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To: wpckr who wrote (148)7/22/1998 2:35:00 PM
From: Jeff Mulder  Read Replies (1) | Respond to of 185
 
<< But it seems a bit unusual to see the stock value cut in half over remarks like that. >>

You're surprised? I'm not. It's SOP for tech stocks. ADIC made a similar announcement and its down 30% today. Or look at what happened to AFCI at the beginning of the month.

I owned a little Rainforest Cafe when the company announced same store sales had dropped a couple points, and the Street cut that one in half. Still hasn't recovered, despite continued growth in the 40% - 50% range.

- Jeff