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Tomorrow Will Be Interesting
6/18/02 06:11 PM ET


I checked in after my meeting to find some wild afterhours action. Oracle (ORCL:Nasdaq), Apple (AAPL:Nasdaq) and Advanced Micro Devices (AMD:Nasdaq) all post warnings.

Intel (INTC:Nasdaq) says that it will take a $100 million charge due to exiting the Web-hosting business.

Tomorrow is setting up to be a very interesting test of this market's resilience. Is the rally that started Monday doomed to fail or is so much bad news already factored in that we can't go any lower? This will a great test of this market's ability to shake off bad news.

Get a good night's sleep; it should be a busy day tomorrow.


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