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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Iris Shih who wrote (18491)11/22/1998 8:17:00 PM
From: Clint E.  Read Replies (1) | Respond to of 67915
 
Iris, same opinion as Sept. to early Oct time frame, I think MOT was a good buy in the 40s and low 50s but it is getting pricey up here. It is now trading based on 2H/99 earnings(...same as many other stocks).

I think that analysts estimate of 23c for the next quarter is a joke. I expect to see a decrease of at least $56M in SG&A expenses from the previous qtr. that would equal to 10c/shr. Moto should do at least 34c before charges(if any) but I wouldn't be surprised to see a number as high as 37-39c.

Clint