Two words come to mind: Outstanding and awesome !
Thanks Satish, I guess I will have to watch that invterview.From reading the company news release,a few things caught my attention,let's call them the key points shall we? and they are:
1.Unit growth 2 1/1 times better than the industry average,while increasing profitablity. 2.Enterprise business accounted for 37% of sales. 3.Strong outlook for 98,despite the Asian thing. 4.Earnings for the full year 97 fully diluted, exluding a one time non-recurring charge of some 252 mill dollars associated with the merger etc,i think.(no idea as to whether the analysts estimate are on a fully diluted basis or not and that makes a lot of difference,dont it?) First call estimate was .83/sh pre-split, i don't know what the whisper number is. Zacks had them at .84, and IBES at .83.
For the full year Zacks had $2.70/share, IBES at 2.68/share and the acutual number of course is $2.69/share on a fully diluted basis.
With our luck probably the idiot analysts will think this not good enough and may punish the stock.It could happen. |