Aware, Inc. - Hot or cold IPO? Message Board

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Technology Stocks : Aware, Inc. - Hot or cold IPO?

AWRE 2.540

+1.8%

11:31 AM EST

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To: johnlea who wrote (8607)	4/19/2000 10:20:00 AM
From: Elroy	Read Replies (2) of 9236

Forecasts - I see now why the forecast (7 cents) seemed really low since they made 8 cents in December. Some of the analysts are forecasting fully taxed earnings (Aware isn't paying any taxes yet, since they still have tax loss carry forward), so the analysts are predicting 6 cents fully taxed, which might translate into 8 or 9 cents after tax. Of course, not all the analysts are doing this, but that explains the discrepancy. So.....it makes it really easy to beat "expectations" going forward. Elroy

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