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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Seuss who wrote (34204)	5/4/1999 12:53:00 AM
From: Larry Abrams	Read Replies (2) \| Respond to of 122087

Bearish on LRW too: Results too good to be true. After doing my DD, I understand now why analysts so missed earnings. It seems that last year there was a real seasonality factor in their revenue and earnings. Jan-Mar. quarter is winter and little construction goes on in winter and a big segment that LRW caters to is the construction industry. So last year, estimates were -.03 and actual was .01. So this year, analysts assume seasonality factor continues Estimates for 1Q99 were .02. But, lo and behold, actual comes in at .16 Absolutely amazing. Too good to be true?? Or was there a lot of construction going on in much of the country in Jan-Mar due to a light winter? Or has LRW found other segments to make up for the demand for temps by construction in the winter? I am not sure. But, I plucked down some dough and now own some LRWQGs Would be interested in any other take on why LRW blew out estimates? "Blew out" is mild. Beat estimates by 1700%!!!