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Technology Stocks : Triquint Semiconductor (TQNT) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Power who wrote (409)2/12/1998 12:50:00 AM
From: DDS-OMS  Read Replies (1) | Respond to of 995
 
Not too sure how well received this earnings report will be. The earnings from operations were down 38% compared to year ago quarter. The reason was only 2 cents below 4th Qtr 96 is more income from "other" sources, and income tax credits. Inventory rose and accounts receivable rose--not good signs. Lot of selling late today--volume doubled in the last hour or so and closed down. Usually this is from leaked information and gives a clue as to whether or not earnings are good or bad.

I expect a sell off in the morning--although not as bad as ANAD.