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Technology Stocks : Dallas Semiconductor: Time to Buy

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To: Fario who wrote (74)7/10/1997 9:56:00 PM
From: B.G. Galbraith   of 160
 
I have a feeling that the 2Q earnings are already built into the price. Wouldnt be surprised if the "whisper number" is higher than reported earnings, resulting in some decline tomorrow. Whoever invented the "whisper number" should be drug out from under his little rock, hung, shot, cut into little pieces, and fed to the fish!!

I can just see this scene playing out in brokers offices all over the country:

ACT I
"Look, youre a good customer. Just between you and me, I have it on good authority (Wink, Wink) that the REAL earnings number is .58, not the forecast .50. Better buy some before the earnings come out!!"

ACT II (heard the day after earnings release on SI )
" I can't understand it. Over 40% earnings increase and the price drops like a rock"

Hope this isn't a prophecy.
BG
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