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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Sojourner Smith who wrote (4516)10/10/2002 1:07:06 PM
From: Smiling Bob  Respond to of 19256
 
CTEC was caught on NBR.
Overreaction to an earnings shortfall
It had dropped almost 50%
even if they do .25 cents for the year, $5 was a 20 pe- I'm sure relatively low for their industry.
Not looking for much past 7, but who knows?
Institutions own(ed) 50%. Carries weight on the way down

biz.yahoo.com
For the fiscal second quarter ended Sept. 27, Cholestech said it expects net revenue in a range of $12 million to $12.2 million and earnings per share of between 7 and 8 cents.

"They preannounced disappointing second-quarter numbers," said analyst Ryan Rauch of Adams, Harkness & Hill. Rauch had been expecting revenues of $13 million and earnings of 11 cents per share for the quarter.