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Technology Stocks : HCIA - dropped 27 today? Tomorrow's outlook!!!
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To: bill small who wrote (129)10/23/1997 4:51:00 PM
From: Thomas C. White   of 226
 
Thanks Bill for your detailed notes. It was nice not to see it down 4 on 10 million shares, especially on such a lousy market day. I guess the contents of the call helped prop up the stock. It may be a sign that the worst is over as far as how far the market can potentially batter down this stock (barring of course a revenue/EPS catastrophe next Q).

You're right about the analyst expectations -- after announcement for June 30 Q, the analyst at DLJ seemed to be quite shaken and angry by their results, which tends to mean they are only just beginning to get a handle on issues like working the Street.
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