Second quarter earnings are very likely to be satisfactory in aggregate. A number of visible companies have warned of disappointments, but they are the exception rather than the rule. Earnings growth will probably be in the high-teens range when everything is tallied up.

Charles Crane

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The estimates are for earnings to be down 50 percent in the second quarter, 37 percent in the third quarter, and 12 percent in the fourth.

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We're going to have awful earnings reports for the second and third-quarter so we have to brace ourselves for that. To make a sustained rally, we need to see economic news and earnings news start to turn positive and we don't see that happening until the fourth quarter.

— John Forelli

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Earnings were up 6 percent from the first quarter, making the second quarter of 2000 Alcoa's eighth consecutive quarter of improved earnings,

— Alain Belda

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The only shoe that still has to drop is the earnings picture, and I think second-quarter earnings are going to be bad. We're going to get a slew of that and I think that's got the market...a little bit more defensive.

— Frank La Salla

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Most analysts expect it to be a bumpy earnings season. A few negative surprises could cause a little indigestion for stocks.

— Charles Crane

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