From: Investor's Business Daily<ibd@ibd1.investors.com>
To: david@coronariversidehomes.com
Received: Friday, May 22, 2009 02:11 AM
IBD Tech Report Newsletter
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In some ways we see a leveling off. But I can't be myopic to the view that certain big things might happen this summer. If GM goes into bankruptcy, for example, those types of events have derivative effects.
The computer products distributor said EPS shot up 46.5% to 63 cents, smashing views by 29 cents. Revenue grew 17.7% to $4.99 bil, above views. Tech Data (TECD) said better pricing of inventory in Europe helped offset a tougher pricing environment in the Americas. Its shares rose 10.4% to 32.50, the best since early Sept.
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