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They need to beat estimates, and whisper numbers, with revenues and earnings increasing on an accelerated basis, both yr-to-yr and sequential. Also, CEO has to conduct an upbeat CC, pointing out strategic market wins and positive outlook for 1999. At 10X sales, any misstep - or -- cautionary forward concerns, and all bets are off for the foreseeable quarters. I'm positioned expecting the former, and under that scenario, I believe there to be rapid price elasticity into the $20's. MM were here recently, before their little panic snit, so they know the story. Push their greed buttons with an opportunity to help dig them out of their Fund's loss positions, and we may be happy with our patience. We'll know soon!!! |
