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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Done, gone. who wrote (7272)10/29/1997 8:53:00 PM
From: paul e thomas  Read Replies (3) of 13949
 
IMRS ANALYST EARNINGS FORECAST UPGRADE PREDICTION

I have calculated my estimate of the Dec quarter Financials based upon the unusually detailled forward looking comments made by the CEO during the Analyst conference call this week. This forecast is built around a comment that contracts in hand will result in 30mm$ in billings. Based upon this and some cost projections based on the quarterly report I project the after tax margin will improve from 15.0% in the last quarter to 16.1%. This translates to .21$/share based upon the shares at the end of the quarter. The current FIRST CALL forecasr is for .14$ per share for both the December and March quarters. I believe the analysts will raise the December quarter earnings forecast to at least .19$ within the next two weeks.It is generally believed that prices move whenever Analysts change earnings expectations.I plan to buy additional IMRS shares as a result of this analysis. I also plan to sell all my SEEC shares as a result of reading the SEEC quarterly report which showed no sequetial sales growth.Fortunately I have a 75% gain on a large fraction of what I will be selling.
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