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Gold/Mining/Energy : Titanium Metals Corp (TIE)

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To: Bob Richmann who wrote ()12/11/1997 8:04:00 PM
From: MCsweet  Read Replies (1) of 229
 
Raised earnings estimates and price goes down

I realize that the Asian crisis has hurt Boeing, which could
potentially dampen demand for TIMT, but still it seems ridiculous
to me that the stock price keeps falling when TIMT is already
cheap, and some analysts have recently RAISED estimates.

TIMT: SALOMON SMITH B increased estimate for fiscal year
ending 12/97 from $2.49 to $2.63 on 12/09/97
TIMT: SALOMON SMITH B increased estimate for fiscal year
ending 12/98 from $3.20 to $3.45 on 12/09/97
TIMT: SALOMON SMITH B increased estimate for fiscal year
ending 12/99 from $4.00 to $4.38 on 12/09/97

Nevertheless, am comfortable sticking with this stock for the long
haul.

MCsweet
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