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Technology Stocks : Clarify - upside to EPS

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To: jim who wrote (1044)10/17/1999 3:20:00 PM
From: jim  Read Replies (1) of 1062
 
Actually having had a chance to look at this a bit longer, I think it will trend down to about $31-32 over the next 6-8 weeks as the rest of the market shows some seasonal weakness. It will then back up to about $47-48 (will not set a new high) by March and then down through the rest of the year down, as earnings will dissappoint despite some reasonable revenue growth.

We'll see how the next 6 months go, but these thoughts will dictate my option plays (ie if wrong I'll lose some money).
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