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Technology Stocks : Cheap Tickets, Inc. (CTIX)

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To: $Mogul who wrote (103)10/27/1999 3:47:00 PM
From: Jon Stept  Read Replies (3) of 128
 
Why the selloff? one possible reason...

June 1999 earnings surprised by %87.

I would think the runup after that lost momentum as info leaked or released that they would not do that again.

When they only surprised by %22 from mean estimate, it did not meet those expectations of those who were still hanging on and hoping.

Just my opinion.

Jon :)
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