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Non-Tech : PETC -- the Home Depot for pets?
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To: Intel Trader who wrote (26)7/10/1998 11:58:00 PM
From: Peter H. Hodge  Read Replies (1) of 36
 
Estimated earnings per share of 10 to 11 cents versus First Call Estimate of 21 cents. Half of what was expected=share price of 1/2. Be careful...they haven't hit 1/2 yet. I expect this to fall further on Monday.

Institutional ownership is 76%. Fund managers don't care what the price is. If they don't like results, they bail.
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