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To: Cary C who wrote (2277)7/3/1998 10:43:00 AM
From: James Strauss  Respond to of 3351
 
Cary:

Thanks for the good Fundamental news...

A look at the charts shows two stories... The daily chart shows the beginnings of an up move... The weekly chart shows a downturn... Usually the weekly is a better determinant of future price direction... This tells me that the price will move between the mid 9's to about the 12.00 area until after the earnings release...

stocksheet.com

Using a forward P/E of 25 we could see post earnings price in the 13.00 area...

The wild card is the contribution of Allstate, etc... That's where the big earnings surprises can come from...

Jim