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To: Gayle Riggs who wrote (8087)7/16/2000 5:06:18 PM
From: claude cote  Respond to of 10309
 
Found this on the Smallcapcenter.com site:

Japanese consortium backs Linux

smallcapcenter.com

cc



To: Gayle Riggs who wrote (8087)7/16/2000 7:54:46 PM
From: James Connolly  Respond to of 10309
 
Gayle,

At the analyst day guidance was given of $0.51 earnings for the year with revenue growth at 37% (see presentation). That was on the 19th of June and the stock jumped the next day (the 20th) to above $42 showing that it was taken positively. The next day or after (the 21/22) the stock started going down which was less than 2 days after that guidance was given. I find it hard to believe that the business outlook could have changed in this small time period.

Regards
JC.