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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: Trey McAtee who wrote (3412)5/18/1998 2:14:00 PM
From: E.J. Neitz Jr  Read Replies (3) | Respond to of 6565
 
Negative Analyst Action-Zacks

Zacks now shows that in the past month, two analysts went from a strong buy to a moderate buy and a hold. Also, Gruntal was the first firm to decrease eps for the current qtr. They went to .08, and are now at the low end of estimates----the high estimate is .40 for the qtr, with the mean at .16---so it looks like lots of room for new eps downgrades from other brokers--not a good sign in the short term. Looks like were going lower--darn.

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