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Strategies & Market Trends : The Amateur Traders Corner

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To: Oleg Sogolov who wrote (12703)8/15/2001 12:31:39 PM
From: Tom Hua  Read Replies (2) of 19633
 
Oleg, OTEX making new low of day ahead of earnings tonight (CC in the morning). IT spending is being squeezed as we have witnessed. I suspect OTEX will issue cautious forward guidance tomorrow morning. OTEX has beat street estimates every quarter in the past year, I think the report tonight will deviate from its past performance.

Couldn't believe how cheap the time premium was given the fact the report tonight can swing the stock in a big way.

Regards,

Tom
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