Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
Thursday, July 27, 2006
More divergence ....................
Arris Group shares fall on second-quarter results (11:31 AM ET) SAN FRANCISCO (MarketWatch) Arris Group Inc. ( ARRS )shares were down 20% at $9.59 in mid-day trade Thursday after reporting second-quarter results late Wednesday. The Suwanee, Ga.-based provider of broadband local access networks reported earnings of $24.8 million, or 23 cents a share, up from $7.3 millon, or 8 cents a share, in the year-ago period. Excluding items, profit came in at 24 cents a share. Revenue rose to $220 million from $162.2 million. Analysts polled by Thomson First Call had forecast earnings of 23 cents a share on revenue of $214.9 million. The company expects third-quarter earnings of 20 cents to 24 cents ashare on revenue of $220 million to to $230 million. Analysts are looking for a per-share profit of 25 cents on revenue of $216.8 million.
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