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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (10620)6/13/2001 3:44:22 PM
From: Kelvin Taylor  Read Replies (1) of 19633
 
Tom, CCMP EPS estimates have been reduced from $0.43 couple months ago to $0.33 currently. I would suspect a big miss would come in the form of a preannoucement. Still time for a warning. But the closer to earnings date with no negative surprise then no bad news is good news. A small miss with positive guidance going forward would give the stock bounce up. How long that would last is clearly up in the air.

could be a long or short play depending on what they say and when they said it.
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