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Technology Stocks : INVX Innovex Comdex Winner !!
INVX 22.05+0.2%Dec 26 9:30 AM EST
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To: Tokyo VD who wrote (2108)1/20/1998 1:44:00 PM
From: Carlson  Read Replies (1) of 3029
 
Tokyo, After listening to today's conference call I believe that the analysts earnings estimates need to be revised downward. I previously noted a range of $2.30-$2.75 for 1998. Based on my own analysis I am expecting $2.00-$2.25 for 1998. This was one of the most tenatiative conference calls from Innovex that I listened to. I think we will see sideways to slightly down action on the stock until we have more visibility.
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