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

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To: Mark Jenkins who wrote (110)2/10/1998 7:04:00 AM
From: Mark Jenkins  Read Replies (1) of 159
 
Possible player:

Raytel Medical Corp. (RTEL) 12 -1/2: provider of trans-telephonic remote cardiac monitoring services is warning that it sees 1Q earnings between $0.12 and $0.15 a share, below the First Call
estimate of $0.23 a share, vs year-ago net of $0.21 a share; revenues are projected between $25 to $27 mln....
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News release stated that revenues should be in line with estimates
and earnings were affected by slowdown than anticipated holiday season. (everyone must have been eating low cholesterol christmas dinners! <gggg>)

We'll see how the market responds!

Still holding SMCI
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