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Technology Stocks : PWAV- the hot new IPO
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To: JOHN CHEN who wrote (662)1/15/1998 10:00:00 PM
From: Dr. J  Read Replies (1) of 1491
 
Is everybody forgetting that even a small decrease in revenue could slash earnings tremendously? I'm totally confused why an analyst would cut estimates from 1.01 to 97c. Either South Korea cancels orders which makes a huge difference in earnings, or it doesn't and the earnings estimate is still valid. I didn't read the company's announcement as being a "little bit of a problem"...
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