Following a three-week deluge of major earnings reports, investors next week will have one eye on a handful of quarterly results and the other on the Federal Reserve Board ahead of its policy meeting later this month.
Also, JPMorgan H&Q will host its technology conference in San Francisco. Leading companies from the eBusiness, eFinance, Internet media, communications and semiconductor industries will make presentations.
On Friday, the conference will focus exclusively on Asian technology companies.
"This conference has always been the place to see and be seen for the technology community" Todd Bakar, director of North America equity research, said in a prepared release.
On the earnings front, several small and mid-sized technology companies will deliver their quarterly results next week. This include Ingram Micro, Macromedia, Cirrus Logic and Compuware.
Other events scheduled this week:
Monday, April 30
- JP Morgan H&Q will host its annual technology conference at the Westin Hotel in San Francisco, April 30-May 4. The event is for executives and analysts and features presentations by major technology companies like BroadVision, Akamai, Intuit, Dell Computer, Ericsson, Qwest, Inktomi and Yahoo. The final day will focus exclusively on Asian technology companies.
- Intranets 2001 will take place at the Santa Clara Convention Center, in Santa Clara, Calif., April 30-May 2. The conference is for people interested in learning about restricted access networks, or intranets. Keynote speakers include Jakob Nielsen, Principal, Nielsen Norman Group.
- ElectroniCast will host Fiber Optics for the Next Decade conference in Monterey, Calif., April 30-May 2. The conference will focus on trends in the optical components market and include speeches by representative from Siemens, Nortel Networks and Texas Instruments.
- The All-Optical Networks Comforum will take place at the Renaissance Resort in Orlando Fla., April 30-May 2. The event is designed to help executives and senior decision
makers at communications service provider companies understand
the potential and implications of optical networks.
- Red Herring will host the Venture 2001 at the Squaw Creek Resort in Lake Tahoe, Calif., April 29-May 1. The conference will focus primarily on management issues within private companies. Keynote speakers include Bill Walsh, general manager and former coach of the San Francisco 49ers.
- Cahners InStat Group will hold its Access to Intelligence Forum 2001 at the Pointe Hilton Tapatio Cliffs in Phoenix, Ariz., April 29-May 2. The conference will address issues affecting the communications semiconductor industry. Keynote speakers include Brian Halla, CEO of National Semiconductor and Greg Williams, CEO of Intersil.
- Intermedia Group and META Group will hold the Strategic IT Staffing Conference in Chicago, April 30-May 1. The event will address the problem of labor shortages in the technology industry and ways to rectify it.
Tuesday, May 1
- Apple has called a May 1 press event in Cupertino with CEO Steve Jobs to make some "exciting" announcements, which industry watchers expect to be about new iBooks and/or details on the company's plans for its own retail outlets.
- Both sides head back to court on Tuesday for oral arguments in the appeals phase of the DeCSS case. 2600 Magazine, which was sued last year by the movie industry, is hoping the appeals court will overturn a lower court ruling prohibiting it from linking to or posting DeCSS, code that cracks DVD encryption.
- The United Wireless Communications Consortium will hold its Global Summit 2001 conference at the Peabody Hotel in Orlando, Fla., May 1-May 3. The event provides a forum for companies to discuss standardization issues in the wireless industry.
- The eCRM for Financial Services conference will occur in Scottsdale, Ariz., May 1-2. The event is for executives in the financial industry who want to learn how to reach customers through the Internet. Companies like IBM, Citibank, and Wells Fargo will make presentations.
- The In-Building & Wireless Office Solutions conference will take place in Dallas, Texas, May 1-3. The program is for executives who want to learn about wireless communications technology options for offices.
Wednesday, May 2
- Paul Kagan Associates will kick off its Wireless Telecom Summit at the Park Lane Hotel in New York City, May 2-3. The conference will key in on business opportunities within the wireless communications market and features speeches from representatives of U.S. Cellular, Cingular Wireless and Ericsson.
- @d:tech will take place at the Los Angles Convention Center, May 2-4. The conference is for dot-com executives and analysts and will address events in the Internet advertising industry. Keynote speakers include Richy Glassberg, CEO of Phase2Media; Tim Connolly, vice president of Mobile Internet Solutions at Ericsson; and Shelby Bonnie, CEO of CNET Networks, the publisher of News.com.
- SG Cowen Securities will host Broadband & Satellite Services Conference at the Park Plaza Hotel in New York City on May 2. Keynote speakers include former U.S. Vice President Al Gore along with presentations from Hughes Electronics, Loral Space & Communications and Level 3 Communications.
