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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: cirrus who wrote (48113)6/3/1999 10:03:00 AM
From: Jim  Respond to of 90042
 
IDTC: Earnings were announced last night. Check the IDTC thread. EPS were only .01 less then estimate but revenue was up BIG time. Profit was down because of all the activity setting up more business in Europe. Read the report.

The stock has opened sharply lower, but I think this is just in reaction to the lower earnings. When people see the revenue numbers, and expansion plans, I think it will be OK.

JMO