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To: robbie who wrote (29025)12/31/1997 12:12:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
I am off a little in my numbers. I think there have been articles out there that said
management was comfortable with $1.19 earnings in '98 and the one you posted which
said Mory was comforatble with $1.45. Obviously I hope they are comfortable with
$1.45. $1.19 for '98 versus $1.07 for '97 is growth of 11.2% so it wont help the stock
price much if they are comfortable with that even if they make the numbers every
quarter. How do you view the estimates, and what is management in fact comfortable
with?

I believe the statement was to indicate they were comfortable with $1.19. In eithercase, there is growth if estimates are made or exceeded. The market likes them today.

Glenn



To: robbie who wrote (29025)12/31/1997 12:18:00 PM
From: jeff wheatley  Respond to of 61433
 
That $1.45 was an error in the original DJN release which was corrected in a another release a few hours later.



To: robbie who wrote (29025)12/31/1997 12:47:00 PM
From: Larry J.  Respond to of 61433
 
Robbie,

While I do think that 1.45 was a typo and that 1.15 is the number that Ashby intended to state comfort with, 1.45 per share in '98 is a very real possibility.

Larry


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