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


To: Tom Hua who wrote (5280)3/19/1998 4:41:00 PM
From: put2rich  Respond to of 18691
 
<<Since BFIT is expected to post a loss this quarter and may be next Q too, the dilution
will help reduce the loss per share, thereby providing an opportunity for a positive
surprise <g>. >>
Tom,
According to Yahoo Research the estimates (before this news) for : current Q ended in March is -0.02, this year 0.42 and next year 1.21. The recent rise in this sucker due to 3 strong buy & 1 buy recomendations and the posted estimates in earnings. Now with the dilution of 12% and if it does not drop then investors are nuts. Just hang on w/ my shorts.