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Strategies & Market Trends : Lizard King's Trading Swamp
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To: LzzrdKing who wrote (6096)4/17/1998 1:52:00 PM
From: Paul Viapiano  Read Replies (1) of 7396
 
Lizzard,

Looked at GEOC earnings release....fundamentals look solid. Net margin down but reason for this is the higher tax rate that kicked in, prob because of used up tax carryforwards. At equivalent tax rate, they would have improved on the net margin by 4-5%. Street often overlooks these things. However, top line improvement by 144% really is a kicker. Also, no cautionary comments as far as I could see.

Therefore, no reason for the sale today. Good one, thanks....

Paul
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