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Technology Stocks : SI Handling Systems (SIHS)
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To: BILL YURKOVIC who wrote (29)5/13/1998
From: r. c. cummings  Read Replies (1) of 31
 
Market overreacted, IMHO, based upon the news headline (lower IV qrt earnings). Nowhere was it stated that the $.19 earned was what was expected. Red Chip Rev., e.g., predicted that figure due to the higher mix of engineering content in that qrt's sales. That engineering feature, however, will give way to increased mfg and systs building, and overall sales should increase, accompanied by greater operating leverage and a higher-profit sales mix.
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