Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: drsvelte who wrote (37381)	2/11/1999 6:56:00 PM
From: VLAD	Read Replies (2) of 95453

One other point: I am looking at the 1999 earnings estimates for FLC and I see that there are 16 analysts placing estimates with the lowest being .21 and the highest being 1.30. How does one explain such an insane deviation where one analyst thinks the earnings are going to be over 600% higher than another analyst? I guess that it all boils down to one thing ie that they are not analyzing anything and they are paid only to be guessing the average price of oil in 1999.

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