Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Lost in New York who wrote (19028)	7/12/1998 2:51:00 PM
From: Mang Cheng	Respond to of 45548

Barron article q y mentioned : ************************************************************** July 13, 1998 Hope Springs Eternal Although Wall Street analysts repeatedly have sliced their 1998 earnings estimates, they're expecting a wondrous revival in corporate profits in 1999 and 2000. The sectors listed below have been ranked according to how their growth rates in '99 are expected to outdistance their growth rates in '98. While analysts anticipate a snappy comeback in energy-sector earnings, they predict that health-care profits will grow at a slower pace next year. Estimated earnings growth Sector 1998 1999 2000 Energy -14.8% 17.9% 23.5% Technology 1.4 29.6 17.9 Transportation 1.2 20.0 32.1 Basic materials 2.6 24.1 38.4 Utilities 2.8 7.6 10.9 Consumer staples 10.6 16.0 19.0 Communications services 13.0 19.5 23.4 Capital goods 14.0 18.0 17.7 Consumer cyclicals 8.5 10.0 20.4 Financial 12.0 13.8 15.0 Health care 16.7 15.2 17.1 Profits, Profits Everywhere These big-cap companies are expected to increase earnings in '98 and '99 by more than 25% each. Estimated earnings growth Company 1998 1999 2000 WorldCom 121% 120% 42% International Paper 29 110 79 Boeing 169 87 22 3Com 1 81 49 NA Tyco International2 36 36 24 Dell Computer3 45 33 NA Columbia/HCA 51 32 12 HBO & Co. 41 30 32 1 Fiscal year ends the following May. 2 Fiscal year ends in September. 3 Fiscal year ends the following January. If the Street's seers have read the entrails correctly, these woebegone issues will redeem themselves with dazzling earnings growth in '99. Estimated earnings growth Company 1998 1999 2000 Union Pacific -66% 314% 69% Compaq -60 213 27 Motorola -57 130 12 Weyerhaeuser -17 86 76 Clear Channel Commun -11 74 32 Burlington Resources -47 39 39 Unocal -28 36 30 Texaco -29 30 NA Source: I/B/E/S International