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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?

To: Starduster who wrote (3328)	9/4/1998 8:58:00 AM
From: Emec	Read Replies (2) \| Respond to of 15094

Had an interesting chat with a friend this morning. He covers about 100 stocks closely. Out of the 100 stocks, some 90 of them will not meet estimates over the next 12 months and will have their earnings estimates lowered. This is why the market is taking everything down. Wall Street does not expect earnings numbers to be reached. HDIE is one of the stocks he follows that should beat estimates and have their earnings estimates for next year revised significantly upward. In a market like this, companies that have upward revisions stand out like a sore thumb and attract money. Stocks generally trade at forward multiples. A good example is TMAR, a stock I did well on last year selling at about 19 I think. It is 6 and change now. A great company but in the oil service segment, the hardest hit in last 6 months. It is trading at 2.8 times earnings. Why? Because nobody expects TMAR to earn $2.00 per share next year so stock was taken down. When oil prices inevitably go up, earnings will be revised up again and stock will move back up. Once anticipated news comes for HDIE, earnings revisions will follow along with new coverage and the stock should trade at its new forward multiple. It should be an interesting day to say the least. Rumors are out there of news next week. Of course, as always, there is no guarantee on timing. Investors are once again faced with the question of whether they want to be out of the stock over the weekend and perhaps miss the big day Tuesday. Each of us must make that decision. There is no decision for me to make since HDIE is cemented in my portfolio