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To: LindyBill who wrote (4929)8/18/1999 10:13:00 PM
From: Mike Buckley  Respond to of 54805
 
Lindy,

By the way, "numbers", do you think that $20 earnings is in sight in 3 to 4 years, as I do?

I have a simple way of testing that idea. $20 EPS is $5 per quarter. The most recent quarter had $.86 pro forma. At what growth rate rate will the Q have to increase quarterly EPS to get to $5?

Answer: 11.6% avverage quarterly growth.

If you think that can happen, you think $20 annual EPS is attainable in four years. I don't think it's inconceivable but I do think the company will have to execute very well.

On the other hand, just one quarterly increase each year of about 45% like the last one and it makes it a lot easier to achieve average quarterly growth of 12%. :)

--Mike Buckley



To: LindyBill who wrote (4929)8/19/1999 9:28:00 AM
From: Uncle Frank  Read Replies (1) | Respond to of 54805
 
Dancelot & Merlin, Can you help me identify the basis of some our assumptions on Q's fy'00 earnings?

Q's last earnings report shows pro forma earnings of .75, but I remember "another pro forma" number of .86. Where did the extra .11 come from <my dreams>?

What forward cgr did we compute for earnings and revenues?

I seem to remember one of the houses projecting $4.50 for fy'00; do you remember who that was?

Frank