Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Louis Riley who wrote (200)	4/18/1997 1:37:00 PM
From: Bob Liu	of 763

Apr 18, 1997 (12:30 PM EST) - The Motley Fool Lunchtime News Helpdesk software company REMEDY CORP. (Nasdaq: RMDY) declined $4 3/4 to $25 5/8 on checking in with Q1 revenues of $23.3 million and EPS of $0.16, which beat estimates of $0.13 per share. Sales declined 21% sequentially due to a steep drop in software license revenues.

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