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To: Morgan Drake who wrote (30600)5/22/1999 8:00:00 PM
From: Mike Buckley  Read Replies (2) | Respond to of 152472
 
Morgan,

), if that extra 70% came in this quarter, we would be looking at 1.7 x $0.41/share (net of non-recurring items), or about $0.70/share.


The book-to-bill ratio is about revenue, not earnings per share. You would also need to know which part(s) of the business it applies to. If it's not all parts of the business, which I doubt it is, you would need to build a model that shows revenue increasing to that extent for that part of the business and factor in all the other parts of the businesses as is appropriate.

I don't construct those models. I leave that to the analysts. As much as people like to diss them, the good ones earn their money in my mind.

--Mike Buckley