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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

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To: Bob Trocchi who wrote (1804)8/1/1998 11:25:00 AM
From: ctirry  Read Replies (1) of 2011
 
I'll try to oblige. You are estimating earnings of $2 million for the next 4 Q's. That averages out to 7.5 cents per share per quarter. Now if that is in fact all they are making for the next 4 Q's we are not going anywhere. However I expect that earnings will be much better. CR estimates are, I believe, much better. I assume that business will be increasing until after 2000. Now let's assume earnings of .25 this quarter and .75 for the next three quarters. (At that point we will be at March 1999 when I expect y2k will be quite newsworthy). If that is the case then earnings for the next 4 Q's are $2.50 per share or 17 million! I'll let you calculate P/E ratio's...

On another note one cannot look at IAIC's price drop in a vacuum. ACLY, basically a tool company, announced a loss expected instead of the profit they anticipated. Look at where their stock went. Apparently they had troubles with their y2k tool.
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