Re: [CANSLIM] PPDI Prevailing Wisdom on Earnings Announcment

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] PPDI Prevailing Wisdom on Earnings Announcment
Date: Thu, 28 Mar 2002 08:41:02 -0500

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Steve,

As for "prevailing wisdom", for well over a year, more like 2 years or so,
seems investors sell on earnings news regardless of whether they meet or
beat "official" forecasts, or meet or beat even the whispers.

This stock is a great example of why I tend to look at sequential earnings
more than year to year (Y2Y). On a Y2Y basis, they have good percentage
gains. But on a sequential basis, they are close to being flat.
EarningsWhisper does not give a whisper # yet, but does show analysts
forecast at 26 cents (which seems low if they are to meet full year forecast
of $1.23). That means that they will be up slightly sequentially, but down
on a Y2Y basis. During 2001, they had a weak year to compare to. In 2002, by
contrast, they compare to a much improved year.

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
- ----- Original Message -----
From: "Steve F" <stevepdv@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Wednesday, March 27, 2002 12:31 PM
Subject: [CANSLIM] PPDI Prevailing Wisdom on Earnings Announcment


Recently bought PPDI,

Yesterday they announced that earnings will be
announced after the close April 17, including a
webcast, a conference call,  etc. etc.

What is the prevailing wisdom?   Do I hold or get out
pending the call. They seem to be making a bit of
unusual noise about this announcement.  The $8.00
commission with Ameritrade is certainly not a factor.

I am about even as of today.

Steve

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