DII Group, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DII Group, Inc.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Creditman who wrote (1722)	10/14/1998 10:07:00 PM
From: rich evans	Read Replies (1) of 1845

My theory is that this is a disguised future earnings warnings. At the Q2 conference call they indicated a new customer for Q4 and earnings of 45-50cent. 99 was to be $2.00/sh. Now they are indicating the customer is lost and earnings forecasts need to be readjusted. So instead of about 1.15 for 98 We could be looking at $1. And 50% more than that for 99 is 1.50.Also they have confirmed that Orbit is a continuing problem and the manufacturing facility is not being used for which they paid 20% of our shares about but have now written it all off. So this announcement is negative IMO. But I own a lot of these shares still and am holding at these prices. I think the company will do well in the future but they need to work thru the orbit problem and get their global operations etc going. Rich

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next