Efficient Networks Inc - (Nasdaq- EFNT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Efficient Networks Inc - (Nasdaq- EFNT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: P314159d who wrote (649)	12/20/2000 3:01:55 AM
From: Herschel Rubin	Read Replies (1) of 675

Here's my take on whether or not EFNT might issue an earnings warning: I think the fact that EFNT has NOT pre-announced yet (either a positive or negative preannouncement) means: 1) THEY DO NOT *YET* KNOW HOW THE QUARTER IS GOING TO TURN OUT (Remember, this quarter will be back-end loaded like last quarter). 2) GIVEN THE FACT THAT WE ARE SO CLOSE TO THE QUARTER-END (7 business days left) and EFNT HAS NOT ISSUED A PRE-ANNOUNCEMENT, THEN THEY MUST BE SOMEWHERE CLOSE TO MEETING EXPECTATIONS--Perhaps 1 or 2 cents above or below expectations... 3) IF EARNINGS CURRENTLY APPEAR TO BE IN THE BALLPARK, IT DOES NOT WARRANT EITHER A POSITIVE OR A NEGATIVE PREANNOUNCMENT AT THIS TIME. That might explain the silence on the preannouncement front. Keep in mind that EFNT is NOT run by management like WSTL & CMTN who really were not ethical in their guidance to shareholders last quarter. If EFNT is really having a problem this quarter, I would not expect them to wait until the earnings release to drop a bomb. This management team has more credibility than that.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next