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Non-Tech : DWLima: Investing for Personal Wealth

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To: VBroady who wrote (154)1/15/1999 5:33:00 AM
From: Gordon Gekko  Read Replies (1) of 245
 
Damark will report next Friday. I hope it is not after the bell because that is a very bad sign. There is one analyst looking for $(0.19). A month ago the estimate was for $(0.09).

The drop is related to the warning the company sent out a few weeks ago. The company will also have a big asset write-off.

biz.yahoo.com

The numbers definitely don't look pretty. The only wrinkle in this scenario is the Internet developments which could overshadow the poor financial performance. They may or may not release details next week.

I am neutral on this one.

GG
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