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Technology Stocks : WDC/Sandisk Corporation
WDC 140.23-8.9%3:59 PM EST

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To: Binx Bolling who wrote (12644)7/7/2000 5:27:31 PM
From: Jim Greif  Read Replies (3) of 60323
 
Thread,

In case anyone is interested, I just checked EarningsWhisper.com. They list the consensus earnings estimate as 22 cents and a whisper number of 26 cents. That's going to be hard to beat. With the brouhaha lately in the semiconductor field, I am afraid that the only way to be noticed is to break through the whisper number.

I know no one wants to hear this, but I think that a number of 24 cents will only move us a little bit. I said the same thing last quarter, when the earnings came out higher than estimates but below the whisper. Everyone of the thread jumped on me immediately, but, sadly, I was right. I think that beating earnings estimates consistently is the sign of a great company, but the Street seems to demand an awful lot these days.

Any other thoughts?

Have a good weekend, all,

Jim
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