Sent the following note to CBS Marketwatch writer, Brenon Daly. I think I will do without the Daly report from now on.
Brenon,
I am sure you work very hard under the pressure of deadlines, etc., but you missed by a mile on this one. VISX traded as low as 39 in afterhours. I was particularly sorry that you could no enlighten readers as to the cause of the disappointment, because earnings seemed to have matched consensus estimates. So you not only gave erroneous information but you missed the real story.
You wrote:
Visx said after the bell
that it earned $25.8
million, or 38 cents per
share, up from $17.2
million, or 26 cents, in
the same period last
year. That was in line
with the First Call
estimate. Sales at the
laser company (VISX:
news, msgs) rose 79 percent to $75.1 million. The stock closed off 1 3/8
at 45 3/8 and held that level after hours.
[bold italics added for emphasis]
cbs.marketwatch.com
Regards,
Sam Citron |
