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Technology Stocks : Circuit Systems (CSYI) -- Ignore unavailable to you. Want to Upgrade?


To: majaman1978 who wrote (38)12/4/1997 8:55:00 PM
From: kolo55  Read Replies (2) | Respond to of 51
 
Probably sold off on expected poor earnings report from Sigmatron.

One of their customers, Sigmatron came out with a bad earnings report this morning, following an earnings warning several weeks ago. CSYI also owns a fair number of Sigmatron shares. Basically Sigmatron earned 9 cents a share versus 45 cents a share a year ago. Sigmatron also predicted a weak quarter this upcoming quarter.

This company doesn't report earnings until practically the last day they can; but we should get a report in the next 10 days.

Paul