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Biotech / Medical : CMP
CMP 20.88+5.0%Jan 5 3:59 PM EST
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To: JoeinIowa who wrote (1255)9/1/1998 10:06:00 PM
From: Emec   of 1308
 
Joe, I was very upset the day of earnings but now that I have calmed down I realize that there can be no lawsuits. The only public statement made by CMP was that they were comfortable with analyst estimates. There was not a significant deviation from that. perhaps they did not meet brokers' expectations but that is not a recoverable action. I do think CMP will continue to make money and we should see that for the quarter just ended. If there is no profit this quarter (without the benefit of a reserve reversal), I would see that as a cause of concern
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