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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Joe S Pack who wrote (60493)9/10/1999 12:15:00 AM
From: Jenna  Read Replies (3) | Respond to of 120523
 
JVLN.. is a disappointment. "While the company expects to report higher year-over-year revenues and income for the first quarter, Stack indicated that the company expects lower sequential net income during the first quarter of fiscal year 2000 due to seasonality in its European business operations, which account for an increasing portion of Javelin's business, and increased selling, general and administrative costs resulting from the recent management additions. In other words Nat, they ain't making as much money as the figures lead you to believe. I don't know if it will gap tomorrow, but in essence its a 'shortfall' warning and and I would expect a technical bounce, but not sure if tomorrow.

The chart basically told it all but I was hoping for some turnaround.