Quarterdeck: Making a Striking Comeback! Message Board

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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Anthony Darmanin who wrote (2791)	4/29/1998 6:17:00 PM
From: Dale Stempson	Read Replies (2) of 3307

The earnings report is a nightmare. Remember the pre-announcement at the end of the quarter?: >>> MARINA DEL REY, Calif.--(BUSINESS WIRE)--March 31, 1998-- Quarterdeck Corporation (Nasdaq:QDEK - news) today announced that it expects that net revenues for the quarter ending March 31, 1998, will be approximately 20-25% less than net revenues for the December quarter, resulting in an expected operating loss of several million dollars for the quarter. <<< ...and today they announce $13.3 million in revs and a $7 million, 16 cent per share loss. How could they have been off that far! I don't know how poorly the market will react tomorrow, but I think the recent short-term gains will fall deep into the gap down at the open. Regards - Dale

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