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To: jjs_ynot who wrote (2724)12/1/1998 2:40:00 PM
From: Bob Rudd  Read Replies (1) | Respond to of 3627
 
Dave: I think HS is indicating 18% earnings growth going forward [Not just 99] thru a combination of realizing synergies [cross-marketing and cost savings] and selling stuff that doesn't measure up to buy back shares. Rebuilding credability is critical, so expect him to do whatever is required to exceed those targets.
I think estimates for the S&P growth are high..and I don't think anyone expects S&P earnings to grow at anything near 18% ongoing 2 to 5 years out. Most doubt the $52 for next year.
Thanks for your comments,
Bob