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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP) -- Ignore unavailable to you. Want to Upgrade?


To: rod runyan who wrote (554)7/29/1998 6:01:00 PM
From: joseph cheng  Read Replies (1) | Respond to of 2365
 
any idea on the action tomorrow? looks like newz is moving in the right direction. I think that the earnings estimates were a bit too aggressive and should have been revised. the street was looking for a 70% increase in performance over last quarter (-.17 vs -.05).

All in all they increased eps by 47% (-.17 vs -.09). Not too shabby, but the market usually punishes the stock if you don't make the estimate.

Joe