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Technology Stocks : C-Cube
CUBE 37.23-0.3%12:59 PM EST

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To: DiViT who wrote (28764)1/26/1998 3:21:00 PM
From: Robert G. Harrell  Read Replies (2) of 50808
 
David,
Apparently Zack's has only heard from ONE analyst, so far, who has reduced earnings. The following showed up on my Zacks overnight service:
CUBE: BANCAM/ROB STEP decreased estimate for fiscal year
ending 12/98 from $1.25 to $1.08 on 01/23/98
CUBE: BANCAM/ROB STEP decreased estimate for quarter ending
12/98 from $0.35 to $0.32 on 01/23/98
CUBE: BANCAM/ROB STEP made new estimate for fiscal year ending
12/99 of $1.42 on 01/23/98
CUBE: BANCAM/ROB STEP made new estimate for quarter ending
03/99 of $0.34 on 01/23/98
CUBE: BANCAM/ROB STEP made new estimate for quarter ending
06/99 of $0.36 on 01/23/98
CUBE: BANCAM/ROB STEP made new estimate for quarter ending
09/99 of $0.36 on 01/23/98
CUBE: BANCAM/ROB STEP made new estimate for quarter ending
12/99 of $0.36 on 01/23/98

Is this necessarily contrary to the good news you heard on the conference call if you assume the results of the good news don't really kick in 'till the second half of the year?

Bob
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