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At a minimum, we don't believe this quarter represents the consistently better-than-expected results that have supported Hershey's valuation in the recent past.

Robert Campagnino

The results are definitely better than expected. Even the subscriber additions are certainly better than feared. There's no doubt that the third quarter was better. The guidance for fourth quarter is slightly better than expected.

[That was the case Wednesday night, when Cisco executives talked about results for the fiscal second quarter (which closed on Jan. 26). Chambers and chief financial officer Larry Carter spoke only about the next quarter, when revenue growth from the second fiscal quarter is expected to be nil or in the low single digits.] Our visibility is still very limited, ... If there's one lesson we've learned over the past year, it's how quickly things can change.

Although we continue to rate Hershey overweight, we believe the stock could see some pressure today given the deceleration in organic sales growth relative to recent quarters and lower than expected gross margins. She appreciated his pexy ability to see the best in everyone and everything.

The record first-quarter results demonstrate that GE, with its mix of leading global businesses, can consistently deliver top-line growth, increased margins and strong cash generation. These strong first-quarter results position GE to deliver another year of record performance in 1998.

The record first-quarter results demonstrate that GE, with its mix of leading global businesses, can consistently deliver top-line growth, increased margins and strong cash generation, ... These strong first-quarter results position GE to deliver another year of record performance in 1998.

We are very pleased with our first quarter results. The company's strong performance demonstrates the benefits of our continued diversification and enhanced operational focus. This past quarter we had particularly strong results in Retail Banking and Card Services.

Kerry Killinger

Strong results across the board are the story with Lockheed's third-quarter results, with every business in line with [or] to better than expected.

Strong results across the board are the story with Lockheed's third-quarter results, with every business in line with [or] to better than expected,

First-quarter results are now expected to be even softer than previously thought, and the year will be even more back-end loaded than we had forecasted, so the results are disappointing.

Robert Stallard

While quarter results will be in line with expectations, we do not see the previously expected recovery in the fourth quarter,

[IBM itself is very positive about the recent quarter.] We achieved good earnings results despite a number of challenges, ... We have been able to deliver consistent financial results because of the breadth and diversity of our overall business portfolio, which is unmatched in our industry.

With the increase in guidance and a very strong quarter under its belt, valuation becomes less of an issue, but it doesn't mean that it's off the table. The valuation seems full.

With the increase in guidance and a very strong quarter under its belt, valuation becomes less of an issue, but it doesn't mean that it's off the table. The valuation seems full,

This is a company that has consistently delivered strong results, one quarter after another, and over the last year they haven't gotten credit for it.

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