ist leider kein Fehler,Ihr müsst unbedingt den Kurs vor der Bekanntgabe des Reports beobachten!wenn er fällt nix wie raus!Das gibt heute sowieso noch was in USA mit den gefallenen IBM.Der Nasdaq Future ist auf minus 20,aber der Dow wird heute unter 10000 fallen!Wo ist denn da die nächste Widerstandslinie?Allgemein ist Furcht am Markt,dass die Gewinne nächstes Jahr fallen und IBM war immer sowas wie ein Stimmungsbarometer.Geht es IBM schlecht,geht es auch dem Dow nicht gut.Ich glaube ja auch,dass es demnächst endlich mal Schluss ist mit den Negativnachrichten,aber momentan ist der Euro am Fallen und Öl steigt wieder 33,77/barrel cbs.marketwatch.com/news/current/...rs.htx?source=htx/http2_mw
Copper Mountain chopped in half
By Chris Kraeuter, CBS.MarketWatch.com
Last Update: 6:50 PM ET Oct 17, 2000 NewsWatch
Latest headlines
NEW YORK (CBS.MW) - Copper Mountain investors bailed out during Tuesday's after-hours session after the DSL company warned that fourth quarter financial results will be much worse than expected due to weakness among its client base of local phone carriers.
Also, IBM shares fell 13 percent and Intel shares edged higher on earnings-related announcements. I2 Technologies and Xircom also released quarterly financial results after the closing bell.
Copper Mountain (CMTN: news, msgs) shares fell $14.62 to $12.26 on Island ECN after closing down $3.75 to $26.88.
Copper Mountain, a digital subscriber line company, said it expects earnings of 4 cents to 6 cents per share on revenue of about $60 million.
Analysts surveyed by First Call currently expect earnings of 28 cents per share, on average. Two analysts surveyed by First Call expected revenue of $102 million.
According to a company statement, this weakness is expected to continue during 2001.
Copper Mountain expects 2001 net income of 16 cents to 25 cents per share on revenue of between $300 million to $330 million.
Analysts surveyed by First Call currently expect earnings of $1.37 per share, on average.
Also, Copper Management reorganized its sales organization.
The DSL provider did have good news for the third quarter, posting earnings of 27 cents, a penny better than the consensus estimate, on revenues of $93 million. Last year, the company earned 9 cents on revenue of $32 million during the comparable period.
IBM (IBM: news, msgs) shares fell 13 percent after the company reported net income in line with the consensus Wall Street estimate, but revenue below the consensus estimate.
IBM shares fell $13 to $100 in third-market trading after closing up $1.88 to $113.
IBM reported third-quarter net income of $2 billion, or $1.08 per share, compared with $1.7 billion, or 90 cents per share, during the same quarter last year.
Analysts surveyed by First Call expected earnings of $1.08, on average.
Revenue was $21.8 billion compared with $21.1 billion during the same quarter one year ago.
Analysts surveyed by First Call expected revenue of $22.4 billion, on average.
Intel shares rose 1 percent after the company beat both earnings and revenue expectations during its third quarter.
Intel (INTC: news, msgs) shares rose 38 cents to $36.56 on Island ECN after closing up 50 cents to $36.19.
Intel reported third-quarter net income of $2.9 billion, or 41 cents per share, compared with $1.45 billion, or 27 cents per share, during the same quarter last year.
Analysts surveyed by First Call expected earnings of 38 cents per share, on average.
Revenue was $8.73 billion compared with $7.33 billion during the same quarter last year.
Analysts surveyed by First Call expected revenue of $8.63 billion, on average.
I2 Technologies (ITWO: news, msgs) said third-quarter net income was $28.8 million, or 12 cents per share, compared with $10 million, or 6 cents per share, during the same quarter last year.
Analysts surveyed by First Call expected earnings of 10 cents per share.
Revenue was $319.5 million compared with $146.3 million during the same quarter last year.
Also, I2 declared a 2-for-1 split, payable on Dec. 4 to shareholders of record on Nov. 28.
I2 shares rose $6.56 to $173.50 on Island after closing down $4 to $180.06.
Xircom (XIRC: news, msgs) reported fourth-quarter net income of $12.2 million, or
