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Non-Tech : Emcore Corporation (EMKR)

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To: Rock_nj who wrote (534)4/29/2008 10:33:10 AM
From: The Ox  Read Replies (2) of 640
 
I'm still in the camp that says good earnings are a quarter or 2 away. I think the shorts know this and this is why they are playing here. I hope I'm wrong but counting on hope is not the best way to invest, imo.

They lost 13 cents last quarter and the estimates are for a loss of 5 cents. Last March they missed by 5 cents and last quarter they missed by 6 cents.

It is not a good sign that the stock is declining into earnings.

jmo

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