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Technology Stocks : WCOM
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To: VFD who wrote (5573)1/6/2000 9:22:00 AM
From: Robert Scott  Read Replies (1) of 11568
 
Lehman lowers revenue estimate for WCOM:

Just heard on CNBC that the analyst reduced revenue estimates for 2000 from 15.2% to 14.4%. This is consistent with another analyst who lowered estimates to 14.5 Dec 1. This explains the price pressure of late. Still WCOM trading at around 26X 2000 EPS estimates - a bargain in this market.
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