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Strategies & Market Trends : Three Amigos Stock Thread

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To: scouser who wrote (14830)	4/4/1999 10:27:00 AM
From: Sergio H	Read Replies (1) of 29382

RGC is due to report next week. Taking into consideration the company's recent warning about upcoming earnings: "March 10 /PRNewswire/ -- Republic Group Incorporated (NYSE: RGC - news) today announced that its March 1999 quarter earnings are anticipated to be 35% to 40% less than the December 1998 quarter ..." biz.yahoo.com RGC reported .32 for the Dec. '98 quarter. 35-40% less = .19-.21 expected by the Co. Analyst's estimates range from .20 to .52 for the upcoming report. I'm inclined to wait till after earnings are released to take another look at this stock. Increased production hasn't taken effect yet and the upcoming earnings could prove to be ugly or create a buying opportunity. Let's keep this one on our watchlist. AS

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