Etec Systems moving up Message Board

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Technology Stocks : Etec Systems moving up

ETEC 0.150

0.0%

Sep 8 5:00 PM EST

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To: Eric Jorgenson who wrote (76)	11/22/1996 2:46:00 PM
From: Roger Brown	of 1279

Eric: After perusing the WSJ this morning i highlited this stock as the only one worthwhile to look into...Listened to the conference call...was impressed... Does the eanings estimates of $1.93 not include a full 35% tax ...what was the tax rate this Q...couldn't locate a statement of operations delineating this... So we just had .28 (really) and we should expect .55 as an average for the next 3 Q's to make $1.93??? Something just seems a little awry but i'm sure this can be expained... Even at .28 annualized ($1.12), this stock is trading at an annualized PE of 25 which for a growing company such as ETEC seems like a good deal...What am i missing?? What's up with the .80 and the .78 EPS for the 2 prior Q's??? What did they sell??? Or is the WSJ Briefing book just plain incorrect...

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