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To: TCGNJ who wrote (7818)11/23/1997 9:45:00 PM
From: Pierre-X  Read Replies (1) | Respond to of 11057
 
Look at the histogram of earnings estimates. You can see that there are two discrete clusters, with the larger cluster in the 1.60 range, and the smaller cluster in the 3.0+ region. The 3.0+ estimates are those that havent gotten around to issuing a revision yet pursuant to the guidance given in the most recent conference call. These are skewing the mean.

PX