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Non-Tech : United States Enrichment Corporation (USU) -- Ignore unavailable to you. Want to Upgrade?


To: Terrapin who wrote (52)4/9/1999 8:03:00 PM
From: Michael Burry  Read Replies (1) | Respond to of 81
 
A part of that great sucking sound you hear is money headed for the internuts and away from companies like USU. IMO,the company is an absolute bargain here. But it just broke 13, so I'll be patient. I already own a smallish position. I for one am hoping it goes to 6! The dividend now clears 8% and is safe.

Mike



To: Terrapin who wrote (52)4/12/1999 3:19:00 PM
From: Edwarda  Respond to of 81
 
The weakness may have to do with the company's reporting lower fiscal third-quarter earnings based on the timing of orders for separate work units, that have been pushed back to the fourth quarter. Mild weather has also reduced earnings from earlier expectations.

However, note that the fourth quarter, with its higher SWUs, should be better than expected. Thus, the full-year estimates aren't moving.

This lumpiness of the earnings pattern is likely to continue into the foreseeable future.

TTFN