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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Wallace Rivers who wrote (2455)12/3/1997 8:23:00 AM
From: Tom M  Read Replies (2) of 8358
 
Wallace re <year over year analysts estimates now project declining earnings>.
Please post your data and source.

Hoover's: Year end Feb '98: 1.56 (we know that's a miss)
Year end Feb '99: 1.97 (projected Increase of 26%)

Yahoo: Year end Feb '98: 1.58
Year end Feb '99: 1.96 (projected Increase 24%)

We know they'll miss for this year, and probably lower next year's targets,
however the "percentage" change of year over year earnings will most likely
remain a proportional 24-26%, or at least positive, from my interpretation.

regards,
Tom
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