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Technology Stocks : Excel Communications
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To: Mr. Miller who wrote (2591)3/26/1998 6:33:00 PM
From: Joe Williamson  Read Replies (1) of 2806
 
Zacks short term recommendations are based on recent analysts earnings revisions, I believe. Apparently the last revisions have been downward which would cause them to rate it a sell. It doesn't mean the stock will go down of course, but it is likely to if they miss the reduced earnings estimates. I have no knowledge of what any of the estimates are; my comments are more from knowledge of Zacks.
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