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To: Iceberg who wrote (13896)	3/31/1998 6:45:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

Ice, many short term traders have hard and fast rules about not owning through an earnings announcement. It does seem that the risk is greater than the potential reward as stocks seem to drop a lot more on negative earnings than they rise on positive surprises. If you own a stock for more than trading reasons, such as investing, then you need to consider the FA and TA as a whole and not based on one earnings period. As this thread tends to be a flipping or short-term trading thread, i think the prevailing philosophy is to not hold thru earnings. Larrry