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Technology Stocks : PairGain Technologies
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To: margin_man who wrote (29506)3/25/1999 2:49:00 AM
From: NW Bronco Fan  Read Replies (1) of 36349
 
Now that makes sense. She's lowering her S&P earnings forecast for the year by over 3% but increasing the index targets. This just in, earnings are going to suck and we're lowering our earnings estimates for the year, but our index forecasts have already been met so we're increasing them again. This, of course, will be followed by a statement in about 4 months where she lowers earnings estimates yet again so there will be none or negative growth in earnings for the year, and then increase the index targets to represent a year over year a 20% return.
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