SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CHRZ - What is the near term outlook? -- Ignore unavailable to you. Want to Upgrade?


To: Jason M who wrote (396)10/9/1999 11:57:00 AM
From: Benchman  Respond to of 443
 
I've been gone all week. I just saw the press releases. I would have thought the market would have reacted more positively to this. I see that CHRZ was up almost a point Monday, but has come down since then. Maybe people are waiting for the details before they jump on board?

Rob



To: Jason M who wrote (396)10/22/1999 9:58:00 AM
From: Benchman  Read Replies (1) | Respond to of 443
 
What a roller coaster ride this morning. Pre-market ask was 10!! The stock ended up opening in the 11's, and is now only 1/16 down!! I was ready to buy more in the 10's, now I'll just sit back and watch this unfold.

CHRZ announced today that they will earn less then expected this quarter based on a one time restructuring charge. This occurred because of there change over to an "E-Solutions" company. I guess after everyone one's gut reaction to the earnings part, they felt this was a positive? Maybe without the charge, they would have beat estimates? I will have to look.

Rob