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To: Madharry who wrote (4052)9/16/1999 7:08:00 PM
From: Gary Korn  Respond to of 10027
 
From knight-sec.com the current First Call earnings estimate, as of 9/15, is .36 for Q3 (down a penny from the earlier average). I guess this includes the new BBRS .31 number, but not other impending revisions. The new average estimate for 1999 is 1.52, so the company now trades at a 1999 P.E of under 19.

Also, H&Q is new coverage, initiated on 9/16, and they are calling for .33, so that too will bring the average down.

Gary Korn



To: Madharry who wrote (4052)9/16/1999 8:33:00 PM
From: oilbabe  Read Replies (1) | Respond to of 10027
 
Armin: Yes, I made a similar reference the other day on this thread. Lets just hope that NITE rebounds in the same way as MU. As I said the other day, this stock will respond to volume increases, hopefully to be seen in the 4thQ, just like MU responded to the increased DRAM pricing. As we sit here, MU is approaching an all time hi, and as a long suffering shareholder, there were long months there when NO ONE believed it would ever get there.


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