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Technology Stocks : Cyberian Outpost (Symbol: COOL) -- Ignore unavailable to you. Want to Upgrade?


To: KS who wrote (1577)6/23/1999 7:38:00 AM
From: Tom Hofmann  Respond to of 1932
 
Agree. It wasn't a wildly positive surprise, but it wasn't bad. The shorts are afraid of losing their shorts, so they're hyping doom and gloom. I'm hearing 8, 7 even 6 on Yahoo. A 50% reduction in stock price when you've met earnings #'s and have a reason for revenue shortfall seems , ah, just a tad excessive.(Who would emphasize a certain number like that but a short, who has a target. ) There may be a bit of a dip at open, but I think over the next few days it will be the shorts(panic mongers) that start to panic.
The apple and compaq issues (out of the company's control) also help explain the concern one analyst (from Legg Mason I think) had about repeat customers dropping. Those repeats may be in the June report as the powerrbooks and compaqs are shipped.