This is admittedly speculation, and, even worse, speculation about short term price movements, but what the hell. I think a penny below (.43) is a possibility and would move the stock to low 80s for awhile. As you noted, WCOM manages earnings (and analysts) too well to hit or miss by more than 2 cents. I'm going to rule out .46 (definately) and .45 (probably) because I think there's some substance to the negative buzz about voice revenues, and that the news--through the analyst coommunity--was sort of a "preannouncement" by the company. Best bet would seem to be in line at .44, a number that I'd agree is probably *mostly* factored in. However, keeping in mind the 1 c. miss last year
(September quarter?), I wouldn't be surprised at .43. Bulls will be glad to note that , with my record, this could guarantee .49. |
