Week ahead: For the birds
It's all quiet on the tech front as even hardened geeks take a break for turkey and Thanksgiving. But watch out for a Kazaa court case and earnings from Forgent and Credence.
We're talking turkey here. Activity for events and economic news will be rather light next week, as the nation gears up for the Thanksgiving holiday.
But despite the break, Kazaa's parent company will be busy in federal court next week, and a number of companies, from Forgent Networks to Credence Systems, will still be releasing quarterly earnings.
The information was gathered from
Other events scheduled this week:
Tech Events | |||||
Monday, Nov. 25
- A federal court in Los Angeles will hear arguments Nov. 25 over whether Kazaa's parent company, Vanuatu-based Sharman Networks can be sued in U.S. courts by the record industry and movie studios.
Tuesday, Nov. 26
- Electronic automation systems and components will be the hot topic at the SPS/IPC/DRIVES 2002 conference, which runs Nov. 26 to 28 in Nuremberg, Germany.
- Planting the seed of tech development in Russia will be covered at the Information Technologies in the development of Russia's Northwest business forum, to be held Nov. 27-29 in St. Petersburg, Russia.
- Data mining will be just one of the topics at IDC's Data Warehousing and Business Intelligence Conference 2002, scheduled for Nov. 28 in Cologne, Germany.
- Computer enthusiasts will gather at one of Canada's largest computer shows, Computer Fest Christmas 2002 Show, running Nov. 29 to Dec. 1 in Toronto, Canada.
Earnings | |||||
Monday, Nov. 25
- Dycom Industries provides engineering, construction, and maintenance services to telecommunication providers. It's expected to report a first-quarter profit of 7 cents a share.
Tuesday, Nov. 26
- ADE supplies inspection systems for semiconductor wafers and devices, magnetic storage and optics. It's expected to post a second-quarter loss of 18 cents a share.
Wednesday, Nov. 27
- Descartes Systems Group is a logistics software provider. It's expected to report a third-quarter loss of 1 cent a share.
Economic Reports | |||||
Monday, Nov. 25
- Existing Home Sales tracks housing activity. October sales of existing homes are expected to drop to 5.35 million, from 5.40 million the previous month. New home sales are expected to dip to 980,000, from just over 1 million the previous month.
Tuesday, Nov. 26
- Gross Domestic Product is the broadest measure of overall U.S. economic activity. Third-quarter growth is expected to rise slightly to 3.2 percent, compared with 3.1 percent in the year-ago period.
- Personal Income measures income from all sources. October growth is expected to dip to 0.2 percent, from 0.4 percent the previous month.