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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (38471)	7/9/2010 1:35:53 AM
From: Spekulatius	Read Replies (2) of 78744

re GS - >>It stretches credibility to think that suddenly a week after the quarter ended she managed to synthesize all those numbers, drop her previous estimate of earnings for the quarter by more than 60% , all without the blessing of someone from Goldman.<< I doubt she got any blessing from GS for the numbers. I think she needed a newsblip or she was asleep at the while and waited too long to adjust their numbers for the changed situation. Credit Suisse estimate is 1.7$/share for the quarter, so she is not that far off consensus at it seems. Either way I don't think that the earnings for the quarter matter so much for GS stock price.

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