IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: flickerful who wrote (3531)	9/5/1997 4:42:00 AM
From: rairden	of 11555

Worries me that earnings estimates are falling like a rock. That StockSmart page is the first place I've seen a collected listing of past earnings estimates for current year. Cut-and-paste follows: [ $0.29 - 07/21/97] [ $0.30 - 06/23/97] [ $0.33 - 06/17/97] [ $0.36 - 06/16/97] [ $0.43 - 06/11/97] Date of their newest estimate is 24-July: $0.27 Am I reading something wrong?? (It's getting late...) With $0.02 last quarter and $0.03 estimated this quarter (2nd Q ends in 3 weeks), I'm worried about where this sequence converges. We'll get there eventually, but might have to give it yet another year. Prepare to average down. I'll try to support the price at 10. <grin> That would be a P/E of 50 if we make $0.20 this year.

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