Wednesday, February 04, 2004

Wednesday Watch

Earnings Announcements
Company/Estimate
ESST/.19
LIN/1.01
FLIR/.40
HET/.53
NEM/.31
OHP/1.07
NOC/1.10
PIXR/1.27
TDS/.47
CAKE/.30
UTEK/.10
TOM/.13

Economic Data
ISM Non-manufacturing estimated at 60 vs. 58 last month.
Factory Orders estimated at .2% vs. -1.4% last month

Market Movers
See After-Hours below
SINA exceeded earnings expectations....rebounding modestly after an 8% drop on SOHU release.
TRMB exceeded earnings expectations...announced 3-for-2 split and raised guidance.

Late-night News
Clark takes Oklahoma winning 30%.....Edwards 30%...Kerry 27%
Edwards wins South Carolina 45%...Kerry 30%
Kerry wins Delaware, Missouri, Arizona, North Dakota and New Mexico by a large margin.
Lieberman drops out.
Tradesports.com still projecting Bush/Kerry match-up with Bush having a 67% chance of being re-elected...down 3%.
Toyota, Nissan , Asian rivals take record US market share of 35.6%.
Asian markets are mixed....ranging from -1.5% to up 1.5%.
S&P 500 indicated -.4%
NASDAQ indicated -.71%

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