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Technology Stocks : FTIC - Forensic Technologies
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To: wpckr who wrote (103)6/22/1998 3:30:00 PM
From: Andrew Furst  Read Replies (1) of 118
 
The "downward revised earnings" were for the current quarter, lowering expectations from 23 cents/share to 22 cents - BUT - this year's overall forecast was raised by a penny, from 88 to 89 cents/share, and next year's earnings raised from $1.04 to $1.07 per share. Overall, I have to like the changes in forecast. Perhaps the lowering of expectations for this quarter is a way to have an upside surprise, as you have surmised. FTIC looks like a very good buy right here at $15/share. biz.yahoo.com
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