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  • dutchboyinvestor dutchboyinvestor Mar 13, 2011 3:48 AM Flag


    Performance is actually making a difference in the stock price. Arguably 2, 3, and 4th quarters in 2010 were all misses of different sorts. Mostly bottom line misses although I think most expected a substantial beat on the top side in 4Q10, and didn't get it. 1Q11 is going to miss on the top. They forecasted $9B-$10B on the top. I predict $8.3B top but they'll make 63 cents. But the top side miss will have a bigger psychological impact on stock price. Reason for top side miss will be largely attributed to international component and slow down in general merchandise category domestically.

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