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Technology Stocks : Catapult Communications Inc (CATT)

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To: Victor Lazlo who wrote (31)5/21/1999 2:56:00 AM
From: Tourist  Read Replies (1) of 184
 
Estimates for 3rd quarter (June) is 0.13 versus 0.10 last year. Does anyone know when this will be released? Last year's EPS was 0.45 and the first two quarters this year has already made it to 0.41, with estimate of 0.69 for this year. A revision is due for this 0.69 estimate. Revenue and earnings have both grown handsomely the first two quarters of this year (year-over-year), looks like 3rd and 4th quarters have been traditionally less impressive. If this 3rd quarter beats that trend and perhaps even beat the 2nd quarter's 0.30, the attention and stock price will respond very nicely. It certainly looks like the street has waken up and taken notice. Today's volume is the highest since the IPO, perhaps signaling the end of low-volume days.

The after-market news for a new product and the seemingly increasing frequency of press releases all make this look like a stock ready to break out into major action, and sustained action at that. Pullbacks are inevitable but the future look very good.

Paul

[Just checked yahoo. 4/14 was the release of 2nd quarter results, so i guess mid july would be the next surprise, can't wait!]
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