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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: azluke who wrote (90432)	7/2/2002 9:41:39 PM
From: Zeev Hed	Respond to of 99280

AW is one of those companies that should benefit this quarter from the elimination of goodwill amortization relative to last year's figure (worth about, I would say a differential of $.30 per share, since with the amortization they were probably at around -$.05 to $.00 earnings, I would assume they will report around $.23/5 or so, or pretty close to $1 on an annual basis, that is why I thought that under $10, AW earnings power should suffice to provide support. The way it sliced through the low could be an indication that something is fishy, or possibly, that institutions are trying to get away from all leveraged companies, and AW is quite leveraged. I'll wait few more days, or a breach of $7.25 to decide what to do with that one. Zeev