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Technology Stocks : Faroudja FDJA

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To: OJS who wrote (138)5/1/1998 10:34:00 AM
From: Douglas Nordgren  Read Replies (1) of 249
 
Hey OJS, perhaps this will explain the sell off? Seems they are just taking into account the loss of S3 licensing fees and adjusting revs. At this point, they can only subtract, not add. I expect further revisions (upwards) when contracts start arriving. A temporary bump in the road, IMHO, and does not reflect the true potential of this company. Of course, downgrade follows revision. I believe BARS was wrong, but what do I know?

ESTIMATE REVISIONS::
FDJA: UNTERBRG TOWBIN decreased estimate for fiscal year
ending 12/98 from $0.22 to $0.01 on 04/22/98
FDJA: UNTERBRG TOWBIN decreased estimate for fiscal year
ending 12/99 from $0.50 to $0.35 on 04/22/98
FDJA: UNTERBRG TOWBIN decreased estimate for quarter ending
03/99 from $0.08 to $0.02 on 04/22/98
FDJA: UNTERBRG TOWBIN decreased estimate for quarter ending
06/98 from $0.03 to $-0.04 on 04/22/98
FDJA: UNTERBRG TOWBIN decreased estimate for quarter ending
06/99 from $0.10 to $0.06 on 04/22/98
FDJA: UNTERBRG TOWBIN decreased estimate for quarter ending
09/98 from $0.08 to $0.02 on 04/22/98
FDJA: UNTERBRG TOWBIN decreased estimate for quarter ending
09/99 from $0.15 to $0.11 on 04/22/98
FDJA: UNTERBRG TOWBIN decreased estimate for quarter ending
12/98 from $0.12 to $0.03 on 04/22/98
FDJA: UNTERBRG TOWBIN decreased estimate for quarter ending
12/99 from $0.18 to $0.17 on 04/22/98

FDJA: BANCAM/ROB STEP changed recommendation from Moderate Buy
to Hold on 04/24/98

FDJA: BANCAM/ROB STEP decreased estimate for fiscal year
ending 12/98 from $0.15 to $0.05 on 04/24/98
FDJA: BANCAM/ROB STEP decreased estimate for fiscal year
ending 12/99 from $0.45 to $0.20 on 04/24/98
FDJA: BANCAM/ROB STEP decreased estimate for quarter ending
06/98 from $0.03 to $-0.02 on 04/24/98
FDJA: BANCAM/ROB STEP decreased estimate for quarter ending
09/98 from $0.06 to $0.02 on 04/24/98
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