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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Dave who wrote (75585)11/30/1999 11:54:00 AM
From: R.E.B.  Read Replies (1) of 90042
 
What if CS turned in earnings of 20 cent per share? That's earnings of 36 million from about 450 million in revenues. Yes, its not likely, but it's possible. And you have to weigh that against a "sell on the news" situation. Also, don't forget that for the 4th quarter, CS will record the sale of flowpoint. Even though the gain on the sale will be an extraordinary event, none-the-less, the technicals of CS with the additional earnings from the sale of flowpoint will look great; eg. lower PE ratio; higher current ratio; stronger balance sheet; higher book value per share; higher stockholders equity.

I think we will see steady growth in our stock price through February, 2000, at least.
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