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Technology Stocks : Digital Equipment Corp. (DEC) -- Ignore unavailable to you. Want to Upgrade?

To: MrBluff who wrote (2747)	1/20/1998 9:36:00 AM
From: vegetarian	Read Replies (1) \| Respond to of 3276

>>M. Carter, what can you be thinking? Please be factual here or tell the folks exactly where to find your source. This seems like an attempt to discredit by suggestion. I believe sales and earnings are anticipated much improved over the forseeable future.<< Its not that I care about what some one with a name MrBluff thinks about my posts or care to respond to a rant of this sort but since the link has not been posted here it is. I was only trying to point pout the inconsistency between the news and the price movement to alert longs, doing proper research is your job not mine. dljdirect.com ------------------------------------------------------------------- Digital warns Asia will hurt Q3 - analysts BOSTON, Jan 15 (Reuters) - Citing ongoing problems with its Asian markets, Digital Equipment Corp warned analysts to expect third quarter earnings about $0.20 below consensus forecasts, analsyts said. "Analysts are going to have to take down their estimates by about $0.20 for the third quarter," said Gary Helmig, an analyst with SoundView Financial Corp. "The problems they are having with Asia and the exchange rates, they are not expecting that to clear up any time soon." Analysts expected third quarter earnings of $0.64 per share, according to First Call, before Digital advised them to lower their estimates to about $0.45, analysts said. REUTERS Rtr 13:28 01-15-98 Copyright 1998, Reuters News Service

To: MrBluff who wrote (2747)	1/20/1998 12:33:00 PM
From: stock bull	Read Replies (1) \| Respond to of 3276

I believe Carter is essentially correct. Check out the news that was released with the earnings report. Palmer said that the forecasted earnings were 22 cents to high. DEC also said that the second half of this year would be "strong". This is from my memory, but Yahoo should have the news releases on their site. If they don't, call DEC and get a confirmation from the IR people. In any event, the stock is now up 1 7/8, so I guess the earnings revision isn't hurting the stock's price. Stock Bull