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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: Wizard who wrote (8558)6/22/1998 2:56:00 PM
From: Reginald Middleton  Read Replies (1) of 74651
 
<I agree with your point but don't understand what this correlation has to do with conventional wisdom. I believe few think that EPS by itself means much.>

Actually, I think many do. Analyst consensus estimates are expressed in EPS. Quarterly performance numbers are expressed in EPS. Valuation measuers are expressed in EPS.
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