Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[Joe Stocks]

Beav- I don't know about this one. Looks fairly priced here. Then there was this statement,

The Wellington, Florida-based company said it expects to report sales of about $650 million for its fiscal year ending February 2003, "reflecting constrained demand due to difficult airline industry conditions in the wake of the Sept. 11 terrorist attacks."

They are looking for 60cents in earnings which they confirmed but only 20 cents in the first half and 60 cents in the last half. Looking out that far with the majority of the earnings coming in late I just can't get excited about their reaffirmation. I think the airlines still have some major issues to work out.

Just my take, Joe