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To: RGinPG who wrote (14661)3/12/1998 10:36:00 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 95453
 
RG,
Thanks for the information on analyst's earnings revisions for MDCO and ESV. I wasn't going on the revisions but the rate of earnings growth for this quarter. The figures I have are $0.56 vs $0.26 for ESV (+ 115%) and $0.36 vs. $0.20 for MDCO (+80%). Do these match your estimates? If history is any indicator, there will be more analyst revisions after the next earnings announcement. I'm betting that if ESV shows greater growth, their earnings estimates will be revised upward again. In any case, if they show stronger growth for 1Q earnings, their trailing PE will become comparatively lower. Perhaps MDCO's growth rate will be higher later on, but that's hard to call now. ESV's relative advantage in trailing PE and upcoming earnings is good enough for me.
Baird