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Strategies & Market Trends : Playing Hammered Stocks for a Bounce, But How?

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To: BamaReb who wrote (15)1/21/1998 4:28:00 PM
From: JEFF CHAPMAN   of 159
 
Looks like we already have a candidate for Thursday, watch for the bounce very early as there's plenty of time to fill orders with the early warning:

16:21 [SYBS] SYBASE: MUST REVERSE 4Q REVS, RESTATE 1Q, 2Q, 3Q REVENUES.

16:24 [SYBS] SYBASE: 4Q LOSS IS 'SUBSTANTIALLY' LARGER THAN ESTIMATES.

16:26 [SYBS] SYBASE POSTPONES 4Q EARNINGS ONE WEEK.
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