>what was teh street looking for in the interview that he
>didn't give them?
he got slammed by mark haines. (as usual) Right at the end of
the interview, he asked him when he thought they were going
to break even, and said some analysts were expecting 1998.
asked Motro to confirm this, and Motro started hemming and hawing and avoided the question (since companies arent allowed to make forward looking revenue statements anymore due to lawsuit possibilities)
so it looked like Motro didnt think they would break even,he refused to answer the question or even say "we are agree with those analyst figures" then to top it off, mark said "So you lost 60 cents last year, 90 cents this year, it doesnt look like you're heading towards breaking even, it looks just the opposite- what do you have to say about that? Oops, we're out of time, thanks for coming to speak with us." the stock immediately plunged, and is now around 13 1/2. |
