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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (55638)	4/11/1999 9:46:00 PM
From: Mama Bear	Respond to of 132070

Why shouldn't folks be bullish? We read things like this in today's TheStreet.com: "Despite Compaq's shortfall, the fact remains that quarterly earnings look pretty good." "As luck would have it, it looks like the earnings season that is going to kick off in the coming week will be a good one. If they meet First Call consensus estimates, S&P 500 companies' earnings should grow by about 6%. Since analysts' forecasts generally tend to the conservative as earnings near, and since companies generally guide the analysts a little lower than what they think they'll make (helping to generate the beloved upside surprise), earnings should grow a little better than that -- about 8% or 9%, guesses First Call director of research Chuck Hill. (TSC runs a calendar of earnings expectations for S&P companies thoughout earnings season.)" thestreet.com Barb