Learmonth & Burchett Management Sys. - LBMSY Message Board

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Technology Stocks : Learmonth & Burchett Management Sys. - LBMSY

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To: xamir who wrote (17)	2/14/1997 5:50:00 PM
From: Gerald Walls	of 81

why the stock did not move after earning came out? The stock did move up 1/8 in both bid and ask. The reason it didn't move more was that the earnings were probably in line with expectations and were therefore priced into the stock already. Why do you think LBMSY move up from 3 in December to 5 a few days ago? Because earnings were expected to recover.

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