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  • warwick1727 warwick1727 Nov 4, 2010 1:48 AM Flag

    EPS coming down from 3.55 to 3.48

    EPS for 2011 have been coming down over the last 30 days from 3.55 to 3.48. Oh that sounds positive?? Let me buy a momentum stock with earnings estimates coming down. I think upside is limited. It will be pull a MSFT,CSCO. Going to trend down to a reasonable PE over the next few years. CSCO used to have a 70 pe too now 15. Guess where AMZN will be then ? 45 or MSFT PE 10 35 for AMZN.

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