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  Can someone explain whay a company that drops in 2Q jumps 25% in one day ?
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jegan  
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 More options Aug 4 2006, 6:36 pm
From: "jegan" <je...@usamedia.tv>
Date: Fri, 04 Aug 2006 22:36:49 -0000
Local: Fri, Aug 4 2006 6:36 pm
Subject: Can someone explain whay a company that drops in 2Q jumps 25% in one day ?
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The subject line says it all..But this from 23 hours ago:

***Intermec 2Q Net Down 14% On Higher Costs***

Maybe if I goof off at work 14% more I'll be in line for a 25% spot
bonus ?????


 
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mdjack...@gmail.com  
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 More options Aug 5 2006, 12:00 am
From: mdjack...@gmail.com
Date: Sat, 05 Aug 2006 04:00:59 -0000
Local: Sat, Aug 5 2006 12:00 am
Subject: Re: Can someone explain whay a company that drops in 2Q jumps 25% in one day ?
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I was wondering the same thing, then read this in the Bloomberg wire:

" The maker of hand-held scanners said it earned 18 cents a share in
the second quarter. The average estimate in a Thomson survey of eight
analysts was 11 cents."

But doesn't this mean the analysts estimate of 11 cents per share was
even more incorrect prior to the net income dropping 25%? Anyone?


 
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investor_mike...@yahoo.com  
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 More options Aug 5 2006, 12:04 am
From: investor_mike...@yahoo.com
Date: Sat, 05 Aug 2006 04:04:52 -0000
Local: Sat, Aug 5 2006 12:04 am
Subject: Re: Can someone explain whay a company that drops in 2Q jumps 25% in one day ?
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Seems that profit was much lower than expectations and like Mdjack
says, the results were way off from First Call numbers.

Cheers,
Mike


 
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