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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?

To: bob who wrote (4529)	4/1/1999 10:51:00 AM
From: Bald Eagle	Respond to of 10309

Well, I doubled my position at 17 5/8 this morning. So, my average is about 20 now.

To: bob who wrote (4529)	4/1/1999 11:16:00 AM
From: Don Lloyd	Read Replies (1) \| Respond to of 10309

All, Can anyone make any sense of the reported quarterly EPS estimates for WIND? According to a Schwab report derived from First Call, the Quarterly EPS trend is as follows - Actual - FY99Q2 - $0.14 FY99Q3 - $0.17 FY99Q4 - $0.20 Estimates - FY00Q1 - $0.14 FY00Q2 - $0.18 The same trend shows up in the Annual EPS numbers, as follows - Actual - FY1998 - $0.43 FY1999 - $0.61 +41.9% Estimates - FY2000 - $0.77 +26.2% FY2001 - $1.06 +37.7% Unless there is some unknown stock dilution being factored in, these estimate numbers don't make any sense in the absence of any real business degradation. As hard as it is to believe, there is some reason to suspect that the estimate numbers are the result of an incorrect split adjustment. In particular, the estimate numbers appear to have been adjusted for a 2:1 split instead of the actual 3:2. If all the estimates are corrected by increasing them all by a third, the following is the result - Actual - FY99Q2 - $0.14 FY99Q3 - $0.17 FY99Q4 - $0.20 Estimates - FY00Q1 - $0.14 -> $0.187 FY00Q2 - $0.18 -> $0.24 Annual Actual - FY1998 - $0.43 FY1999 - $0.61 +41.9% Estimates - FY2000 - $0.77 +26.2% --> $1.027 +68.4% FY2001 - $1.06 +37.7% --> $1.413 +37.6% What am I missing? Regards, Don