Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (11078)	12/6/2001 11:17:27 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 99280

Larry: Re: "The earnings part of the equation is based upon the 12 months ahead operating earning estimates produced by I/B/E/S of $55 per share." For starters, that estimate is a joke now. It is dated. Earnings estimates are coming downtown. A fair estimate for next year's operating earnings is in the $46 range. And the estimates keep getting ratcheted down as they will this month and next quarter. This is called multiple compression. Hope that helps <g>.