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B4 The Bell Tuezelday Sptember 28


thesun

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More from the Oil article..." I think you are going to see $60- @ Barrell before you see $40.-."..said T. Boone Pickens, who oversees more than one Billion $ in energy related hedge Funds in Dallas......"This is a market that is tighter than it was at the beginning of the 1973 oil crisis"...said Daniel Yergin, Chairman of Cambridge Energy Associates at a conference in Washington..."there is no margin for error"..."Everyone has to drive and heat their homes but lower income people will feel the most pain from higher gas and Heating Oil prices." said Jason Schenker an Economist at Wachovia Corp

brian4,

SU $32, +.94 NEW HIGH

 

GREAT CALL! :D

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Cypress Semi cuts Q3 outlook again

Chip maker says business remains slow in September

By Kabir Chibber, CBS MarketWatch

Last Update: 9:50 AM ET Sept. 28, 2004 

 

LONDON (CBS.MW) -- Cypress Semiconductor Corp. cut its third-quarter financial targets Tuesday morning for the second time this month due to broad-based weak sales for its communications chips.

 

Shares of the San Jose, Calif., company (CY: news, chart, profile) fell 1.8 percent to $8.73 in early trading. For the year, shares are down 60 percent.

 

Cypress Semiconductor now expects earnings of 2 to 4 cents a share and sales between $219 million and $221 million. Earnings excluding one-time charges are expected to be 3 to 5 cents a share.

 

The semiconductor firm cited "sustained weakness in turns across multiple markets" and said there was little business improvement during September. Turns are orders placed and fulfilled during the same quarter.

 

anal cysts had estimated earnings excluding charges of 13 cents a share on sales of $245 million, on average, according to Thomson First Call.

http://www.marketwatch.com/news/yhoo/story...763C8EE43C60%7D

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Reiterating a common theme on these Stoolie Boards...

Truths Worth Telling

 

"Rumsfeld was making this point this morning,'' Haldeman says. "To the ordinary guy, all this is a bunch of gobbledygook. But out of the gobbledygook comes a very clear thing: you can't trust the government; You can't believe what they say, and you can't rely on their judgement.  And the implicit infallibility of presidents, which has been an accepted thing in America, is badly hurt by this, because it shows that people do things the president wants to do even though it's wrong, and the president can be wrong."

 

http://www.nytimes.com/2004/09/28/opinion/28ellsberg.html?th

 

:ph34r:

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