General Semiconductor / GENERAL INSTRUMENT Message Board

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Technology Stocks : General Semiconductor / GENERAL INSTRUMENT

SEM 15.31

-0.8%

1:08 PM EST

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To: John Hunt who wrote (20)	1/10/1997 7:42:00 PM
From: louis mason	of 99

Dear John I was wondering what you think about the following quote: "GIC expects fourth quarter earnings, which will be announced on February 10, to be in the range of $0.28 to $0.32 per fully-diluted share, excluding the charges. The company said it will incur additional after-tax charges in 1997 of $50 to $70 million, or $0.33 to $0.47 per fully diluted share, for costs related to the consummation of the restructuring." John, do you read this as saying that GIC expects to report a loss in the 4 the quarter ( best '0.32-0.33=0.01/share' or worst '0.28-0.47=0.19/share')? The stock should move down if a loss is declared in either case, shouldn't it? thanks louis mason

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