ABACUS DIRECT CORP. (ABDR) Message Board

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Technology Stocks : ABACUS DIRECT CORP. (ABDR)

ABDR 0.300

0.0%

Nov 19 4:00 PM EST

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To: Chucky who wrote (18)	7/24/1997 10:38:00 AM
From: D. K. G.	of 60

Chucky K, yeah it got taken for a loop yesterday just after 2. Bid was suddenly dropped to 27 area, but then buyers stepped in and settled in the 29's. Your right the #'s did look good. 1) Beat est. of .10 2) REV, Gross margins, oper. margins, net income all greater year over year. 3) expenses increased but as a % of revenue decreased Y/Y. 4) Mr. White in the press release said catalogers were cautiously optimistic for the 3rd. and 4th Qs. This is ABDR's bread and butter time of year. Was he toning down expectations? Did this lead to some profit taking. Up this morning. Looks like the damage was done. We'll just have to see. Denis

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