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To: Glenn D. Rudolph who wrote (53919)9/9/1998 9:12:00 AM
From: Mark Duper  Read Replies (1) | Respond to of 61433
 
futures down 3.80 and int'l markets mixed.

quote.yahoo.com

Sup.



To: Glenn D. Rudolph who wrote (53919)9/9/1998 5:29:00 PM
From: SpecialK  Read Replies (1) | Respond to of 61433
 
Glenn,

NBMS changes est to 1.19 and 1.70, which indicates 41% growth in earnings from 98 to 99 and then states LT earnings growth rate at 25%?
They say Strong Buy, but 25% growth X 1.19 for 98 gives me $30 target, which is lower than we are now. 25 x 1.70 next year gives me $42.50 which is still lower than we were at the start of the day.

I don't understand this. Please explain.

Ketan


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