SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: James McMahon Jr. who wrote (3894)10/20/1998 8:18:00 PM
From: Jim Switz  Read Replies (2) | Respond to of 5944
 
Not necessarily a joke, but speculation for sure. It seems obvious to me that a major goal for the quarter is to not show an operating loss. If they break even or make a penny or two, it'll be an upside surprise, which will likely push the price up another point or so. We'll just have to wait another 44 hours, but I have a feeling the string of negative surprises will be broken at 3.

On the other hand (there's always another hand this year), I remember the runup in the price just prior to the April 30 earnings report, and the immediate fall beginning the day after.