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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (11715)	8/17/2000 9:20:40 AM
From: AllansAlias	Respond to of 436258

HWP -- when will they learn. Earnings are being sold these days. Another CC that left analysts skeptical and frustrated by spin -- and these guys are not the brightest rocks in the pile anyway. IMO it is simple greed that makes people jump in after-hours. I mean, it's one thing to jump on an issue if it's oversold a bit and the earnings are good, but this is just greed again. They don't want to miss a single point! Would love to see a study since, say, April, of how many after-hours highs have held during the next day. .04 on "currency-exchange gains". Pa-leeeze! Would they have excluded the loss if the dollar were weak? Another .04 was for some exceptional tax-rate gain. Now we are down to .89 instead of the .97 blowout figure. The year-ago figure of .71 had exceptional costs included in it, including A spinoff, so one would expect that figure to be beat from the outset.