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.
More Quotes from Chuck Hill:
But for the following year, they have narrowed the loss and in some cases gone to profitability.Chuck Hill
I would have expected, even without FD, to see more preannouncements this quarter. Things are worse out there.
Chuck Hill
Right now is not the acid test. The bankingresearch conflict isn't there. But it will come back.
Chuck Hill
Intel is doing a good job with the tools they provide investors and analysts. They're not perfect, but they're darn close.
Chuck Hill
The critical question isn't are we having a lot of negative pre-announcements, but are we having more or less than normal.
Chuck Hill
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