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Technology Stocks : NCR Corporation: An AT&T Spinoff
NCR 27.08+3.2%Oct 16 5:00 PM EST

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To: judge who wrote (209)4/15/1998 10:45:00 AM
From: Brooks Jackson  Read Replies (1) of 379
 
This is a positive surprise of five cents a share. Zacks was reporting consensus analyst projection of a nickle-a-share loss

They still lost $34 million in the quarter on operations, while continuing to shrink the company. (Revenue is down again, and orders are down as well). They made it up on interest income on that $1-billion cash nest egg they're sitting on.

However, I think the shrinkage is about over. This is the first non-loss First Quarter in a long time. Staying long.
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