Itron (ITRI) - wireless utility meter reading Message Board

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Technology Stocks : Itron (ITRI) - wireless utility meter reading

ITRI 95.09

-1.4%

Dec 29 3:59 PM EST

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To: Daniel Johnson who wrote (191)	7/22/1998 5:58:00 PM
From: Mike Farrar	of 202

ITRI 2 quarters ago ITRI met earnings and was up 5 in three days. Last quarter they blew earnings and ITRI went down 5 in three days. This quarter they met earnings, but announced the restructuring so I am going to call in at 15 by close Friday. I hope the cut back will draw in an upgrade or two. There is definitely going to be some of the 1,309,498 shorts, as of June 15 , covering their butts tomorrow. The day to cover ratio on the shorts is 25.13 days. I am a little nervous long, but not as nervous as I would be short. Bot a couple of Aug. 12.5 call options today at 1/2. Good luck longs.

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