Zacks shows earnings to be released August 9, 2000, is that what you anticipate as well? Any word on time of announcement?
I'm going to make a general statement that simply is my observation. It sure seems like GMST is less than fortunate when it comes to timing, as it relates to the general market. When GMST is strong the general market seems to be suffering, making the effect less than it otherwise might have been. And when the general marker is doing well, GMST seems to be clouded with some uncertainty that hold it back.
Having said that, with a PE well over 150, I think it is important GMST release good numbers this quarter. I'm hoping they have collected back royalties due for integration of their technology into equipment, and this adds a surprise to expected earnings.
Let's see what happens, in the meantime the longer the stock bases in the $60 range, the more potent the launch will be, when it occurs.
Regards, JB |
