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Non-Tech : Bill Wexler's Trading Cabana

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To: The Reaper who wrote (2757)	1/19/2008 8:38:27 AM
From: RockyBalboa	Read Replies (1) of 6370

Lecoursiere also lowered his fourth-quarter estimate to a loss of $5.07 per share from a loss of 24 cents per share and his 2008 estimate to a loss of $1.63 per share from a loss of 35 cents per share. Analysts polled by Thomson Financial, on average, anticipate a loss of $1.57 per share in the quarter and a loss of 13 cents per share in 2008. ... "Despite the stock's 62 percent decline since reporting 2007 third-quarter results, we do not believe the current price adequately reflects the inherent risk." ... Shares tumbled 32 cents, or 6.8 percent, to $4.42 Friday. Shares have traded between $3.95 and $40.80 in the past 12 months. IndyMac Shares Fall on Price Target Cut Friday January 18, 7:35 pm ET IndyMac Bancorp Shares Fall After Analyst Slashes Price Target, Earnings Estimates biz.yahoo.com

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