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To: Douglas V. Fant who wrote (23419)6/4/1998 3:48:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 95453
 
Good point Doug! According to the latest Value Line estimates (May 29), ESV is expected to generate $3.00 per share in cash flow. To put that into perspective, the company is expected to earn $2.45 in 1998. So even if the decrease in earnings expectations down to around $2.25 decreases cash flow dollar for dollar we'll still be looking at cash flow of around $2.80 per share.

TTFN,
CTC