Roger's 1997 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1997 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Roger A. Babb who wrote (4213)	7/23/1997 8:13:00 PM
From: Timoteo	of 9285

Anyone read ITWO's earnings release? I reshorted a few weeks ago. Revenues up, but include 10.1 million of a 24 million dollar TI contract which is not supposed to start until late 1998 according to earlier ITWO press release. Without this, revenues would have been sequentially lower from last quarter. Earnings met estimate of .08 but had to include a write of for acquisitions and in-process R & D. Without it, they would have lost .01. Not impressive for a $50 stock. With the flood of earnings releases, it might take a while for people to figure this out. Anyone know after hour's trading or have an opinion. I'm thinking of shorting more at the open, but covering after the inevitable (maybe) downgrade. Timoteo

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next