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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Teddy who wrote (30361)	10/5/1998 9:07:00 PM
From: Robert S.	Read Replies (1) \| Respond to of 95453

Short article on Uncommon Value Stocks with focus upon FLC: cyberinvest.com

To: Teddy who wrote (30361)	10/6/1998 12:25:00 PM
From: RGinPG	Read Replies (1) \| Respond to of 95453

I'm always amazed at how far behind the analysts are in their earnings revisions. They never increase or decrease them fast enough to keep pace with what is going on. I laugh when money managers say watch the earnings revisions and if they're positive buy, negative sell. What foolishness (I've found out). The stock usually falls significantly before the estimates are revised downward and visa-versa. I've seen this in the disk drive makers (took a loss), the chip makers (took a bath), and the drillers (got drilled). As a matter of fact, while these stocks were falling hard they were still giving them positive estimate revisions. I imagine they will be way behind again when the earnings turn around on the way up too. The stock price performance is predictive of estimate revisions, not visa-versa (at least in this sector). osxstocks.com