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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: rod runyan who wrote (36831)	4/28/1999 12:17:00 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

CKFR..Of course you didn't mislead. CKFR was pretty upfront with their report.. They could have done what EGRP did and just put off any desire for profit but they didnt. It was confusing but on a number of places I saw that $0.04 was the est and $-0.01 was the actual. All this is pretty moot when you see what EGRP did, and the stock soared but the street expects earnings surprises even if they are not really earnings. The fact that CKFR should go into good profitability by the end of 2000 doesn't really hold that much weight with the street. These are internet stocks after all and the future is pretty intangible. This might be an opportunity to get a good stock at a cheaper price or a good swing trade after the inevitable tug of war begins tomorrow. I've got 300 shares after a year of solid gains in this company so I'm not worried. But I really like this company and I would have liked to see it soar like it deserved to.