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Technology Stocks : JPM Co. (JPMX, formerly JPMC) -- Ignore unavailable to you. Want to Upgrade?

To: Roadkill who wrote (150)	1/27/1998 6:44:00 PM
From: Instock	Read Replies (1) \| Respond to of 157

Motley Fool Reports JPMX News Jan 27, 1998 (6:23 PM ET) - The Motley Fool Evening News QUICK CUTS: JPM Co. (Nasdaq:JPMX - news) plunged $8 1/4 to $12 1/4 after the manufacturer of cable assemblies and wire harnesses for computer, datacom, and telecom companies reported Q1 EPS (before a charge) of $0.15, down 40% sequentially and below the Zacks mean estimate of $0.31. The company said that it expects revenue growth for the second quarter to be below growth seen in the quarter just ended. I think we could see another 15% drop over a few days. Of coarse, like any beat up stock, more bad news could be on the way and make the fall even greater. Being the Largest Percentage drop on the Nasdaq will get the company some Bad Press and mention on " The Nightly Bus. Report" and on CNN's "Money Line" which should only add to the drop potiential. IMO Instock