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Technology Stocks : HS - CHS Electronics

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To: John Howell who wrote (561)5/5/1998 8:04:00 PM
From: Gregory Cole Brock  Read Replies (1) of 1494
 
John

Earnings are out and they are kick ass. The tax rate issue is a dead one since it was about the same last year and they would even have met estimates this time if they had a 35% rate. All margins except earnings on sales volume were up greatly. Earnings on sales margin down only .1% (great news in light of lower PC prices) This is obviously not much of a factor.

Stock's gonna rock. Shorts a squeezing now.

I am in LA this week and I think I will go out and celebrate tonight.

Greg
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