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Microcap & Penny Stocks : KLOC: wishing on a star
KLOC 0.00Oct 4 5:00 PM EST

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To: George Armstrong who wrote (169)10/11/1996 1:48:00 AM
From: Khris Vogel   of 581
 
George, it's just an analysts' estimate, not the actual results.
I don't know if the estimates are going to be high or low or dead-on w/ respect to the actual results, but keep in mind we can't be talking about more than 1 or 2, 3 max, analysts that follow a co. of KLOC's size. With the pool of analysts that First Call surveys being small, the effect of just one analyst getting nervous can cause a significant ripple, %-wise.
And, by golly, results sometimes come in above analysts' expectations. That is even more possible with a smaller number of analysts.
It's nice to know that about First Call's report, but w/o the reason why an analyst upgrades or downgrades his or her estimate, we're shooting blanks.
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