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Technology Stocks : IBIS -- Ignore unavailable to you. Want to Upgrade?

To: UFGator93 who wrote (159)	8/6/1998 10:18:00 PM
From: Fred Puppet	Read Replies (1) \| Respond to of 301

I hope you were able to short some more today. Soon shareholders will realize the significance of the last quarter. The sales were by far the greatest in the company's history, and yet they had an operating loss. The only reason they posted a penny a share profit was due to interest on cash. This was the quarter were a lot of shareholders were hoping for a significant profit. If they can't make a profit in the best quarter ever, they'll never make a profit. IBM is not going to go buying two implanters every quarter. Future quarters will have lower sales, which will guarantee losses. In a few weeks, I expect to see the earnings estimates reduced.