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Technology Stocks : HDCO - Why sudden dip?

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To: Doug who wrote (415)3/26/1998 12:32:00 AM
From: Douglas V. Fant  Read Replies (1) of 572
 
Doug, Needham & Co follows the ECM's very closely. Actually they issued a "strong buy" on both HDCO and AFLX, FWIW.

I just got back from a trip and I see that BARS reduced its estimates for HDCO to $3.50 for FY98 ending 10/98 and to $4.81 for FY99 ending 10/99, and also estimated 20% annual eps growth for the next five years moving forward, which is down a bit from the mean estimate of 25% currently....

Sincerely,

Doug F.
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