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Strategies & Market Trends : Stock Of The Week

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To: Dan Berger who wrote (38)2/15/1997 1:25:00 AM
From: Stanley Cowen   of 66
 
A quick review of INFR from someone with no position:
1. The November Quarter was an unexpected loss in earnings at least according Wall Street's reaction.
2. Outside of price action, no other apparent reason to assume turnaround.
3. According to the company, the last week of the quarter is critical. In fact, last quarter they preannounced earnings. If this trend continues for this quarter, someone should know something right now. If the company has turned around, shouldn't they preannounce the good news too?
4. According to the thread, it looks like the company will eventually turnaround, but it may take a little longer than 1 quarter.
Just my opinion, could be wrong.
Good Luck
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