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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Jumper who wrote (7579)11/6/1997 12:09:00 PM
From: paul e thomas  Read Replies (2) of 13949
 
MISSING ANALYST FORECASTS

DDIM is up 57% in sequential EPS.None the less it has dropped another 7% or a total of 30% since 10/29. While part of the fall may be due to investor belief they are paying too much for an aquisition, I belief the real cause is missing the analyst forecast by .01$. I understand a little better now why the Y2K analysts generally have been so conservative in forecasting EPS for companies like IMRS.
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