Monday
The new trading week kicks off with Sycamore Networks (Nasdaq: SCMR ) reporting. Analysts don't expect much. They see the bandwidth management expert matching last year's second-quarter loss of $0.03 a share.
Tuesday
The Zune HD -- Microsoft's (Nasdaq: MSFT ) latest attempt to matter in portable media players -- hits the market. A lot of Microsoft's thunder was stolen when Apple refreshed its iPod line a few days earlier.
It's going to be hard for Mr. Softy. When even the bargain-priced iPod nano offers video recording and a built-in radio tuner, I'm not sure that the Zune's access to limited HD-Radio broadcasts will be much of a differentiator. There are other cool Zune HD features, but it looks like Apple rained on Microsoft's parade, again.
Wednesday
Oracle (Nasdaq: ORCL ) and Apogee (Nasdaq: APOG ) report on this day, if Larry Ellison doesn't buy Apogee first.
Just kidding. Oracle has an insatiable appetite for acquisitions, but enterprise software and industrial glass and window installations have little in common, unless Silicon Valley executives are smashing office windows with Aeron chairs in fits of rage.
Speaking of pricey Aeron chairs, Herman Miller (Nasdaq: MLHR ) is also reporting. Office furniture is still getting pinched, as analysts see the company earning less than a third of what it did a year earlier.
Thursday
Palm (Nasdaq: PALM ) reports. It should be the first time that investors get an official read on the initial success of the company's breakthrough Pre smartphone. If the numbers aren't up to snuff, new hope may come from the company's recently announced Pixi model.
Friday
It's a quiet close to the trading week, but the multiplex will be hopping. New releases include a little blood (Jennifer's Body), a little love (Love Happens), and a whole lot of raining meatballs. Cloudy With a Chance of Meatballs is an animated feature based on the popular children's book. It also happens to be the latest flick to open for both conventional movie theaters and the larger IMAX (Nasdaq: IMAX ) screens.
Until next week, I remain,
Rick Munarriz
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