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Non-Tech : Action Performance....ACTN -- Ignore unavailable to you. Want to Upgrade?

To: CMS27 who wrote (74)	7/31/1998 11:09:00 AM
From: Stoctrash	Respond to of 278

The number was expected.... .49 was the estimate. You are right though...given the way things look to be going. I'd expect a lot of buyers in the mid/high 20's, if it gets there again.

To: CMS27 who wrote (74)	7/31/1998 12:44:00 PM
From: Tokyo VD	Read Replies (1) \| Respond to of 278

Scott, Last year's number was $0.30 in the same quarter, not $0.08. I had alot of difficulty arriving at the $0.50 number when I divided the net income reported in the press release ($8,548,000) by the fully diluted share count reported (18,766,000). My calculator shows $8,548,000/18,744,000= $0.455 in EPS (rounded to $0.46). Someone else said the estimate was $0.49. That means they missed the EPS by more than $0.03. My question is why isn't the stock down more after such a big miss? (Because management seems to have done the math for Wall Street and screwed up). Tokyo