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Technology Stocks : Softkey (SKEY)?
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To: zTrader_77 who wrote (53)2/23/1996 12:31:00 PM
From: Raymond J. Steck   of 247
 
See attached clip about EDMK. Funny, isn't it. SKEY gains 2 points
on bad earnings report while EDMK gets beat up:

10:25 ET ******

EDMARK CORP. (EDMK) 30 3/4 -8 1/2. Company announced last night that it did not
expect to meet street estimates for the 3rd qtr. In fact, company expects an operating loss in
the qtr. Company sees 3rd qtr revenues between $5.5M and $6M, compared to $5.6M posted
in the year-ago period. Street estimates had initially called for a net of $0.28 per share in the 3rd
qtr. As might be expected, Volpe Welty lowered its rating after the announcement to
"neutral" from a "buy".
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