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Technology Stocks : Telxon (TLXN)
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To: James Petersen who wrote (69)5/7/1997 11:06:00 PM
From: Dwane Houghtaling   of 378
 
Looking at today's results I was pleasently surprised this was the only thing that didn't go down, for me. Looking at Zacks at http:/www.ultra.zacks.com/cgi-bin/ShowFreeCompRep I got a second surprise: 2 of three analysts rate TLXN as a moderate buy and is rated 9 of 12 companies in the industry.

Now comes the part that puzzled me somewhat. The earnings estimate for the current fiscal year is $-0.20 per share. However, the estimate for the current quarter (both 3/97) is $0.26 a share. Were there some big losses in the previous quarters that would account for this? Or is it something simplier like, I'm just reading it wrong.

Thanks.
Dwane
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