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forecast 1yr forecast number of forecast actual forecast

ticker date price end forecasts 1yr eps eps error


AMR 30-Apr-80 3.69 31-Dec-80 15 -0.23 -2.85 0.710027
AMR 30-Apr-81 8.94 31-Dec-81 17 0.48 0.13 0.03915
AMR 30-Apr-82 7.25 31-Dec-82 18 0.75 -0.47 0.168276
AMR 30-Apr-83 13.44 31-Dec-83 20 1.25 2.1 -0.063244
AMR 30-Apr-84 16.75 31-Dec-84 20 2.6 2.19 0.024478
AMR 30-Apr-85 21.13 31-Dec-85 22 2.55 2.97 -0.019877
AMR 30-Apr-86 29.94 31-Dec-86 26 2.65 1.94 0.023714
AMR 30-Apr-87 25.56 31-Dec-87 23 2.5 1.64 0.033646
AMR 30-Apr-88 21.5 31-Dec-88 23 2.25 3.96 -0.079535
AMR 30-Apr-89 31.56 31-Dec-89 23 4.11 3.58 0.016793
AMR 30-Apr-90 32.25 31-Dec-90 26 2.5 -0.33 0.087752
AMR 30-Apr-91 31.75 31-Dec-91 27 0.9 -1.44 0.073701
AMR 30-Apr-92 34.94 31-Dec-92 21 2.17 -1.85 0.115054
AMR 30-Apr-93 34.56 31-Dec-93 20 1.25 -0.6 0.05353
AMR 30-Apr-94 28.38 31-Dec-94 20 2.07 2.27 -0.007047
AMR 30-Apr-95 32.31 31-Dec-95 17 3.13 3.27 -0.004333
AMR 30-Apr-96 46.44 31-Dec-96 16 4.22 4.72 -0.010767
AMR 30-Apr-97 42.5 31-Dec-97 16 4.89 5.51 -0.014588
AMR 30-Apr-98 76.94 31-Dec-98 14 6.78 7.4 -0.008058
AMR 30-Apr-99 69 31-Dec-99 14 5.73 4.49 0.017971
AMR 30-Apr-00 34.31 31-Dec-00 14 4.15 .
CSX 30-Apr-81 8.98 31-Dec-81 12 1.37 1.49 -0.013363
CSX 30-Apr-82 7.81 31-Dec-82 16 1.58 1.35 0.029449
CSX 30-Apr-83 10.27 31-Dec-83 21 1.08 1.03 0.004869
CSX 30-Apr-84 11.25 31-Dec-84 24 1.6 1.57 0.002667
CSX 30-Apr-85 12.06 31-Dec-85 23 1.75 1.46 0.024046
CSX 30-Apr-86 18.25 31-Dec-86 24 1.75 1.37 0.020822
CSX 30-Apr-87 16.06 31-Dec-87 26 1.46 1.35 0.006849
CSX 30-Apr-88 15.5 31-Dec-88 27 1.62 0.57 0.067742
CSX 30-Apr-89 16.13 31-Dec-89 25 1.9 2.01 -0.00682
CSX 30-Apr-90 16.63 31-Dec-90 24 1.81 1.99 -0.010824
CSX 30-Apr-91 19.94 31-Dec-91 17 1.82 1.94 -0.006018
CSX 30-Apr-92 30 31-Dec-92 18 2.27 2.29 -0.000667
CSX 30-Apr-93 37.13 31-Dec-93 21 2.65 2.29 0.009696
CSX 30-Apr-94 40.5 31-Dec-94 21 3.05 2.92 0.00321
CSX 30-Apr-95 40.13 31-Dec-95 18 3.45 3.48 -0.000748
CSX 30-Apr-96 47.12 31-Dec-96 22 3.85 4.01 -0.003396
CSX 30-Apr-97 46.5 31-Dec-97 19 4.25 3.88 0.007957
CSX 30-Apr-98 56.38 31-Dec-98 15 4.1 2.42 0.029798
CSX 30-Apr-99 39.5 31-Dec-99 17 2.7 1.59 0.028101
CSX 30-Apr-00 21.06 31-Dec-00 15 2.2 .
