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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: John Sikora who wrote (9307)2/3/1998 3:38:00 PM
From: paul e thomas  Read Replies (3) of 13949
 
CHRZ OUTLOOK

CHRZ hit my earnings forecast of .28$ versus the analyst forecast of .23$. I expect .34$ for March quarter. The analysts will be raising the current forecast of .24 to probably .30$.This revision should provide further reasons to test the 48$ 52 week high sometime in next week or so. I have long term ( 12-18 month)price target of 70$ for CHRZ. The conference call is worth listening to for information on the longer term strategy for CHRZ. I am much less comfortable about their chances of executing their long term strategy, in a shareholder value sense ,than I am about IMRS achieving theirs. If anyone has a question about the basis for my reservations please let me know.
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