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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (19433)3/3/1999 9:07:00 PM
From: Ron McKinnon  Read Replies (3) of 53068
 
BFLY

saw this on a "popular" thread

>>>>BFLY----I've looked at that one before after the deal with LYCOS.. Stock beat earnings expectations in late January. Fundamentals are nice

>>>>>Fundamentals are nice
>>>>>Fundamentals are nice
>>>>>Fundamentals are nice

Lets see:

for the 9 months ended 9/30/98 sales were $5,000
no, not a typo, 5,000 as in 5k, as in thousand

net loss was $1,270,000

book value $1.34

1/28
announced today that its fourth quarter gross sales BEFORE RETURNS and allowances exceeded $300,000 and were well ahead of the Company"s expectations

>>>Stock beat earnings expectations?
>>>Stock beat earnings expectations?
>>>Stock beat earnings expectations?

amazing that a few 1000 people bookmark a guru and then read and act on comments like the above

ps

not a knock, just an observation

pss

I'm biased as well as continually amazed by this game

I shorted, then I jumped on the long mo mo when this ran; then jumped off the long, shorted more at 16 1/2 and ended with a very heavy short position at the close
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