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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Frank A. Coluccio who wrote (1994)	9/1/1998 6:34:00 AM
From: MikeM54321	Read Replies (1) of 12823

Thread, In case you missed it yesterday because of the market tumble, DY announced very strong earnings. Looks like the telecom/cable network upgrade business is still going strong. But for now, the market doesn't care. MikeM(From Florida) ___________________________ Cousin Bob from Stocksite.com write: August 31, 1998 - $27-5/8 Today, the market didn't care if you beat analyst expectations, they sold everything. Dycom (DY) reported fourth quarter earnings per share of $0.47 which was $0.06 ahead of analyst expectations. Sales for the quarter grew 14 percent over the prior year's period, while earnings per share increased 23.7 percent. I continue to remain positive on Dycom and reiterate my $36 price target. Stock appears that its downside risk levels may be around the $25 per share range.

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