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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Cheryl Galt who wrote (236)6/16/1997 3:06:00 PM
From: Mark A. Stang   of 430
 
Zack's--

Thanks, Cheryl, I can't tell when Zack's updates its estimates, but here's what they have today:

Consensus estimate for current fiscal year ( 12/97 ) : $ 0.63 per
share
Consensus estimate for next fiscal year ( 12/98 ) : $ 0.88 per
share
Consensus estimate for current quarter ( 06/97) : $ 0.13 per
share
Last quarter's actual earnings :$ 0.14 per share
Last quarter's EPS Surprise: 75 %

The current quarter estimate matches last week's First Call.

Drop to 6 3/4 today is sort of mind-boggling. I suppose a stock that has had three consecutive upside surprises could have a downside surprise, but even so it's P/E and PEG ratios will be remarkably low after next quarter.
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