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Technology Stocks : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?


To: Kurthend who wrote (2316)3/22/1998 2:18:00 PM
From: Shane M  Read Replies (1) | Respond to of 3029
 
Kurt,

According to my database, the current street 98 EPS estimate is $1.90 average of 4 analysts with a high of $2.00 and a low of 1.82.

I've read the analysis of the $1.82 estimate and it calls for a 6% decline in revenues vs 97 and also calls for a slight lowering in gross margins. The 99 Forecast is still very strong (avg EPS est $3.00 of 2 analysts)based on DD recovery.

Hopefully these lowered '98 expectations are already factored into the stock. Certainly I can see this stock going lower, but I can't see it stay lower for a prolonged period. On a valuation basis, there just aren't that many stocks that compare to INVX.

Shane



To: Kurthend who wrote (2316)3/22/1998 10:40:00 PM
From: Douglas V. Fant  Read Replies (3) | Respond to of 3029
 
Kurt, I do not think it matters at this point what INVX earns in 1998-IMO it's already factored into the stock price....

Sincerely,

Doug F.