DAL 31-Oct-80 11.19 30-Jun-81 14 1.44 1.84 -0.035746
DAL 31-Oct-81 14.63 30-Jun-82 16 1.88 0.26 0.110731
DAL 31-Oct-82 16.12 30-Jun-83 17 0.9 -1.09 0.123449
DAL 31-Oct-83 18 30-Jun-84 23 1.5 2.21 -0.039444
DAL 31-Oct-84 18 30-Jun-85 17 2.75 3.25 -0.027778
DAL 31-Oct-85 19.88 30-Jun-86 22 2.95 0.59 0.118712
DAL 31-Oct-86 24.94 30-Jun-87 19 1.9 3.06 -0.046512
DAL 31-Oct-87 25 30-Jun-88 20 2.8 2.71 0.0036
DAL 31-Oct-88 24.81 30-Jun-89 22 3.36 4.88 -0.061266
DAL 31-Oct-89 33.94 30-Jun-90 23 4.25 2.81 0.042428
DAL 31-Oct-90 28.69 30-Jun-91 21 1.65 -4.08 0.199721
DAL 31-Oct-91 35 30-Jun-92 18 1.5 -4.92 0.183429
DAL 31-Oct-92 27.69 30-Jun-93 14 -1.92 -4.11 0.07909
DAL 31-Oct-93 27.38 30-Jun-94 16 0.78 -1.88 0.097151
DAL 31-Oct-94 23.56 30-Jun-95 11 1.35 1.38 -0.001273
DAL 31-Oct-95 33.75 30-Jun-96 14 3.38 4.18 -0.023704
DAL 31-Oct-96 34.56 30-Jun-97 14 4.96 5.7 -0.021412
DAL 31-Oct-97 53.47 30-Jun-98 13 5.88 6.32 -0.008229
DAL 31-Oct-98 43.25 30-Jun-99 11 6.65 7.19 -0.012486
DAL 31-Oct-99 51.5 30-Jun-00 14 6.85 .
DAL 31-Oct-00 . 31-Dec-00 9 7.25 .
IBM 30-Apr-80 12.78 31-Dec-80 21 1.46 1.52 -0.004695
IBM 30-Apr-81 15 31-Dec-81 22 1.7 1.41 0.019333
IBM 30-Apr-82 15.91 31-Dec-82 29 1.71 1.85 -0.008799
IBM 30-Apr-83 27.19 31-Dec-83 30 2.13 2.26 -0.004781
IBM 30-Apr-84 27.78 31-Dec-84 37 2.62 2.69 -0.00252
IBM 30-Apr-85 32.41 31-Dec-85 37 2.94 2.67 0.008331
IBM 30-Apr-86 38.69 31-Dec-86 38 3 1.95 0.027139
IBM 30-Apr-87 37.03 31-Dec-87 40 2.19 2.18 0.00027
IBM 30-Apr-88 29.03 31-Dec-88 44 2.45 2.32 0.004478
IBM 30-Apr-89 28.09 31-Dec-89 42 2.65 1.62 0.036668
IBM 30-Apr-90 27.47 31-Dec-90 39 2.5 2.63 -0.004732
IBM 30-Apr-91 27.47 31-Dec-91 31 2.37 0.92 0.052785
IBM 30-Apr-92 22.06 31-Dec-92 36 1.75 0.59 0.052584
IBM 30-Apr-93 12.25 31-Dec-93 25 0.2 -0.02 0.017959
IBM 30-Apr-94 13.09 31-Dec-94 31 0.54 1.23 -0.052712
IBM 30-Apr-95 21.78 31-Dec-95 25 1.87 2.76 -0.040863
IBM 30-Apr-96 26.31 31-Dec-96 22 3.04 2.78 0.009882
IBM 30-Apr-97 34.38 31-Dec-97 24 3.09 3.01 0.002327
IBM 30-Apr-98 53.13 31-Dec-98 27 3.28 3.3 -0.000376
IBM 30-Apr-99 89.69 31-Dec-99 29 3.78 3.7 0.000892
IBM 30-Apr-00 105 31-Dec-00 29 4.35 .
