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Non-Tech : Gulfstream Aerospace GAC -- Ignore unavailable to you. Want to Upgrade?


To: Carmine Cammarosano who wrote (178)10/20/1998 10:08:00 AM
From: Creighton C. Smith  Read Replies (1) | Respond to of 197
 
What happen today? Trading halted in the middle of day?

Trading was halted due to news pending. Since it happened after earnings were announced, I can only assume the halt was for the announcement of the expansion of the existing pact with Executive Jet. (Nothing like a $1.3 billion worth of announcement to cause a brief stoppage of trading! If you haven't read the brief, do so. Good news. Link to: gulfstreamaircraft.com )

earnings look better than good, they look great!!

Yeah, beat estimates by 8% and everything. Gonna be fun to watch GAC over the next couple days.

Regards,

Creighton