Sorin, on the S&P report you posted (thanks), have you noticed that the 1998 earning estimate does not add up in math ? The high end is correct. But the low end estimate ($1.00) is not. When you add together the four quarterly earnings ($0.23, $0.25, $0.29, $0.33), it gives you $1.10, not $1.00. And the 1998 average "consensus" does not add up either. It should be higher if the quarterly estimates are correct.
Unless there are typo errors involved or I missed something I don't understand, it seems even S&P has underestimated our 1998 earning power by a math error. Would you please check into this ?
In addition, do you (or anybody who can help) happen to have their quarterly revenue data ? I'd love to see the number of lasers these estimates have figured into (using quarterly revenue divide by approximately $441,000/each). I bet these numbers reflect approximately 400 lasers for 1998, not the upside (up to 600) as the company insisted. Thanks. |
