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To: Yeadon who wrote (3879)3/22/1998 1:37:00 PM
From: Moe Damghani  Read Replies (3) | Respond to of 4429
 
Yeadon, This is a terrible report from Lehman brothers that came out
on Friday. It reduced earnings to $1.05 for the year and sighted a
possible miss on the 1Q numbers. I am so glad that I sold 90% of my
holdings. I still think that we'll see high 20's on this but
unfortunately we're heading lower to the 14-15 range first. I'll buy
some more at 14-15 range. The street is waiting for the 2Q numbers
and the forward looking statements relative to MCI/Worldcom, NKT and
Cellcore after the 2Q numbers are released. It seems that with all the negative sentiment on the street, even a good number for the 1Q will not move the stock price much higher than these levels unless some worthy news is announced by the company.

lehman.com