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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: TEDennis who wrote (4116)7/3/1997 2:14:00 PM
From: paul e thomas   of 13949
 
TED, It is time to be thinking about capitalizing on the next round of earnings reports. I believe CHRZ will be the first to report on about July 21.After the last conference call I estimated the June earnings to be .41$ versus .16 in the March quarter. I am probably too optimistic but I believe I will be closer to the actual than the analysts forecasting an average of .18$. The analysts were 20% too low the last time. In studying the CHRZ chart I noted that the rapid rise since late march when the price bottomed began about 3 weeks prior to the earnings release. Since my short term technical indicators have mostly turned positive in the last 2 days I increased my Chrz holdings 67% today.If cash is available I will buy more if the price moves up and again after the analyst call assuming it is as upbeat as expect it to beI
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