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TurboChef (Almost) Flames Out
By Rich Smith (TMFDitty)
May 16, 2006

Last week was a lot of fun for TurboChef(Nasdaq: OVEN) investors (not).

First, the company missed both analyst revenue and earnings guidance, reporting sales of $9.5 million and losses of $0.17 per share, which were, respectively, 23% and 31% worse than analysts had already feared. In response to the news, shares fell more than 10% in after-hours trading on Wednesday -- only to rebound sharply once the markets reopened the next day and close out Thursday at their pre-earnings report price! .....
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