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Technology Stocks : Spectrian Co. (SPCT)

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To: Area51 who wrote (692)5/11/1998 10:33:00 PM
From: Doug (Htfd,CT)  Read Replies (1) of 738
 
Detailed earnings estimates at Yahoo Finance tell an interesting story ... over the last 90 days, consensus estimates for this year (Mar 99) have fallen from $1.42 to 49 cents, and forecasts for the June 98 and Sep 98 quarters have fallen from the mid-teens to losses.

Yet the consensus for Mar 00 has held at $1.15, while 7/9 analysts say "hold". The other two say "buy" or "strong buy."

If this means that the analysts are planning to pile back this coming winter, when/if/as the Asian flu wears off, we may see some impressive rise in share price as the Mar 00 earnings come in about double of the Mar 99 earnings.

Doug (no position in SPCT, but admiring its ride)
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