Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: bobster who wrote (12261)	2/20/1998 1:34:00 PM
From: JZGalt	Read Replies (1) of 95453

<< I'm convinced that most of time when an analyst revises an estimate, up or down, it is usually not enough. I'm also convinced that this is a big component of what drives stock prices.>> Agreed. You might also expand your research toolkit to include earnings surprise. It doesn't matter in the longer run if analysts move the estimates up unless the company meets or exceeds the numbers on a regular basis. One of the reasons that DELL and CSCO are amongst the darling of the street is they beat the numbers. Doesn't hurt to have great earnings growth. ;-) <<P.S. Where is your post on OBV and Money Flow. Must have missed it.>> exchange2000.com ---- Dave

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