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 : EDS - Recent pullback a buy opportunity??? -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Liberty who wrote (1208)11/2/1998 5:27:00 PM
From: Dave O.  Read Replies (1) | Respond to of 1841
 
Dan,

< It appears that the street thought the report was better that it was so the stock rose and pulled back >

Traders ran it up to 44 after the close last Thursday when they thought the numbers were much better than they were. Once the 0.09 gain was understood the net was 0.35 beating estimates by a penny. The one bright spot I saw was that non-GM numbers looked decent. There's still a lot to overcome with GM representing over 25% of the business.

Dave