Zeev's Turnips Patch-No Politics (ZEEV)

[hightecheast]

<<When do you expect LSCP's earnings?>>

Interesting you should ask this question now ... I just bailed out at a small loss.

In reading over the last four earnings releases this morning, I noticed that the last one on October 27 called for FY 2004 EPS of $0.62 to $0.65 and $0.75 to $0.80 for FY 2005. This is a huge deceleration in earnings momentum, perhaps caused by having to expense stock options this year.

I wish I had noticed this before. It may be a better short than long here.

I am still long NEM, own GOLD calls, own S&P puts, I'm short the XLF and short KRB.

My bearsuit is on ... [G]

Ken Wilson