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Technology Stocks : FSII - The Worst is Over?

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To: rairden who wrote (2196)9/2/1998 12:22:00 AM
From: Donald Wennerstrom  Read Replies (1) of 2754
 
Out of the 41 stocks in the group, FSII is the only one that has its Fiscal Year ending in August. Since that milestone has just occurred, the finance department will be busy toting up the pluses and minuses for the quarter and the year. As I recall, reporting of the results will occur in about 6 weeks time.

Does anyone have any "guesses" they would like to share on how the results will come out. I just checked First Call and they have a rather "tightly grouped" estimate of anticipated results. Seven analysts have provided estimates. For the quarter, the spread goes from -0.14 to -0.17, with a mean of -0.15, and for the year goes from -0.30 to -0.33 with a mean of -0.31.

I haven't heard any pre-announcements so I assume the results will not be significantly worse than estimated. We can always hope they will be somewhat better, however.
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