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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (12300)7/30/1998 1:06:00 AM
From: czycz  Read Replies (1) of 120523
 
Jenna or Shadow- INSO-maybe you could help me understand this:

This stock substantially beat its earnings,+0.05/share reported vs. est
of 0.0. These estimates still show in Zacks...Yahoo shows Zack's
estimates as +0.5 being the expected earnings.(shows only that they met
earnings)INSO rose over 4 points on the day of the the earnings
release..Any idea how the earnings estimate that most people see(yahoo's
est) got changed from 0 to .05? a stock that just met earnings wouldn't
rise from 16-21(check the price action on 7/17-18) on expected
earnings..and how did the earnings expectations for July get changed
from 0.0 to +0.5?

I'M CONFUSED

the float's ~5.7mill
JULY SHORT INEREST
INSO ÿ INSO Corporation
shares short--- aver.vol---ratio(days to cover)
07/98 2,981,066--- 189,078--- 15.77 ÿ
06/98 2,761,515--- 162,393--- 17.01 ÿ
05/98 2,433,424--- 155,622--- 15.64 ÿ

TIA
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