INTC 30-Apr-80 0.58 31-Dec-80 20 0.02 0.05 -0.051724
INTC 30-Apr-81 0.82 31-Dec-81 22 0.01 0.01 0
INTC 30-Apr-82 0.66 31-Dec-82 23 0.01 0.01 0
INTC 30-Apr-83 1.01 31-Dec-83 29 0.01 0.04 -0.029703
INTC 30-Apr-84 1.38 31-Dec-84 29 0.04 0.07 -0.021739
INTC 30-Apr-85 1.22 31-Dec-85 36 0.02 0 0.016393
INTC 30-Apr-86 1.21 31-Dec-86 36 0 -0.1 0.082645
INTC 30-Apr-87 1.7 31-Dec-87 36 0.02 0.06 -0.023529
INTC 30-Apr-88 2.03 31-Dec-88 33 0.06 0.16 -0.049261
INTC 30-Apr-89 1.84 31-Dec-89 35 0.06 0.14 -0.043478
INTC 30-Apr-90 2.56 31-Dec-90 36 0.09 0.2 -0.042969
INTC 30-Apr-91 3.42 31-Dec-91 37 0.11 0.24 -0.038012
INTC 30-Apr-92 3.27 31-Dec-92 32 0.13 0.31 -0.055046
INTC 30-Apr-93 7.05 31-Dec-93 36 0.27 0.65 -0.053901
INTC 30-Apr-94 7.97 31-Dec-94 43 0.37 0.74 -0.046424
INTC 30-Apr-95 11.66 31-Dec-95 41 0.51 0.99 -0.041166
INTC 30-Apr-96 16.05 31-Dec-96 40 0.56 1.45 -0.055452
INTC 30-Apr-97 33.5 31-Dec-97 41 1.12 1.94 -0.024478
INTC 30-Apr-98 37.44 31-Dec-98 40 0.79 1.78 -0.026442
INTC 30-Apr-99 57 31-Dec-99 40 1.16 2.32 -0.020351
INTC 30-Apr-00 119.06 31-Dec-00 37 1.53 .
MSFT 31-Oct-86 0.24 30-Jun-87 10 0.01 0.02 -0.041667
MSFT 31-Oct-87 0.99 30-Jun-88 23 0.03 0.03 0
MSFT 31-Oct-88 0.74 30-Jun-89 27 0.04 0.04 0
MSFT 31-Oct-89 1.12 30-Jun-90 32 0.05 0.07 -0.017857
MSFT 31-Oct-90 1.57 30-Jun-91 34 0.08 0.1 -0.012739
MSFT 31-Oct-91 3.78 30-Jun-92 37 0.14 0.15 -0.002646
MSFT 31-Oct-92 5.22 30-Jun-93 41 0.19 0.2 -0.001916
MSFT 31-Oct-93 5.2 30-Jun-94 42 0.23 0.25 -0.003846
MSFT 31-Oct-94 7.2 30-Jun-95 37 0.29 0.3 -0.001389
MSFT 31-Oct-95 11.95 30-Jun-96 39 0.38 0.43 -0.004184
MSFT 31-Oct-96 17.25 30-Jun-97 33 0.51 0.66 -0.008696
MSFT 31-Oct-97 33.94 30-Jun-98 34 0.79 0.9 -0.003241
MSFT 31-Oct-98 50.09 30-Jun-99 35 1.08 1.4 -0.006389
MSFT 31-Oct-99 91.06 30-Jun-00 34 1.56 .
MSFT 31-Oct-00 . 30-Jun-01 23 1.91 .
