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To: j. w. kampfe who wrote (604)7/2/1998 1:27:00 AM
From: gmccon  Respond to of 3187
 
If there are any other Market negatives in the next few trading days, or if the sector is hammered by negatives, this puppy will see the 9's, easy.

What was built into it's current price was not so much the .07 they expected this Q, but the .20 they were expected to earn next Q and the 1.14 they were supposed to earn next year.

The fact that all of that is now out the window or up in the air, at best, is what will drive this stock down into single digits.

No real promise for sequential growth is a death warrant. All just my opinion, of course.



To: j. w. kampfe who wrote (604)7/2/1998 7:22:00 AM
From: RCVJr  Read Replies (1) | Respond to of 3187
 
It's been a while since this stock has seen single digits...I would agree that anything under 12 or so and I might take a small position and follow it with close stops. Might even be worth looking for a dead cat bounce today....picking the bottom though is always tough with a stock like this. Oh well, guess we will see in a couple of hours.


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