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Strategies & Market Trends : Technical analysis for shorts & longs

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Dec 19 4:00 PM EST

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To: Johnny Canuck who wrote (38390)	11/12/2002 6:50:25 PM
From: Johnny Canuck	Read Replies (1) of 69149

16:38 ET LAMR Lamar Advertising misses estimates (34.88 +0.06) Reports Q3 (Sep) loss of $0.06 per share, $0.01 worse than the Multex consensus of ($0.05); revenues rose 7.2% year/year to $201.9 mln vs the $199.1 mln consensus; sees Q4 revs in the range of $192 million to $195 million -- Multex consensus estimate is for revs of $191.3 mln. [Harry: Guidance seems to suggest a stablization and slight up tick in advertisement revenue. This is only a single data point, but that is part of what we need to see in order to confirm a recover of the economy. As a down turn wears on ad budgets are the first to go.]

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