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Non-Tech : Emcore Corporation (EMKR)

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To: The Ox who wrote (535)5/9/2008 2:54:11 PM
From: The Ox  Read Replies (1) of 640
 
They missed earnings again this quarter by 4 cents.

Its hard to get excited about the future when a company consistently misses earnings expectations by a wide margin! Missed by 80% this last quarter. Missed by 80% last quarter and 60% in the prior quarter. A short's dream team seems to be managing this company's future eps expectations.

Sure, the future appears to be brighter then its past but failing to guide the street is a big red flag, the kind that waves in front of the shorts and causes them to charge like a bull at a bull fighter!

Instead of over promises and under delivery, the company should find a way to reverse this approach to guidance. Under promise and over deliver.

jmo

TO
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