FreeMarkets Inc-(FMKT) Message Board

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Technology Stocks : FreeMarkets Inc-(FMKT)

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To: SgtPepper who wrote (348)	5/11/2000 8:22:00 AM
From: wooden_nickel_2000	of 414

LOWERING THE BAR AGAIN... The new current published consensus earnings forecasts for FMKT are for a LOSS of $1.40/share in the year 2000, and a LOSS of $1.18/share in the year 2001. These loss forecasts have increased in the past 90 days. For the year 2000 the forecast loss has gone from $1.18 to $1.40 and for the year 2001 the forecast loss has gone from $.97 to $1.18. Not a very good trend. The loss forecast 90 days ago for the year 2000 ($1.18) is now what the forecast loss is for the year 2001. Not a good trend at all. In fact, a bad trend. The losses are increasing. The game is to increase the LOSS forecast so that when the actual earnings loss is published, FMKT can say "we beat the forecast again". What a crock... There are no "secret numbers" here. All this consensus information is available on Yahoo.

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