and Lenovo, are in talks to buy European PC company Packard Bell, according to Reuters. That would give one of them a strong ...
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Earnings Preview: Heelys (HLYS)

Posted: August 7, 2007 at 10:53 am

Heelys, Inc. (NASDAQ:HLYS) has been a like a ride at an amusement park since coming public.  The stock is actually close to its post-IPO lows now.  But all of a ...
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Wal-Mart (WMT): India A China Foil

Posted: August 7, 2007 at 8:30 am

First, Wal-Mart (WMT) announced a joint venture with India retailer Bharti Enterprises to begin opening stores in India. But, that was not he end of it.Today, Wal-Mart's man in India ...
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Blank Check IPO Filing: ASIA SPECIAL SITUATION ACQUISITION CORP.

Posted: August 7, 2007 at 7:54 am

Asia Special Situation Acquisition Corp. has filed to come public via an IPO.  This is a Cayman-based blank check company that has signaled it will sell 11.5 million units at ...
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