Profits? What profits?

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Profits? What profits?

机译：利润？什么利润？

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The announcements come as small explosions. Fear that Xerox's profits would be low cut the troubled copier company's valuation in half. Confirmation that they were indeed reduced cut it in half again. Technology companies such as Dell, Intel, Apple, IBM, banks such as Chase Manhattan and a host of other companies collectively had hundreds of billions of dollars wiped off their market capitalisation when they announced their results. Seemingly decent profits have been no defence. Citigroup and Merrill Lynch produced record profits. The market's verdict: sell.

机译：这些公告是小爆炸。由于担心施乐的利润会很低，这家陷入困境的复印机公司的估值降低了一半。确认它们确实减少了，再次减少了一半。在宣布业绩时，戴尔，英特尔，苹果，IBM等技术公司，大通曼哈顿银行等银行和其他许多公司的市值总计蒸发了数千亿美元。貌似可观的利润并不是防御。花旗集团和美林证券创造了创纪录的利润。市场的判断是：卖出。

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《The economist》 |2000年第8193期|p.85-86|共2页
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正文语种 eng
中图分类经济;各科经济学;
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Profits? What profits?

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