SI
SI
discoversearch

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 : OBJECT DESIGN Inc.: Bargain of the year!! -- Ignore unavailable to you. Want to Upgrade?


To: GUSTAVE JAEGER who wrote (2327)10/1/1998 11:33:00 AM
From: hasbeen101  Read Replies (1) | Respond to of 3194
 
I think part of the reason for the recent amazing stock price decline is that the consensus for 1999 EPS has dropped from 26 cents to 22 cents:

quicken.excite.com

I remember back in the good old days when the estimate for 1998 was 30 cents. Now the analysts don't even think that will be possible in 1999.

It would be interesting to know why the consensus has dropped. Perhaps it's just because of the very undertain outlook for the global economy.

22 cents next year would be a reasonably lackluster performance. I wonder if ODIS management offered any guidance to the analysts who downgraded?