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To: Broken_Clock who wrote (5118)12/14/1997 3:27:00 PM
From: Big Dog  Respond to of 95453
 
Yes, Bear Stearns upped FGII estimates. And here is why -- Like I said earlier, the money that FGII gets for "minor" work right now are at really fat margins. The FGII boys are communicating with the analysts on these numbers, therefore the increase in earnings estimates.

Maybe the down side is there won't be so much of an earnings "surprise" come the week of Jan 20 (next scheduled release of earnings for FGII) -- but it has got to be good when analyst keep raising earnings estimates.

Watch for more positive news from FGII in the next 3 weeks.