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Technology Stocks : Hummingbird Comm. (HUMC)

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To: Martin Goldenberg who wrote (1678)7/26/1998 10:57:00 AM
From: andrew  Read Replies (1) of 2018
 
Hi Martin,

Curious as to where you heard these numbers. It all sounds
very positive and now would be a good time to
announce it more publicly. The info seems to be completely
at odds with analyst numbers of $2.10/2.40 for fy98/99.
These numbers seem a joke anyway given they've already
got > $1.70 for the 1st 3 quarters of '98. Is the company
responsible for the low guidance? (Seems they'd be better
off painting a rosier picture when the stock is undervalued)
These are bright guys managing the company but apparently
they don't seem to care about there long term investors
enough to smooth some of the volatility. In my mind, volatility
should be associated with a stock that trades at a high multiple
not one with a pe=10 where expectations are low.
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