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Author: Robert628496 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 62  
Subject: Re: Earnings Date: 7/13/2007 12:31 PM
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Mostly, just wanted you to know someone was reading....

Thanks, Doug. That helps to know. The stocks I seem to be most interested in are ones which no one give a hoot about: AIR, NATH, VSEC, STRA.

One reason I like the Tiny Gems NATH and VSEC is that there is no analyst coverage. Therefore, there are no expectations. We can judge performance on its own terms and not in terms of whether or not they meet or exceeded expectations. I think the reason we saw no movement in AIR after this earnings release is because they barely beat expectations. The results were very good and, on their own terms, should have propelled the price up. But the market seems to react more to how the company did with respect to expectations than with respect to the actual results.

Best,
Robert
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