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To: Ilaine who wrote (27475)6/4/1999 12:31:00 PM
From: John Pitera  Read Replies (1) | Respond to of 71178
 
Cobalt happy to help, here is Zack's long term opinion of NUE

The company is moderately attractive because it appears positioned to generate 15% long-term earnings growth. Trade cases against cheap imports should cause a major disruption of imported steel into the United States, which should help to lower inventories and raise prices by 1Q99. Scrap prices are rising and should adversely affect earnings in the first half of 1999. Steel demand is picking up as demand for automobiles remains strong. The company should soon become the second largest domestic steel producer in the U.S. A strong management team developed the company's competitive position through capacity expansion and sound pricing strategies. The long-term outlook for the company is promising as it will add new capacity in an improved environment for steel.


and some other info.

Numbers of Brokers Recommending (05/31/99)
Strong Buy 4
Moderate Buy 3
Hold 8
Moderate Sell 0
Strong Sell 0

Current Average Recommendation (1.0=Strong Buy, 5.0=Strong Sell) 2.3
Last Weeks Average Recommendation 2.3
Change In Average Recommendation 0
Earnings Estimates and Actuals
Actual Earnings Last Quarter $0.32
EPS Surprise Last Quarter 3 %
Consensus Estimate for Current Quarter $0.53
Consensus Estimate for Current Fiscal Year $2.35
Consensus Estimate for Next Fiscal Year $3.50

Industry Information
Company Industry Group STEEL-PRODUCERS
Rank Within Industry Group 23 of 57