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To: S. M. SAIFEE who wrote (3715)8/31/1999 1:38:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 10027
 
SM,

3Q is getting easier to meet/beat. 4 analysts have now revised down (while maintaining a BUY rating). These analysts have picked .38 (3 of them) or .36 (1 of them). With that, the current first call mean is now .39 (it had been .41).

There are still another 5 analysts left out there, with the highest at .45. These remaining analysts will revise down after August is over, and that should bring the mean down to .38. Suddenly, we have a very meetable/beatable number.

Gary Korn