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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation -- Ignore unavailable to you. Want to Upgrade?


To: ctirry who wrote (1785)7/28/1998 4:12:00 PM
From: kampjoel  Read Replies (2) | Respond to of 2011
 
What we have "heard" is that IAIC missed booking ~$400k in contracts by ~ 2 days.(It would have added another 3 cents/sh, beating estimates).(400k net to them)
So, they missed estimates this qtr. but should have a huge 3rd qtr & so on.
This sector is out of favor, mkt conditions stink, & when you miss estimates, even by a penny, you get creamed !
This may turn out to be a "defensive " holding when many other companies suffer their Y2K problems.
GOOD LUCK...HANG IN THERE!