UBS sues Nasdaq over $357 million IPO loss
marketwatch.com79 pointsby cubicle37 comments
Isaac Asimov Died 1992
Gregory Benford Alive
Algis Budrys Died 2008
Gerald Feinberg Died 1992
Sheldon Glashow Alive
Frederik Pohl Alive
Jerry Pournelle Alive
Tim Powers Alive
Orson Scott Card Alive
Robert Silverberg Alive
Jack Williamson Died 2006
Gene Wolfe Alive
Dave Wolverton Alive
Roger Zelazny Died 1997
A lot more of them have survived to be embarrassed by their predictions than I had thought. Aluminum could maybe be made to handle .22lr type
pressures, but certainly not .223rem or bigger.
? For the quarter ended June 30, Microsoft reported a loss
of $492 million, or six cents a share, compared with a
year-earlier profit of $5.87 billion, or 69 cents a share.
Whelp, there you go. Analysts surveyed by FactSet Research estimate Microsoft MSFT +0.91% will
earn 62 cents a share on $18.2 billion in revenue, compared with a profit of
69 cents a share, on sales of $17.37 billion, in the same period a year ago.
[...]
At Citigroup, analyst Walter Pritchard said that even with the huge
writedown, he expects Microsoft to report results in line with expectations.
Still, Pritchard said, in a research note, that there are “many moving pieces
in the numbers” from Microsoft, and that the prospects for Windows 8 will be
a big driver of how investors treat Microsoft over the next year.
Microsoft shares rose 64 cents, or more than 2%, to $30.32 Wednesday, and the
stock is up by almost 17% since the start of the year.
I can't comment myself, due to lack of information. We'll all see in four hours.