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Technology Stocks : MENTOR GRAPHICS
MENT 37.250.0%Mar 31 5:00 PM EST

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To: bhakta who wrote (66)6/26/1997 12:12:00 PM
From: Judy Cohen   of 376
 
Good question about earnings warnings/announcements. For the quarter ended 9/30/96, I show that they issued a warning on 9/25 and then came out with their results on 10/23. For 12/30/96 I believe the results were as expected and there was no pre-announcement - results came out on 1/30/97. I was out of town all of April, so I don't know what happened. Anyone?

When I got back in May and saw the $6.70 price, I bought (averaging down). A few days later, it was encouraging to see (on insidertrader.com) the large purchases. Thanks for the SI post.

After 2 quarters of negitave earnings, and 5 slipping quarters, it will take some really good results here to bring confidence back. I hope this is it!! I'm looking for $15-18/share within the next year, unless we have the big market sell-off expected by some.
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