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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (79858)12/16/1999 9:41:00 AM
From: Cynic 2005  Read Replies (1) of 86076
 
Managing expections 101 - Lessons for analysts and coporate touts:
<<Gateway (GTW) 70 11/16: Merrill Lynch cuts their Q4 sales estimate from $2.76 bln to $2.65 bln based on tight processor availability from Intel (INTC); they leave Q4 EPS estimate of $0.49 intact based on slightly higher gross margin assumptions.....>>

Guess what, GTW opens 2 points higher on the news.
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