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Re: miguellara post# 30663

Wednesday, 07/05/2006 5:53:39 PM

Wednesday, July 05, 2006 5:53:39 PM

Post# of 157300
The share price movement seemed directly following the large end of day share transaction last week - whether it was a transaction to help out some short seller or some other transaction, in a time of no news to be released it changed the dynamic of the SP - causing movement.

I would like to hear a NR confirming the profitability targets would be reached for the second quarter, but as noted for the shareholder meeting - Huff was under a lot of new legal pressure not to answer certain questions, and I think that Dumas is now advising strongly that all future NR will be of a more solid nature and possibly that they won'r release the news result on the goals for the 2nd qtr until the 2nd qtr filing.

One final thought on why no news will come out before the filing - GTE is hoping that they can announce that they got the stratellite out within the next few weeks before then, they can avoid the negative reaction to one goal not being reached.
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