NSC 30-Apr-80 3.1 31-Dec-80 8 0.65 0.78 -0.041935
NSC 30-Apr-81 5.51 31-Dec-81 11 0.89 0.97 -0.014519
NSC 30-Apr-82 5.32 31-Dec-82 18 1.08 0.73 0.065789
NSC 30-Apr-83 6.46 31-Dec-83 19 0.74 0.63 0.017028
NSC 30-Apr-84 6.49 31-Dec-84 23 0.81 0.85 -0.006163
NSC 30-Apr-85 7.31 31-Dec-85 21 0.89 0.85 0.005472
NSC 30-Apr-86 10.25 31-Dec-86 23 0.92 0.89 0.002927
NSC 30-Apr-87 10.08 31-Dec-87 25 0.89 0.3 0.058532
NSC 30-Apr-88 9.75 31-Dec-88 25 0.95 1.17 -0.022564
NSC 30-Apr-89 10.92 31-Dec-89 25 1.25 1.19 0.005495
NSC 30-Apr-90 12.87 31-Dec-90 26 1.22 1.2 0.001554
NSC 30-Apr-91 15.08 31-Dec-91 20 1.22 1.19 0.001989
NSC 30-Apr-92 20.62 31-Dec-92 20 1.4 1.36 0.00194
NSC 30-Apr-93 21.5 31-Dec-93 20 1.52 1.44 0.003721
NSC 30-Apr-94 20.67 31-Dec-94 24 1.63 1.63 0
NSC 30-Apr-95 21.54 31-Dec-95 22 1.81 1.82 -0.000464
NSC 30-Apr-96 27.5 31-Dec-96 23 2 2.03 -0.001091
NSC 30-Apr-97 30 31-Dec-97 21 2.17 2.19 -0.000667
NSC 30-Apr-98 35.31 31-Dec-98 16 2.19 1.78 0.011611
NSC 30-Apr-99 27.38 31-Dec-99 17 1.85 0.71 0.041636
NSC 30-Apr-00 17.5 31-Dec-00 15 1.
USAIR 30-Apr-80 7.13 31-Dec-80 4 1.52 3.59 -0.290323
USAIR 30-Apr-81 21.88 31-Dec-81 11 3.9 2.66 0.056673
USAIR 30-Apr-82 15.62 31-Dec-82 13 2.75 2.88 -0.008323
USAIR 30-Apr-83 31.13 31-Dec-83 16 3.25 3 0.008031
USAIR 30-Apr-84 28.25 31-Dec-84 18 4.25 4.92 -0.023717
USAIR 30-Apr-85 32.75 31-Dec-85 19 4.51 4.04 0.014351
USAIR 30-Apr-86 37.13 31-Dec-86 25 3.82 3.25 0.015351
USAIR 30-Apr-87 40.63 31-Dec-87 21 3.75 5.28 -0.037657
USAIR 30-Apr-88 35.88 31-Dec-88 22 4.36 3.81 0.015329
USAIR 30-Apr-89 44.75 31-Dec-89 23 4.6 -1.71 0.141006
USAIR 30-Apr-90 29.25 31-Dec-90 21 1 -10.84 0.404786
USAIR 30-Apr-91 18.75 31-Dec-91 21 -3.5 -7.65 0.221333
USAIR 30-Apr-92 14.75 31-Dec-92 18 -2 -5.83 0.259661
USAIR 30-Apr-93 22.63 31-Dec-93 17 -1.75 -5.02 0.144498
USAIR 30-Apr-94 7.25 31-Dec-94 16 -7.88 -8.62 0.102069
USAIR 30-Apr-95 7.13 31-Dec-95 12 -4.65 0.46 -0.71669
USAIR 30-Apr-96 18.88 31-Dec-96 12 1.75 2.62 -0.046081
USAIR 30-Apr-97 26.88 31-Dec-97 15 3.5 7.52 -0.149554
USAIR 30-Apr-98 79.75 31-Dec-98 12 5.25 5.6 -0.004389
USAIR 30-Apr-99 55.38 31-Dec-99 13 5.6 0.45 0.092994
USAIR 30-Apr-00 27.63 31-Dec-00 12 1.59 .
