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Technology Stocks : APAC Teleservices

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To: DD™ who wrote (154)9/10/1997 12:28:00 PM
From: Robin T. Miller   of 231
 
If I'm interpreting the press release correctly -- prior to APAC's announcement, the street was estimating $0.17 EPS for the 3Q. Now, APAC has said the 3Q will produce $0.04 - 0.06 EPS, a drop of 77% - 65%. When they made the announcement the stock was trading at roughly $16.

Does that imply that the stock could go as low as $3 3/4? I hope not! Does anyone have access to individual analyst reports -- I'd like to see how they are interpretting APAC's press release for the long-term given that my analysis is merely for the 3Q and probably overly pessimistic/incorrect!
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