Parisian Family Office, CEO. Started Wall Street, '82. Drexel Burnham alum. Founded Chippewa Partners, Native American Advisors, '95. Chippewa, raised on reservations. Conservative. NYSE/FINRA arb. Pureblood. Independent insight. Trading WON/CANSLIM methodology from PAMELOT, TN farm, GHOST RANCH, MT, on Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, will always be, a relentless optimist with radical gratitude.
Thursday, July 27, 2006
More divergence ....................
Arris Group shares fall on second-quarter results (11:31 AM ET) SAN FRANCISCO (MarketWatch) Arris Group Inc. ( ARRS )shares were down 20% at $9.59 in mid-day trade Thursday after reporting second-quarter results late Wednesday. The Suwanee, Ga.-based provider of broadband local access networks reported earnings of $24.8 million, or 23 cents a share, up from $7.3 millon, or 8 cents a share, in the year-ago period. Excluding items, profit came in at 24 cents a share. Revenue rose to $220 million from $162.2 million. Analysts polled by Thomson First Call had forecast earnings of 23 cents a share on revenue of $214.9 million. The company expects third-quarter earnings of 20 cents to 24 cents ashare on revenue of $220 million to to $230 million. Analysts are looking for a per-share profit of 25 cents on revenue of $216.8 million.
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