Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: tcarnes who wrote (3561)	2/25/1998 1:38:00 AM
From: Dale Baker	Read Replies (2) of 18691

ETEC - if they declare bankruptcy, I'm sure the stock would double the next day. From Briefing: After the close ETEC announced quarterly earnings of $0.38, one penny below estimates... First negative earnings surprise in more than one year... Earnings estimates recently downgraded due to company announcement earlier this month that order delay would result in weaker than expected results... On plus side, company posted revenue growth of 16% and gross margins rose to a record 54.2% from 47.2% year-ago... Relatively positive comments also bullish... Stock should respond favorably to report.

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