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To: High-Tech East who wrote (11294)10/14/1998 5:09:00 PM
From: marginmike  Respond to of 64865
 
Good earning's are not going to equate to a much higher price. I wish I was wrong. However AAPL and INTC had strong result's and the stock went down. This whille Phizer and Merril post bad number's and go up. I just hope expectation's arnt so high that any earning's is a let down. I think when we will be at about 52-53 in next two days im bolting. Any comment's?



To: High-Tech East who wrote (11294)10/14/1998 6:09:00 PM
From: Charles Tutt  Read Replies (2) | Respond to of 64865
 
I think your prediction is optimistic. Value Line is predicting $.50, and I think they've been pretty close in past quarters (of course, that's no guarantee of future results). FWIW, I think the stock will sell off on Friday regardless of what they report, with options expiring.

Of course, that's all JMHO, and not any kind of advice. I've been wrong (frequently) before.


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