Monday, August 28, 2006

Monday After Hours Review

The market was up very decently today. But the problem is lack of volume. The low volume trading day is expected because of the end of August. The volume support trend won't be seen until after Labor day. Watch out the two meaning earning report from two former well known companies: (ADCT) and (NOVL). Why would anybody wants to buy earning decreasing companies?

Tomorrow's Expected Earnings
Company (Symbol) Expected Last Year
ADC Telecommunications (ADCT) $0.24 $0.29
Novell (NOVL) $0.01 $0.03

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