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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Ironyman who wrote (2059)4/29/1998 8:59:00 PM
From: Richard Mazzarella  Read Replies (2) | Respond to of 34075
 
Eric, the only possible negative is that expectations raised by the company will not be fulfilled if they don't report results tomorrow, the market hates uncertainty and punishes disappointment. However, a delay doesn't necessarily mean poor results. There is no point delaying the inevitable. IMO any delay is because there are unresolved issues that require more work before a report is provided. The net effect will be disappointment and a small selloff, but those certain of future success will see any weakness as one last chance to load up.