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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur who wrote (3978)	10/27/1998 12:04:00 PM
From: Jim Switz	Read Replies (1) \| Respond to of 5944

Upward earnings revisions. Looks like the IBES estimates have been revised within the last day or two, no doubt based on last week's earnings report and conference call: nasdaq.com Current quarter consensus is now $0.13 vs. prior $0.11 - my personal estimate is $0.15 at the moment (see my previous posting #3945 for my rationale). Looks like the analysts are being pretty cautious about upward revisions, but I wouldn't be surprised to see a couple more in the next month or so - particularly that low estimate of $0.07 which is starting to seem 'way too low. For the first time in months, the number of upward revisions exceeds the number of downward revisions - about time!