Stock Swap Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Stock Swap

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patrick Slevin who wrote (14047)	5/27/1998 12:50:00 AM
From: Andrew Vance	Read Replies (5) of 17305

AV--Just got back about a half hour ago and was going through some messages and trying to figure out what the market debacle was today. Well, I only got a quick glance and it was nasty. I will have to do some investigation a bit later and before the open tomorrow. Just got done with a 475 drive from Utah through Wyoming. More to follow on that in the days to come. Two quick stories for the group. Etec Systems Inc. (ETEC) reported third-quarter earnings of 47 cents a share, 2 cents below the consensus estimate of analysts surveyed by Zack's Investment Research, but a penny ahead of the consensus estimate of analysts surveyed by First Call.. Separately the company said it had received a $25 million order from Align-Rite International (MASK), the single largest order in Etec's history. Etec's laser systems are used in manufacturing electronic components. Etec shares fell 3/8 to 40 1/2 ahead of the reports. Dycom Industries Inc. (DY), a fiber-optic and telephone engineering and electrical services provider, recorded a third-quarter profit of 36 cents a share, 3 cent ahead of the consensus estimate. Last year, the company posted a third-quarter profit of 28 cents a share. Shares dropped 1 to 29 1/2 by the close. See press release. I see it all now. You get penalized for positive earnings surprises these days. I am glad I have those DY covered CALLs since I can't afford anymore GOOD news<GGG>. Andrew

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next