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Strategies & Market Trends : Three Amigos Stock Thread

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To: LTK007 who wrote (5851)	6/11/1998 11:06:00 PM
From: LTK007	Read Replies (1) of 29382

Waitress 24 post regards DHI--her posts are always significant--- Jun 11 1998 10:35PM EDT Talked to the CFO two days ago before the stock price move. He mentioned that he was quite comfortable with $1.50 for fiscal year 1998- meaning that target would be easily exceeded. He also mentioned that the order rate for May was in the mid-30's after a high order rate in April as well. I mentioned that if the order rate growth continues at these levels won't earnings for next year grow at a rate equivalent to the order rate. he mentioned that earnings would probably grow higher than the order rate because the trend is for revenues to grow faster than expenses because of price increases. While the order will probably slow somewhat in the future. earnings estimates for this stock are way too low. With mortgage rates coming down, the institutions are lookings for a sure bet in earnings with no Asia exposure. Hello DHI!

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