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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (7249)9/30/1999 8:40:00 AM
From: Uncle Frank  Read Replies (1) of 54805
 
Re LWIN/Russia, a 50M write off comes to >.30/sh., and yet Q still says they will meet or beat the analysts' consensus of .88. This means Q's proforma earnings could be as high as 1.18. Since valuations are based on forward looking projections, shouldn't this have positive implications?

Q is up 1 in pre-market trading.

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