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Technology Stocks : PEGA - Pegasystems
PEGA 59.12+0.3%Nov 7 9:30 AM EST
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To: Bill Harmond who wrote (70)7/8/1997 10:30:00 PM
From: Adelantado   of 504
 
If there is a consistant earnings surprise, doesn't that indicate that the analysis don't know what they are doing? Maybe there should be a second order earnings surpirse figure: that is: if the earnings surpirse are consistantly 50% better than the estimates a less than 50% earnings surpirse would result in a price drop. I guess I'm just thinking outloud, again.

Joe.
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