Stock slide over the past 6+ months(actually sideways movement) was a traders dream, but now the correction is over. I would expect continued raising of EPS as has been done now for multiple quarters, now that big oil is pumping money into infrastructure.
I don't care what anyone thinks. I own FLR and JEC, and I expect at least 50-75% return from FLR over the next 12 mnonths, and I expect at least 100% from JEC over the next 12 months. I get my projection not from current EPS estimates, but from what I know will be elevating EPS. The final EPS for 2008 won't be what is projected right now. Think about it.