UAL 30-Apr-80 3.81 31-Dec-80 14 0.37 0.18 0.049869
UAL 30-Apr-81 7.16 31-Dec-81 17 0.59 -0.6 0.166201
UAL 30-Apr-82 5.22 31-Dec-82 18 0.28 0.09 0.036398
UAL 30-Apr-83 8.5 31-Dec-83 17 0.82 0.97 -0.017647
UAL 30-Apr-84 8.13 31-Dec-84 19 1.25 1.71 -0.056581
UAL 30-Apr-85 11.16 31-Dec-85 21 1.75 -1.05 0.250896
UAL 30-Apr-86 15.25 31-Dec-86 26 1.13 -0.24 0.089836
UAL 30-Apr-87 17.59 31-Dec-87 23 1 0.16 0.047754
UAL 30-Apr-88 21.13 31-Dec-88 20 0.79 3.17 -0.112636
UAL 30-Apr-89 30.94 31-Dec-89 21 4.36 3.74 0.020039
UAL 30-Apr-90 38.88 31-Dec-90 17 2.63 1.35 0.032922
UAL 30-Apr-91 39.75 31-Dec-91 23 1.5 -3.6 0.128302
UAL 30-Apr-92 32.09 31-Dec-92 19 1.5 -3.55 0.15737
UAL 30-Apr-93 35.91 31-Dec-93 21 0.63 -0.41 0.028961
UAL 30-Apr-94 31.72 31-Dec-94 21 1.56 2.23 -0.021122
UAL 30-Apr-95 27.28 31-Dec-95 15 2.56 5.3 -0.10044
UAL 30-Apr-96 55.03 31-Dec-96 12 6.13 7.93 -0.032709
UAL 30-Apr-97 73 31-Dec-97 14 8.68 9.97 -0.017671
UAL 30-Apr-98 93.25 31-Dec-98 14 10.22 10.46 -0.002574
UAL 30-Apr-99 82.06 31-Dec-99 13 9.5 10.06 -0.006824
UAL 30-Apr-00 58.13 31-Dec-00 13 9.
UNP 30-Apr-80 19.38 31-Dec-80 11 2.15 2.11 0.002064
UNP 30-Apr-81 33.75 31-Dec-81 13 2.63 2.13 0.014815
UNP 30-Apr-82 18.69 31-Dec-82 17 2.38 1.69 0.036918
UNP 30-Apr-83 25.63 31-Dec-83 19 2.17 1.2 0.037846
UNP 30-Apr-84 23.5 31-Dec-84 21 2.25 2.01 0.010213
UNP 30-Apr-85 23.69 31-Dec-85 19 2.27 2.09 0.007598
UNP 30-Apr-86 27.06 31-Dec-86 20 2.16 2.1 0.002217
UNP 30-Apr-87 35.31 31-Dec-87 23 2.5 2.45 0.001416
UNP 30-Apr-88 34.19 31-Dec-88 22 2.7 2.83 -0.003802
UNP 30-Apr-89 33.88 31-Dec-89 21 2.9 2.81 0.002656
UNP 30-Apr-90 34.56 31-Dec-90 21 2.9 3.09 -0.005498
UNP 30-Apr-91 40.69 31-Dec-91 18 3.19 3.16 0.000737
UNP 30-Apr-92 48.63 31-Dec-92 18 3.6 3.37 0.00473
UNP 30-Apr-93 65.13 31-Dec-93 20 4.05 3.73 0.004913
UNP 30-Apr-94 57.88 31-Dec-94 20 4.23 4.05 0.00311
UNP 30-Apr-95 54.25 31-Dec-95 18 4.55 4.04 0.009401
UNP 30-Apr-96 67.75 31-Dec-96 17 4.35 3.63 0.010627
UNP 30-Apr-97 58.13 31-Dec-97 19 3.9 2.13 0.030449
UNP 30-Apr-98 55.63 31-Dec-98 16 2 -0.27 0.040805
UNP 30-Apr-99 54.75 31-Dec-99 20 2.65 3.2 -0.010046
UNP 30-Apr-00 40.31 31-Dec-00 17 3.95 .
