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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: margin_man who wrote (23675)4/7/1999 6:57:00 PM
From: MIKFREE  Read Replies (2) of 90042
 
Margin, re tklc:

CALABASAS, Calif.--(BUSINESS WIRE)--March 16, 1999--Tekelec
(Nasdaq/NM:TKLC - news) announced today that lower-than-expected revenue growth for
both switching and diagnostic products is expected to cause earnings per share for the first quarter ending March 31, 1999 to
be below current analysts' expectations, and below per share earnings reported in the year-ago first quarter. Complete financial
results for the first quarter will be released on Tuesday, April 27, 1999.
Have you seen the chart for tklc? I think this is becoming a habit with them, and after or near apr 27 things will start looking up again for the stock.
Bought some tuday at 7.
Cheers,
Mike
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