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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: RCJIII who wrote (4852)3/25/1999 12:50:00 AM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
RC; on ONHN; last 13.13 - .06 on 270k shares; revised earnings forecast for .21 vs. .30/ maybe I'm missing something; why is a lower profit forecast bullish ? Well, anyway, whatever the EPS turns out to be, it's going to be a lot better than a loss of ($1.67) per share like last quarter ! Moving into a profit mode is definitely bullish for ONHN and it's a positive sign showing that management knows how to make money ! regards, sw