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Technology Stocks : GSLI Lumonics
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To: pat mudge who wrote (30)2/22/2000 3:30:00 PM
From: BMcV  Read Replies (2) of 328
 
Pat,

All I know is that last Q estimates were for a loss of 1 cent and they came in with a gain of 6 cents. Estimates for this Q are 9 cents. Based on the fact that once earnings momentum turns, repeated earnings surprises often follow, my simple-minded guess is for 12-15 cents. All the factors mentioned previously (especially ESIO's positive preannouncement and good report) strengthen that scenario.

Also, the stock has performed so well since Nov 4 (last earnings announcement), when it was around 6, that it has to make you think the turnaround is real.

Good luck

Bruce





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