- The Securing Global eBusiness seminar lands in San Francisco on May 2 at the Hotel Nikko. Representatives from KPMG will discuss today's top security issues and offer an analysis of secure, policy-based information management. The seminar will also take place in San Jose on May 1, and Newport Beach, Calif., on April 30.
Thursday, May 3
- The American Association for the Advancement of Science will host its annual Colloquium on Science and Technology Policy at the Omni Shoreham Hotel in Washington D.C., May 3-4. The event provides a forum in which federal and industrial policy-makers and members of the scientific, engineering and academic communities can discuss issues relating to science and technology policy. Keynote speakers include Larry Lindsey, White House Assistant for Economic Affairs.
Monday, April 30
- Hewlett-Packard makes computers of various types including PCs as well as software. Per-share consensus estimate for the fiscal second quarter: profit of 15 cents.
Metromedia Fiber Network builds fiber optic communication networks in cities. Per-share consensus estimate for the first quarter: loss of 31 cents.
- MicroStrategy makes business intelligence software. Per-share consensus estimate for the first quarter: loss of 33 cents.
- Gadzoox, is a maker of equipment for special-purpose storage networks struggling against the dominance of competitor Brocade. Per-share consensus estimate for the fiscal fourth quarter: loss of 42 cents.
- S1 makes software that provides Internet-based financial services. Per-share consensus estimate for the first quarter: loss of $1.00.
- Razorfish is a firm that provides Internet consulting services. Per-share consensus estimate for the first quarter: loss of 8 cents.
- Williams Communications operated a nationwide fiber optic network. Per-share consensus estimate for the first quarter: loss of 55 cents.
- CNET Networks, the publisher of News.com, operates a technology information Web site for consumers. Per-share consensus estimate for the fourth fiscal quarter: loss of 10 cents.
- Ingram Micro distributes wholesale technology products and services. Per-share consensus estimate for the first quarter: profit of 17 cents.
- Priceline.com is a name-your-price Internet site. Per-share consensus estimate for fiscal second quarter: loss of 5 cents.
- Viant offers Internet consulting services to businesses. Per-share consensus estimate for the first quarter: loss of 34 cents.
- Compuware makes network testing software. Per-share consensus estimate for fiscal fourth quarter: profit of 16 cents.
- Macromedia makes graphics and animation software for the Internet. Per-share consensus estimate for fiscal fourth quarter: profit of 20 cents.
- Cirrus Logic makes chips for storage networks and Internet audio uses to name a few. Per-share consensus estimate for the fiscal fourth quarter: profit of 6 cents.
- Sapient is an Internet consulting firm. Per-share consensus estimate for the first quarter: loss of 4 cents.
- Proxicom develops e-commerce Web sites for businesses and also offers consulting services. Per-share consensus estimate for the first quarter: loss of 12 cents.
Monday, April 30
- Personal income shows the monthly percentage change in household income from the Commerce Department. Analysts expect this number to rise 0.4 percent for March, the same increase as February.
- Auto sales represents the number of new cars sold in the United States, which is expected to increase to 6.6 million in April from the previous month's 6.4 million. Economists predict truck sales will fall to 7.4 million for the month from March's 7.7 million.
- The National Association of Purchasing Managers index tracks how many hard goods were purchased by purchasing managers. The NAPM index is expected to dip to 43.0 percent in April from March's 43.1 percent. Index values above 50 are generally thought to indicate an expanding economy, while values below 50 are indicative of contraction.
- Construction spending tabulates the dollar amount of newly completed building structures in a month as reported by the Commerce Department. Economists believe spending will increase 0.5 percent in March compared to February's jump of 0.6 percent.
- Initial Claims refers to the number of people who filed for unemployment benefits each week as reported by the Department of Labor. Claims will be reported for the week of April 28.
- The Non-manufacturing NAPM index tracks how many hard goods were bought monthly by purchasing managers in the service industries. Analysts expect the index to climb to 51.0 in April from 50.3 in March.
- Nonfarm Payrolls represents the change in total non-farm employment. This number is expected to rise by 20,000 for April compared to a decline of 86,000 in March.
- The Unemployment rate is the percentage of unemployed adults, as estimated monthly by the Labor Department. Unemployment is expected to tick up to 4.4 percent in April from 4.3 percent in March.
- Average workweek is the average amount of hours worked per week in the private sector, as estimated monthly by the Labor Department. Economists forecast the amount of hours worked to hold flat at 34.3 in April, the same as March.
- Hourly earnings are the percentage change in hourly earnings in the private sector as estimated monthly by the Labor Department. Earnings are expected to rise 0.3 percent for the month of April compared to the previous month's jump of 0.4 percent.