XRX 30-Apr-80 8.4 31-Dec-80 20 1.23 1.2 0.003571
XRX 30-Apr-81 9.98 31-Dec-81 18 1.33 1.16 0.017034
XRX 30-Apr-82 6.5 31-Dec-82 20 1.18 0.74 0.067692
XRX 30-Apr-83 6.83 31-Dec-83 18 0.74 0.74 0
XRX 30-Apr-84 6.62 31-Dec-84 18 0.85 0.56 0.043807
XRX 30-Apr-85 7.79 31-Dec-85 19 0.72 0.58 0.017972
XRX 30-Apr-86 10.98 31-Dec-86 17 0.89 0.75 0.01275
XRX 30-Apr-87 11.92 31-Dec-87 14 0.87 0.89 -0.001678
XRX 30-Apr-88 9.33 31-Dec-88 14 1.01 0.98 0.003215
XRX 30-Apr-89 10.77 31-Dec-89 17 1.05 1.09 -0.003714
XRX 30-Apr-90 9.08 31-Dec-90 17 1.08 0.93 0.01652
XRX 30-Apr-91 9.98 31-Dec-91 16 0.87 0.79 0.008016
XRX 30-Apr-92 12.48 31-Dec-92 13 1 0.9 0.008013
XRX 30-Apr-93 13.54 31-Dec-93 11 0.96 0.83 0.009601
XRX 30-Apr-94 16.92 31-Dec-94 13 1.04 1.07 -0.001773
XRX 30-Apr-95 19.58 31-Dec-95 15 1.42 1.38 0.002043
XRX 30-Apr-96 21.9 31-Dec-96 16 1.75 1.63 0.005479
XRX 30-Apr-97 28.56 31-Dec-97 15 1.9 2.12 -0.007703
XRX 30-Apr-98 55.97 31-Dec-98 15 2.3 2.34 -0.000715
XRX 30-Apr-99 56.25 31-Dec-99 19 2.7 1.98 0.0128
XRX 30-Apr-00 25.75 31-Dec-00 18 1.94 .
Lower Upper
Mean Stdev Count StdErr t-stat 95% 95%
AMR 5.78% 16.39% 20 0.04 1.58 -1.40% 12.97%
CSX 1.02% 1.95% 19 0.00 2.28 0.14% 1.89%
DAL 3.58% 8.13% 19 0.02 1.92 -0.08% 7.24%
IBM 0.57% 2.56% 20 0.01 0.99 -0.56% 1.69%
INTC -2.62% 3.25% 20 0.01 -3.61 -4.05% -1.20%
MSFT -0.80% 1.14% 13 0.00 -2.55 -1.42% -0.19%
NSC 0.65% 2.48% 20 0.01 1.18 -0.43% 1.74%
USAIR 1.00% 22.55% 20 0.05 0.20 -8.89% 10.88%
UAL 3.20% 9.06% 20 0.02 1.58 -0.77% 7.17%
UNP 1.01% 1.48% 20 0.00 3.04 0.36% 1.65%
XRX 1.06% 1.75% 20 0.00 2.72 0.30% 1.83%

All 1.37% 9.54% 211 0.01 2.09 0.09% 2.66%


forecast 1yr forecast number of forecast actual
sector ticker date price end forecasts 1yr eps eps
Tech IBM 30-Apr-80 12.78 31-Dec-80 21 1.46 1.52
Tech IBM 30-Apr-81 15 31-Dec-81 22 1.7 1.41
Tech IBM 30-Apr-82 15.91 31-Dec-82 29 1.71 1.85
Tech IBM 30-Apr-83 27.19 31-Dec-83 30 2.13 2.26
Tech IBM 30-Apr-84 27.78 31-Dec-84 37 2.62 2.69
Tech IBM 30-Apr-85 32.41 31-Dec-85 37 2.94 2.67
Tech IBM 30-Apr-86 38.69 31-Dec-86 38 3 1.95
Tech IBM 30-Apr-87 37.03 31-Dec-87 40 2.19 2.18
Tech IBM 30-Apr-88 29.03 31-Dec-88 44 2.45 2.32
Tech IBM 30-Apr-89 28.09 31-Dec-89 42 2.65 1.62
