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Technology Stocks : HDCO - Why sudden dip?

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To: Yani Strei who wrote (452)5/20/1998 3:42:00 PM
From: kolo55  Read Replies (2) of 572
 
Lot of rumors that Hadco will miss even the lowered expectations.

Furthermore, that they will have some gloomy forward looking statements. I suspect this is why most of the stocks in the ECM sector are getting hammered today.

The $200M in debt issued last week, came one percentage point higher in interest rate than expected, and will trim EPS in the upcoming year.

Paul
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