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To: OldAIMGuy who wrote (3692)5/5/1998 2:34:00 PM
From: Dennis R. Duke  Respond to of 6317
 
Part II of the Merrill Lynch "Initial Opinion", the numbers:

Estimated 1997A 1998E 1999E

EPS $1.37 $1.90-$1.95 $2.10-$2.30
P/E 27.6x 19.7x 17.2x
EPS Change (YoY) 40.5% 14.3%
Concensus EPS $1.93 $2.32

So, are friends at ML are pretty close to the street concensus EPS,
with some wiggle room. Less optimistic on 1999E, but know to be
conservative.

What I really like is the 25, 27 and 40.5% growth numbers in their
report and in the above numbers.

See part I for the related text highlights (post number 3693).

Glad to be here, for now, Dennis