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Technology Stocks : Nimbus CD International

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To: Carmine Cammarosano who wrote (1504)4/30/1998 3:56:00 PM
From: Jim Fraser  Read Replies (1) of 1673
 
Mr. Cammarosano,

"see that First Call has NMBS for '98 @ $0.61 and for '99 @ $0.80 ...I suspect this is a downward revisions in earnings?"

It looks like nimbus might have lost their "strong buy" analyst, so now we are down to 2 with a buy rating. (I could be wrong though)

"I told you so! NMBS does has not figured out how to meet estimates, this is why NMBS is @ $10..."

That is a premature statement.

Look, I am just a shareholder like the rest of you "nimbeciles". I believe in move to DVD and that Nimbus is part of that move. That is why I stay invested. Since they went public, Nimbus has (for the most part) met earnings estimates. Don't get me wrong, I am as unhappy as you are (well.. maybe not that unhappy, you must be a democrat! ;-) that the stock hasn't moved by now. I will stick it out through the new year and see if they get it together. It is too early to judge who is making money yet in DVD.
BTW, go buy a player and some disks and help the industry and enjoy yourself...
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