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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (3756)2/27/1998 10:51:00 PM
From: S Shaw  Read Replies (2) of 18691
 
Roger:

RE:SMTK I looked at the earnings release that came out yesterday after the close of the market. There was a $65million one time charge and while there numbers for minutes sold was up, there was no indication of what the numbers would have been without the acquisitions. Was today's jump manipulation by MM's in preparation for insiders selling? The numbers themselves don't seem to justify today's action let alone the rediculous P/E that they are sporting.
Or am I missing something?

Scott

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