DWCH-Datawatch Worth Watching! Message Board

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Technology Stocks : DWCH-Datawatch Worth Watching!

DWCH 13.10

0.0%

Dec 13 4:00 PM EST

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To: BARRY ALLEN who wrote (327)	11/25/1997 7:50:00 PM
From: Nittany Lion	Read Replies (1) of 462

Barry, From the October 10th press release: <<WILMINGTON, Mass., Oct. 10 /PRNewswire/ -- DATAWATCH CORPORATION (Nasdaq:DWCH) announced today that it expects to report revenues in excess of $32 million for the fiscal year ended September 30, 1997. Revenues for the fourth fiscal quarter are expected to exceed $8 million, up from approximately $7.7 million in the same quarter a year ago, and up from $7.6 million in the third fiscal quarter.>> I gathered from the lack of any mention of earnings with that statement that there would be a loss. Add to that the tendency for companies to get all the bad news over with before the beginning of a new year (hopefully a turnaround year) and I think most had already factored in this information in today's price. I would be curious to know how much of this loss was as a result of the "Mac" products. With the money from the sale the book value should be in excess of $2.50. I hope the market doesn't take too long to realize the value here. Good luck to all Gary

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