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To: Piranha who wrote (12794)5/20/1999 10:59:00 AM
From: Piranha  Read Replies (2) | Respond to of 16960
 
The Wedbush revised numbers just came out. The discussion section
was essentially what we've already heard on the CC, so I won't bore
you with it. The only real opinions expressed were:

1) Bright outlook far outweighs short-term losses
2) Stock is significantly undervalued based on earnings projections

And here are those projections:

1Q 2Q 3Q 4Q FY
---- ------- ------- ------- ------- -------
2000 ($0.14)A $0.06 $0.46 $0.58* n/a**
2001 $0.66 $0.56 $0.70 $0.76* $2.63*

12-month price target was $42.

* On the actual report, the 4Q numbers for both years are presented
in a strikethru font. Not sure what he's implying here. The F2001
total of $2.63 doesn't add up to the quarter totals, which might be
related.

** The report actually says n/a on it. If you add up the
numbers, you get $0.96, but I didn't want to put numbers in the man's
mouth.

Piranha