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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Syncrude who wrote (3429)2/3/1999 11:28:00 PM
From: StockPro  Read Replies (1) of 62347
 
Syncrude,

Nice try (of some very selective quoting out of context and judicious use of the "etc" at the end of your "verbatim" quote) but no trophy.

For anyone interested, here's the entire paragraph Syncrude was quoting ...

Mr. Shier continued, "Over the past several days, two of our major customers have indicated a reduction in the pace of their roll-out programs, resulting in a significant decline in their commitments to OSF for the coming year. While we are confident that our gross profit margin will improve in 1999, it is anticipated that earnings per share will be slightly lower than 1998."

For those who wish to read the entire release (with no selective editing), it can be found here ...

fin-info.com

Syncrude, here's a tid-bit for you ... the news release indicated the company was expecting earnings at the low end of a range of $0.87-1.15 per share. One year ago, the share price was around $10 and headed upwards after they reported annual earnings of only $0.12 per share.

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