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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: Sparky Beardslee who wrote (2890)	11/20/1997 6:38:00 PM
From: LzzrdKing	Read Replies (1) \| Respond to of 7396

from motley fools: <<WPI Group (Nasdaq: WPIC) lost $4 9/16 to $7 7/16 after the diversified industrial company said it will report a fourth quarter loss due to taking a restructuring charge and because it will not take a gain on a sale of assets as was expected. The company makes handheld programmable terminals and computers tailored to harsh environments. The company will take some restructuring charges related to its purchase of Husky Computers, a maker of handheld computers. The expected loss will be the first in the company's history. The company was expected to earn $0.17 a share for the quarter and $0.92 a share for the year. Assuming that year-end estimates drop by 20%, the company will trade at roughly 10 times forward earnings estimates, which puts WPI close to the cheap side of its historical valuation.>>