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Technology Stocks : Midway Games - MWY

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To: puborectalis who wrote (89)10/22/1998 5:00:00 PM
From: Michael Bakunin  Read Replies (1) of 278
 
Au contraire, many surprises. As Briefing has it, good news was, "fiscal Q1 net of $0.26 a share, seven cents above the mean estimate", but the bad news is, "sees Q2 net between $0.28 to $0.32 a share, well below the current First Call estimate of $0.49".

So, seven cent surprise in the ground, but minus seventeen or more going forward. I think shareholders got hit with a big, big miss.

biz.yahoo.com

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