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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (21377)1/14/2003 6:51:18 PM
From: MulhollandDrive  Read Replies (1) of 57110
 
i think it depends greatly on the earnings guidance after we get this quarter's reports....

the market has already priced in continued growth...fourth quarter was estimated by first call at 11.1% (that would be the 3rd quarter in a row of earnings *increase*)the estimate for the first quarter is 11.2%...but if the guidance is weak, we'll start hearing talk again of the double dip.
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