Tech IBM 30-Apr-90 27.47 31-Dec-90 39 2.5 2.63
Tech IBM 30-Apr-91 27.47 31-Dec-91 31 2.37 0.92
Tech IBM 30-Apr-92 22.06 31-Dec-92 36 1.75 0.59
Tech IBM 30-Apr-93 12.25 31-Dec-93 25 0.2 -0.02
Tech IBM 30-Apr-94 13.09 31-Dec-94 31 0.54 1.23
Tech IBM 30-Apr-95 21.78 31-Dec-95 25 1.87 2.76
Tech IBM 30-Apr-96 26.31 31-Dec-96 22 3.04 2.78
Tech IBM 30-Apr-97 34.38 31-Dec-97 24 3.09 3.01
Tech IBM 30-Apr-98 53.13 31-Dec-98 27 3.28 3.3
Tech IBM 30-Apr-99 89.69 31-Dec-99 29 3.78 3.7
Tech IBM 30-Apr-00 105 31-Dec-00 29 4.35 .
Tech INTC 30-Apr-80 0.58 31-Dec-80 20 0.02 0.05
Tech INTC 30-Apr-81 0.82 31-Dec-81 22 0.01 0.01
Tech INTC 30-Apr-82 0.66 31-Dec-82 23 0.01 0.01
Tech INTC 30-Apr-83 1.01 31-Dec-83 29 0.01 0.04
Tech INTC 30-Apr-84 1.38 31-Dec-84 29 0.04 0.07
Tech INTC 30-Apr-85 1.22 31-Dec-85 36 0.02 0
Tech INTC 30-Apr-86 1.21 31-Dec-86 36 0 -0.1
Tech INTC 30-Apr-87 1.7 31-Dec-87 36 0.02 0.06
Tech INTC 30-Apr-88 2.03 31-Dec-88 33 0.06 0.16
Tech INTC 30-Apr-89 1.84 31-Dec-89 35 0.06 0.14
Tech INTC 30-Apr-90 2.56 31-Dec-90 36 0.09 0.2
Tech INTC 30-Apr-91 3.42 31-Dec-91 37 0.11 0.24
Tech INTC 30-Apr-92 3.27 31-Dec-92 32 0.13 0.31
Tech INTC 30-Apr-93 7.05 31-Dec-93 36 0.27 0.65
Tech INTC 30-Apr-94 7.97 31-Dec-94 43 0.37 0.74
Tech INTC 30-Apr-95 11.66 31-Dec-95 41 0.51 0.99
Tech INTC 30-Apr-96 16.05 31-Dec-96 40 0.56 1.45
Tech INTC 30-Apr-97 33.5 31-Dec-97 41 1.12 1.94
Tech INTC 30-Apr-98 37.44 31-Dec-98 40 0.79 1.78
Tech INTC 30-Apr-99 57 31-Dec-99 40 1.16 2.32
Tech INTC 30-Apr-00 119.06 31-Dec-00 37 1.53 .
Tech MSFT 31-Oct-86 0.24 30-Jun-87 10 0.01 0.02
Tech MSFT 31-Oct-87 0.99 30-Jun-88 23 0.03 0.03
Tech MSFT 31-Oct-88 0.74 30-Jun-89 27 0.04 0.04
Tech MSFT 31-Oct-89 1.12 30-Jun-90 32 0.05 0.07
Tech MSFT 31-Oct-90 1.57 30-Jun-91 34 0.08 0.1
Tech MSFT 31-Oct-91 3.78 30-Jun-92 37 0.14 0.15
Tech MSFT 31-Oct-92 5.22 30-Jun-93 41 0.19 0.2
Tech MSFT 31-Oct-93 5.2 30-Jun-94 42 0.23 0.25
Tech MSFT 31-Oct-94 7.2 30-Jun-95 37 0.29 0.3
Tech MSFT 31-Oct-95 11.95 30-Jun-96 39 0.38 0.43
Tech MSFT 31-Oct-96 17.25 30-Jun-97 33 0.51 0.66
Tech MSFT 31-Oct-97 33.94 30-Jun-98 34 0.79 0.9
Tech MSFT 31-Oct-98 50.09 30-Jun-99 35 1.08 1.4
Tech MSFT 31-Oct-99 91.06 30-Jun-00 34 1.56 .
