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Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?

To: still learning who wrote (7223)4/13/1999 5:37:00 PM
From: EyeDrMike  Read Replies (4) | Respond to of 7841
 
first call was for 0.46; they report 0.34;

seems like a problem at hand,

opinions?



To: still learning who wrote (7223)4/13/1999 6:53:00 PM
From: Henry W Singor  Respond to of 7841
 
>>FWIW Earnings whisper shows the "whisper # at .50. We'll see. From here it looks positive even if they missed the whisper #.

I think that whisper number is bogus. When a stock is trading down 50% from it's recent high it must be because people feel that it is not going to meet estimates not because it is going to beat them.
Earnings Whisper = Estimate + 3c is a pretty stupid formula when applied blindly to every company.

Henry


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