On Tap Today: Dell, WorldCom Report Earnings; Ballmer Speaks
Wall Street's collective breath will be bated today ahead of earnings reports from
Dell
(DELL) - Get Dell Technologies Inc Class C Report
and
MCI WorldCom
(WCOM)
. Although the age of the true bellwether is pretty clearly over, strong numbers from major technology companies never hurt the long side of the market.
Elsewhere,
Microsoft
(MSFT) - Get Microsoft Corporation Report
CEO Steve Ballmer addresses the penultimate day of the
Goldman Sachs Technology Investment Symposium
, with
Amazon.com
(AMZN) - Get Amazon.com, Inc. Report
and others set to present.
TheStreet Recommends
Expected Earnings Reports
(
This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change. The full week's earnings calendar is published separately.
)
* Possibly reporting
Economic Data
(
Forecasts are from
Reuters
. Times are Eastern. For a longer-term economic calendar and more, see
TSC's
Economic Databank.
)
- 8:30 a.m.:Initial jobless claims for the week ended Feb. 5. Source:
Labor Department. Forecast: N/A. Previous: 274,000 (four-week average: 282,000).
Conferences and Meetings
Goldman Sachs Technology Investment Symposium
,
La Quinta Resort & Club
, La Quinta, Calif. Fourth of five days. Presenting today (times Eastern):
- 11 a.m.: Keynote session: An Internet panel with Goldman Sachs' Brad Koenig and representatives of
NetZero (NZRO) ,
priceline.com (PCLN) and
LookSmart (LOOK) .
Noon: Sterling Software (SSW) - Get Seaspan Corporation Report,
Silicon Graphics (SGI) ,
First Data (FDC) - Get First Data Corporation Class A Report,
LSI Logic (LSI) - Get Life Storage, Inc. Report.
12:40 p.m.: Amazon.com (AMZN) - Get Amazon.com, Inc. Report,
Lexmark (LXK) ,
Texas Instruments (TXN) - Get Texas Instruments Incorporated Report,
Modis Professional Services (MPS) .
1:30 p.m.: Project Software & Development (PSDI) ,
Cadence Design Systems (CDN) ,
MKS Instruments (MKSI) - Get MKS Instruments, Inc. Report,
Micron Technology (MU) - Get Micron Technology, Inc. Report.
2:15 p.m.: Computer Associates (CA) - Get CA, Inc. Report,
Read-Rite (RDRT) ,
Ceridian (CEN) - Get Center Coast Brookfield MLP & Energy Infrastructure Fund Report,
Motorola (MOT) .
3 p.m.: Keynote speaker:
Microsoft (MSFT) - Get Microsoft Corporation Report CEO Steve Ballmer.
4:30 p.m.: Microsoft,
Webvan (WBVN) ,
PRI Automation (PRIA) ,
Broadcomundefined.
5:10 p.m.: Check Point Software Technologies (CHKP) - Get Check Point Software Technologies Ltd. Report,
Storage Technology (STK) - Get Columbia Seligman Premium Technology Growth Fund Inc. Report,
Mastech (MAST) .
6 p.m.: Novell (NOVL) ,
Dassault Systemes (DASTY) ,
CMGI (CMGI) ,
Comverse Technology (CMVT) .
6:40 p.m.: Entrust Technologies (ENTU) ,
Ultratech Stepper (UTEK) ,
Organic (OGNC) ,
Excite@Home (ATHM) - Get Autohome Inc. Report.
7:20 p.m.: Hyperion Solutions (HYSL) ,
Yahoo! (YHOO) ,
West TeleServices (WTSC) ,
AllScripts (MDRX) - Get Allscripts Healthcare Solutions, Inc. Report.
8 p.m.: MatrixOne,
Internet Capital Group (ICGE) ,
Sabre (TSG) - Get Stars Group Inc Report,
Gilat Satellite Networks (GILTF) .
10 p.m.: Dinner speech: Novell CEO Eric Schmidt.
IPO Lockups Expiring
(TheStreet.com's
Ben Holmes, who heads
TSC's
ipoPros.com subsidiary, keeps a close eye on lockup expirations every week. For more on lockups and why they matter, check out Holmes' primer on the subject. The full week's lockup expiration calendar is published separately.
)
Lockup End | Deal Name | Symbol | Released | Outstanding | Lead Underwriter |
2/10/00 | Appnet Systems | (APNT:Nasdaq) | 15,000,000 | 32,497,027 | Credit Suisse First Boston |
2/10/00 | Hotjobs.com | (HOTJ:Nasdaq) | 17,875,000 | 30,848,419 | Deutsche Banc Alex. Brown |
Treasury Auctions
- 1:30 p.m.: The
Treasury Department announces the results of its 30-year bond auction, at which $10 billion of securities will be sold, with bids due at 1 p.m. The auction concludes the quarterly refunding.
