SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?


To: Arrow Hd. who wrote (7257)8/7/2001 12:50:06 PM
From: Wayners  Read Replies (2) | Respond to of 8220
 
I expect their sales growth to be negative, projecting the downtrend in revenue growth forward from the last 2 quarters, as measured year over year. They managed 8.5% EPS growth last quarter, but that growth has been slipping for 2 straight quarters, and taken with the expected decline in revenue, there's no way that this next quarter won't be below 8.5%. Based on the drop in revenue growth last quarter from nearly 9% to just under 0%, and the corresponding drop on EPS growth, I'd expect near to zero or low single digit growth for the next quarter. At no growth whats this thing worth....book value? I don't know why but last time they had negative growth, it never went below $85.