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Non-Tech : Wit Capital Group Inc - (Nasdaq - WITC) -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (584)7/9/1999 7:51:00 PM
From: mact  Read Replies (1) | Respond to of 845
 
does anyone know who started those rumors regarding their earnings being positive rather than negative?....any basis to these claims?....would be nice though.

mact



To: Henry Volquardsen who wrote (584)7/9/1999 11:36:00 PM
From: PAL  Respond to of 845
 
Want to start an earnings pool? <g>

Earnings pool could be detrimental to the stock price. Right now there are only 2 analysts covering the company and there is no whispers number. Any speculation from us might be taken as a whisper number, and since most of us are overly positive about the company, naturally the most optimistic view is presented. Should Wit come up with earnings short of the speculated number, the market might take it as missing expectation. Learn from the Dell thread. The earnings pool has been discontinued when it was possibly a negative force. Let us just wait and be surprised.

Best regards

Paul