New Era of Networks (NEON) Message Board

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Technology Stocks : New Era of Networks (NEON)

NEON 2.010

+2.0%

Nov 21 9:30 AM EST

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To: ---------- who wrote (595)	7/9/1999 10:57:00 AM
From: Peter Granic	Read Replies (1) of 1222

Well, it looks like they tipped off at least one analyst, because on June 14th that analyst was quoted widely as saying "sales are going to be back-ended this quarter". That was 2 weeks before end of quarter, and that left 2 weeks for expectations to be met. As I said before, holders on the stock should have been more careful to the risk outlined in that statement. Otherwise, the company announced almost immediately following end of quarter, that sales would disappoint due to deals not being closed by end of quarter. I'd say this is about as much as you can expect from a company. Should they have pre-announced with 1 month left in the quarter? Regards, Peter

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