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Symantec Corporation Message Board

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  • tradingdna tradingdna Jul 22, 2003 3:55 PM Flag

    SYMC == ABSOLUTE TOILET STOCK

    It is a done deal.

    My view is simple: SYMC will lower revenue or EPS guidance for the next quarter. If I am right, you will admit that you are a 'COMPLETE MORON'. If I am wrong, I will do the same.

    You will regret for fighting against me. When I was long LOGI at $27 and short MVL at $19.81, everyone on those message boards called me an idiot. I guess most of those bashers have disappeared already.

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    • > My view is simple: SYMC will lower revenue or EPS guidance for the next quarter. If I am right, you will admit that you are a 'COMPLETE MORON'. If I am wrong, I will do the same.

      Missing one guess doesn't make anyone a moron.
      No need to be hard on yourself.

      SYMC only needs to reach 45.5 to trip off some MA-based buy signals, which will accelerate its climb rate to retest the 49.42 high set on June 20. (The AH trades have already passed 45.5 at the moment.) The retest last week of that high failed, for whatever reason. This time, with solid good new, it should succeed. BTW, tomorrow's unemployment number will not matter much for SYMC. Good number will add fuel to the fire. Bad number? Shrug it off (as a lagging indicator) because EDS and CA have also just reported and guided higher, so Thur & FRi will be days for SYMC. Long on.

    • Well, I never called you an idiot or a moron, but I did challenge you to think. Maybe it is the same in your eyes, but it is not as disparaging.

      So, if SYMC lowers revenue guidance OR lowers EPS guidance for the next quarter, I will admit to be wrong - complete moron if you prefer.

      If however SYMC does neither of these things, you will admit to being wrong - again, complete moron if you prefer.

      I'm not "fighting against" you, I am disagreeing with your assessment based on my own data. See you here tomorrow!

    • Howdy Tradingdna,

      I respect your right to have an opinion about the stock, but I must admit some skepticism about whether you will actually admit anything if the company doesn't do what you predict. The reason I have this skepticism is that other people have made the same pronouncements many times in the past and either queitly disapeared when they were proven wrong or claim that what they predict simply hasn't happened yet, but will. (Those usually pounce on the first day the stock drops three cents and yell 'I told you so! I told you so!').

      I look forward to seeing how this develops.

    • > My view is simple: SYMC will lower revenue or EPS guidance for the next quarter. If I am right, you will admit that you are a 'COMPLETE MORON'. If I am wrong, I will do the same.

      Symantec raised guidance. So, we await your post!

      -ss

 
SYMC
20.68-0.08(-0.39%)Apr 16 4:00 PMEDT

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