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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Investor2 who wrote (6840)8/14/1998 1:23:00 PM
From: Boca_PETE  Read Replies (1) of 42834
 
I2: RE: <1999 Earnings Estimates>

From the August 12, 1998 S&P Outlook, following are calculated percentage increases in 1999 estimates over the current estimates for year 1998, by index:

S&P Index for:
-500 Composite (+16.8%)
-Industrials (+19.7%)
-Transportation (+23.3%)
-Utilities (+12.9%)
-Financial (+14.1%)
-MidCap 400 (+20.0%)
-SmallCap 600 (+21.5%)
-SuperComposite 1500 (+22.8%)

Dow Jones Industrials (+23.6%)

Looks like the analysts are a little (to say the least) optimistic for 1999. What do you think ?

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