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Technology Stocks : PUMA Technology -- Ignore unavailable to you. Want to Upgrade?

To: Lutz Moeller who wrote (817)	11/21/2000 1:12:15 PM
From: Wayners	Read Replies (1) \| Respond to of 851

Expectation for revenue was 10M they came in with 9.9M. I think thats the reasl reason. I chart the revenue and I can tell you that 9.9 versus 10M is so minimal it still looks like a straight line. IMO the revenues are still growing nicely but what the short term traders are looking for isn't straight line revenue growth but rather guidance for the next quarter that the revenue line will be higher than the straight line. The chart of PUMA backs this up. At the end of the their fiscal quarter in Jan 00 they obviously gave out guidance that their next quarter was going to show greater than straight line growth. Sure enough after earnings the price rose rapidly from $40 ultimately hitting $100. The revenue guidance likely was adjusted about that time from being much farther above the line to something still above the line but not as great.