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To: RADAR ))) who wrote (4536)1/16/1998 12:09:00 AM
From: James Strauss  Read Replies (2) | Respond to of 4701
 
Were Earnings Disappointing???

>>>Any thoughts on ROMT. Posted dynamite earnings yesterday and today, hit a new high today, and then fell back to close lower than the open on double volume??????? Talk about selling on the good news. The earnings and revenues were hugh!!!!!! Any thoughts you, Jim or others might have would be greatly appreciated.<<<
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Radar:

Even with the good Earnings release ROMT had its first negative MoneyFlow day in quite a while... EPS of .07 for six months implies .14 for 12 months... At a P/E of 20 you get a price of about 2.80...

The TA implication is that investors are disappointed with the earnings, and that the stock may be fairly valued based on anticipated EPS of about .14...

Jim