PowerCerv - Software/Consulting PCRV Message Board

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Technology Stocks : PowerCerv - Software/Consulting PCRV

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To: Philip G Gibbs who wrote (9)	1/11/1997 10:22:00 AM
From: Alex Wulder	of 46

The latest estimates from Alex. Brown for PCRV's 1996 have recently been reduced to a LOSS of $.19/share. At the same time they reduced the 1997 outlook to $.14, from $.35. That doesn't look very good at all. I would be very disappointed if these figures would turn out to be right. On a positive note: since expectations are this low, a negative surprise is hard to imagine... I must admit that I am more than a little puzzled by the rise in the stock price after the downgrade. Perhaps - this is optimism, again - there are people who know more... -Alex

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