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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Haolin Ni who wrote (1242)1/22/1998 6:29:00 PM
From: Brooks Jackson  Respond to of 18691
 
Re: XCIT -- I can't figure this out. Did they beat earnings estimates by a couple of pennies or miss 'em big time?

biz.yahoo.com

Street expected a loss of 25 cents/shr. Company reported "pro forma" loss of 22 cents (excluding merger costs, amortization of goodwill, etc.) but a loss of 47 cents fully diluted under GAAP.

To which figure should the market react?



To: Haolin Ni who wrote (1242)1/22/1998 6:59:00 PM
From: Dante Sinferno  Respond to of 18691
 
<<Did it happen to you before>>

No , first time ever had shares called in , but they have
been hard to borrow enough times that I'm looking for
a second broker.

Rob


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