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The pessimistic guidance indicated that like the world's largest computer maker, I.B.M., which reported disappointing first-quarter results on Wednesday, Microsoft is having trouble escaping a dismal corporate business environment.
Today, Qwest emphasized its Bell-ness by posting quarterly results that read just like those of the other three Bells: tepid earnings, lower revenue, pessimistic guidance.
However, in a possibly bullish development, several Lattice executives exercised options to buy tens and hundreds of thousands of shares the day after the company announced pessimistic guidance for the third quarter last week.
Similar(55)
At an average of 75 cents per share, analysts' estimates for GM's 2005 earnings are more pessimistic than the low-end of the company's guidance.
"That's much more pessimistic than normal," said Mr. Harrison, who added that the third quarter of 2001 was the last time that earnings guidance leaned so heavily to the downside.
That looks unduly pessimistic.
St Augustine was pessimistic.
Globally, I'm pessimistic.
I'm more pessimistic.
Let's be pessimistic.
But scientists are pessimistic.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com