SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : EDS(GME) Stock

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dave O. who wrote (10)10/25/1996 8:59:00 PM
From: Zeepascal   of 60
 
Analysts are upset because the projected slowdown in the next few quarters was not revealed earlier. I think the lowered stock price is warranted on a growth basis. If the company is going to grow earnings at 15% in line with the industry then a p/e above the general market (around 16) is in line. I don't know what projected earnings for 1997 are but if the market tanks EDS will go down quite a bit with it. Personally I would wait out this quarter and not jump in now since a bounce would only be warranted if management were to say that things are turning out better than they previously stated. Very often a change in earnings strength can presage a fundamental change in a company's business and how management handles these relatively "lean" times can be meaningful.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext