Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (10737)	12/2/1997 1:55:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 94695

Chip Stocks Estimates: --UPDATE-- Merrill Lynch's Thomas Kurlak cuts 1997 and 1998 EPS estimates on Altera Corp. (ALTR 40 -11 11/16); lowers 1997 to $1.51 from $1.57 a share and 1998 to $1.60-$1.75 from $2.00 a share; cuts Texas Instruments' (TXN 48 3/16 -3 5/8) 1998 EPS to $2.00-$2.50 from $3.00 a share; lowers LSI Logic's (LSI 23 5/16 -1 13/16) 1998 EPS to $1.10-$1.20 from $1.20-$1.30 a share, and cuts VLSI Technology's (VLSI 20 7/16 -2 1/2) 1998 EPS to $1.40-$1.50 from $1.55-$1.70 a share..... Just wonder why Kurlak gets paid!! If I recolect correctly those stocks are already over 25% to 30% down from hteir summer/fall highs Haim

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