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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: torquatus who wrote (14726)1/4/2001 10:05:29 AM
From: TRIIBoy  Read Replies (1) | Respond to of 18998
 
Yes, but it is my opinion that they are going to miss earnings in the next 2 to 3 quarters. Their advertising expense inexplicably dropped year over and sequentially.

Plus, since last fall they have been shopping around their receivables. Which means they know something and have to get rid of it, or part of it. If they announce a shortfall, they could easily start to lose money, as I don't think they are adequately charging off bad debt expense either.