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


To: TATRADER who wrote (1620)1/27/1998 10:54:00 AM
From: Dale Baker  Read Replies (2) | Respond to of 18691
 
Mark, I covered AFCI just over 27. Good call. Here are two from Briefing which I haven't looked into yet:

10:04 ET Benchmarq Microelectronics Inc (BMRQ) 11 1/4 -2 78: Company warning of a flat 1st qtr, citing problems in Asia and seasonal volatility. Says Asian customers are taking a cautious approach to placing new orders and will be deliberately keeping inventories low to control their costs.

09:42 ET CFM Technologies (CFMT) 12 3/8 -3 9/16: Chip equipment maker expects to report a Q1 loss on a sequential decline in revenues due to the delay of a shipment to a Korean customer. Moreover, given the current environment in Asia, the company expects Q2 and Q3 earnings to be below analysts' expectations.