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To: Bazmataz who wrote (259)5/14/1998 6:43:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
Baz, I think OPMRF's earning report was disappointing from two fronts:

1. Below estimate of -$0.09 but the reason is known - due primarily to heavy than expected investment in infrastructure.

2. Nothing said about IBM deal or other store adopting the U-Scan system other than reinforcing what is known about the Kroger story.

Net, I think the market may not be good to OPMRF tomorrow. If it breaks below $11, it is likely going to single digit, IMO. However, I have seen stranger thing happens, like a stock bounces back upon the bad news released since the steam cover has been lifted. Tomorrow should be interesting. However, I would not be buying tomorrow unless they are releasing some other news. Short term cautious, long term hold.