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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Lynn Goodman who wrote (2688)7/30/1999 2:22:00 PM
From: Mr. Park  Respond to of 5041
 
Lynn,

The stock is falling due to earnings changes by LEHM. This was on the same day they issued their bullish report on ISLD. What a great underwriter they have been for ISLD.

In the long haul I think we will see a brighter future but as of now it feels like catching a falling knife.

GNET is having some troubles and if they aren't corrected a swoon down is imminent.

Best Regards,

Icy



To: Lynn Goodman who wrote (2688)7/30/1999 3:38:00 PM
From: Mr. Park  Read Replies (1) | Respond to of 5041
 
Lynn,

My personal take is that the market makers are expecting earnings to exceed the PRESENT estimates. In this current quarter, according to first call LEHM lowered estimates a (.06) Thus this leaves TREMENDOUS room for a surprise on earnings. But it isn't really a surprise. When revision is that dramatic there is always a surprise and incidentally a pop.

Look at MMPT and you will see what I mean.

Icy
BTW----NFF...HALT THIS MOFO


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