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UPDATED: 06/06/02 5:00PM ET

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Week of June 3
Earnings and Betting
Featuring Eric Gillin and Chris Edmonds
Thursday, June 6
With Wall Street research, the market and the geopolitical landscape still in tumult, Happy Hour discusses the outlook for corporate earnings in the second quarter with Chuck Hill, director of research at Thomson Financial/First Call. Plus, Mike Tyson prepares to fight Lennox Lewis in Saturday's heavyweight championship bout. Hear how Barry Lieberman, general counsel of Las Vegas-based Coast Casinos, handicaps the fight. And, a toast to enforcing accounting laws and the weekly Markets Roundtable.

Click the button for audio: (45 min.)

A Toast to Keeping Companies in Line
Microsoft and the Securities and Exchange Commission just settled a dispute over the company's use of cash reserves to smooth out volatility in its earnings reports, which resulted in earnings misstatements. While the SEC said that Microsoft's actions didn't harm investors, keeping a keen eye on accounting irregularities, even innocuous ones, should be applauded.
(1 min.)

The Second-Quarter Outlook
Need some good news? The second-quarter earnings might bring some, says Chuck Hill, director of research at Thomson Financial/First Call. Join Hill as he tells Happy Hour which sectors could lead the economy out of its slump, how corporate disclosure hasn't improved despite government investigations and why Morgan Stanley's three-tiered ratings system hasn't changed the way stocks are ranked.
(15 min.)

The Big Weekend Gamble
Mike Tyson laces up gloves this weekend for a controversial championship bout with Lennox Lewis. Happy Hour got the inside scoop on how to bet on the fight from gambling guru Barry Lieberman, general counsel of Las Vegas-based Coast Casinos. Also get the latest news on War Emblem's chances of winning the Triple Crown, those unpredictable NHL playoffs and the Los Angeles Lakers' battle with the New Jersey Nets in the NBA finals.
(11 min.)

The Markets Roundtable
This week, investors watched their portfolios shrink. To find out how to invest in this market, Happy Hour chatted with Tony Dwyer, chief market strategist at Kirlin Securities, and Christopher Marinac, managing director of financial services research at Sun Trust Robinson Humphrey. Also, get tips on tech buys and banking stocks. Plus, reactions to Alan Greenspan's latest economic commentary.
(12 min.)

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