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Technology Stocks : Genesys Telecommunications (GCTI)

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To: Jay Nitschke who wrote (140)10/6/1998 3:01:00 PM
From: Jay Nitschke  Read Replies (1) of 220
 
Wow. Lost almost half its value in just six trading days. (At 10 as I write.)

Earnings for this quarter are to be released October 14.

Expectations are for 61 cents for the year ending June 1999, 98 cents the year after. The 61 cents equates to a P/E of 16.

Clearly at least some sellers are expecting that those predictions are optimistic.

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