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To: Jack Ucci who wrote (3980)2/4/1998 5:27:00 PM
From: James Strauss  Read Replies (2) | Respond to of 7006
 
The Second Qtr...

>>>If they are expecting a flat first qtr ER, then it makes sense to save the acquisition announcements until after this release. If we see more acquisition announcements BEFORE this release, then perhaps investors will anticipate better first qtr results and start generating momentum for an uptrend somewhat sooner. Which???<<<
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Jack:

For better or worse, the first Qtr ended 12/31/97... The recent pullback in price probably reflects the anticipation of flat to slightly profitable numbers... That's why I've been referencing the second Qtr... I believe that will be more reflective of the growth in Earnings that we're looking for... So, after the first Qtr Earnings release is when I expect the beginning of the next upmove, goosed along by other Acquisition and Analyst coverage announcements...

Jim