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.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (9793)	10/24/1998 8:49:00 PM
From: Sergio H	Respond to of 29382

<Have you an opinion on EY.?> Ken, EY has demonstraded that their turnaround plan is working when they recently came in with a +67% earnings surprise. There is insider buying and they were recently upgraded by Shroeder to Outperform. The dividend is nice also. On the negative side is that there is decreasing demand for their main products, particularly in the U.S. Their new contract with Octel is for distribution to markets other than the U.S. and Europe....what's left is mostly the portion of the world that is suffering from economic problems. The share buyback and the recapitalization plan to reduce debt have helped, but the Co. still has too much debt and not enough earnings growth. Earnings for this year were expected to be negative, but the anticipated growth for next year is about 10% and for the next five years, about 7%. Sergio