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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (32887)6/19/2001 3:38:38 PM
From: Johnny Canuck  Respond to of 69352
 
Based on their cash from last Q and their current burn rate there is about $4.00 to $4.50 of cash per share. The fact they have not warned yet, means they probably will not. They still have about a week, but it is getting more and more unlikely. The Q ends at the end of June. They are still coming off a low base, so the number should be easier to make. There forward guidance would indicate if we get more than just a bounce.

This may explain some of their confidence.

15:29 ET Enron Corp (ENE) 44.60 -0.10 (-0.2%): Company reiterates strong confidence in its earnings outlook. After reviewing the recent FERC action on price controls in the western U.S., company still very confident it will meet Q2 and full yr consensus estimates of $0.42 and $1.79, respectively.



To: xcr600 who wrote (32887)6/19/2001 4:00:21 PM
From: Johnny Canuck  Respond to of 69352
 
Oops. cash per share of AVCI $3.80 to $4.40. I used the wrong share count. I have 49 mil shares outstanding.



To: xcr600 who wrote (32887)6/20/2001 1:01:01 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69352
 
Hi x,

Do you have the block trading tape for JNPR for today?
It was pinned today in a narrow range just above the April low. The upgrade today seemed to have generated some interest. It would be interesting to see if it was the last of the institutions unloading.

biz.yahoo.com