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To: shortlong2 who wrote (8754)	2/25/1998 12:05:00 AM
From: Eric Yang	Read Replies (2) \| Respond to of 213173

My question is, what do they mean when it says the "mean" estimate ? Bill When an estimate is not nice then it's called a mean estimate. Usually they are made by pissy analysts..;-) Bill.."mean" is just another word for "average" Eric

To: shortlong2 who wrote (8754)	2/25/1998 8:14:00 AM
From: Bill Jackson	Read Replies (1) \| Respond to of 213173

shortlongalso, A mean is related to an average. So if the analysts all predict the future price and you pick the price where there are just as many above as are below then that is the mean.If you add all the numbers together and divide by the number of analysts you get an average. If you then watch the trades and include the volumes to get a dollar amount and then divide it you get an average. In general when they have 20-30 analysts all making remarks the mean really means the average of whatever those analysts pick. In statistics mean, median, average, arithmetic average all are similar but differ in subtle ways. When I took stat in 1960 I knew those defs cold. But now they are vague from disuse. I suspect there is a financial term glossary on the web somewhere that would define these terms with more precision. Bill