Tech MSFT 31-Oct-00 . 30-Jun-01 23 1.91 .
Tech NSC 30-Apr-80 3.1 31-Dec-80 8 0.65 0.78
Tech NSC 30-Apr-81 5.51 31-Dec-81 11 0.89 0.97
Tech NSC 30-Apr-82 5.32 31-Dec-82 18 1.08 0.73
Tech NSC 30-Apr-83 6.46 31-Dec-83 19 0.74 0.63
Tech NSC 30-Apr-84 6.49 31-Dec-84 23 0.81 0.85
Tech NSC 30-Apr-85 7.31 31-Dec-85 21 0.89 0.85
Tech NSC 30-Apr-86 10.25 31-Dec-86 23 0.92 0.89
Tech NSC 30-Apr-87 10.08 31-Dec-87 25 0.89 0.3
Tech NSC 30-Apr-88 9.75 31-Dec-88 25 0.95 1.17
Tech NSC 30-Apr-89 10.92 31-Dec-89 25 1.25 1.19
Tech NSC 30-Apr-90 12.87 31-Dec-90 26 1.22 1.2
Tech NSC 30-Apr-91 15.08 31-Dec-91 20 1.22 1.19
Tech NSC 30-Apr-92 20.62 31-Dec-92 20 1.4 1.36
Tech NSC 30-Apr-93 21.5 31-Dec-93 20 1.52 1.44
Tech NSC 30-Apr-94 20.67 31-Dec-94 24 1.63 1.63
Tech NSC 30-Apr-95 21.54 31-Dec-95 22 1.81 1.82
Tech NSC 30-Apr-96 27.5 31-Dec-96 23 2 2.03
Tech NSC 30-Apr-97 30 31-Dec-97 21 2.17 2.19
Tech NSC 30-Apr-98 35.31 31-Dec-98 16 2.19 1.78
Tech NSC 30-Apr-99 27.38 31-Dec-99 17 1.85 0.71
Tech NSC 30-Apr-00 17.5 31-Dec-00 15 1 .
Tech XRX 30-Apr-80 8.4 31-Dec-80 20 1.23 1.2
Tech XRX 30-Apr-81 9.98 31-Dec-81 18 1.33 1.16
Tech XRX 30-Apr-82 6.5 31-Dec-82 20 1.18 0.74
Tech XRX 30-Apr-83 6.83 31-Dec-83 18 0.74 0.74
Tech XRX 30-Apr-84 6.62 31-Dec-84 18 0.85 0.56
Tech XRX 30-Apr-85 7.79 31-Dec-85 19 0.72 0.58
Tech XRX 30-Apr-86 10.98 31-Dec-86 17 0.89 0.75
Tech XRX 30-Apr-87 11.92 31-Dec-87 14 0.87 0.89
Tech XRX 30-Apr-88 9.33 31-Dec-88 14 1.01 0.98
Tech XRX 30-Apr-89 10.77 31-Dec-89 17 1.05 1.09
Tech XRX 30-Apr-90 9.08 31-Dec-90 17 1.08 0.93
Tech XRX 30-Apr-91 9.98 31-Dec-91 16 0.87 0.79
Tech XRX 30-Apr-92 12.48 31-Dec-92 13 1 0.9
Tech XRX 30-Apr-93 13.54 31-Dec-93 11 0.96 0.83
Tech XRX 30-Apr-94 16.92 31-Dec-94 13 1.04 1.07
Tech XRX 30-Apr-95 19.58 31-Dec-95 15 1.42 1.38
Tech XRX 30-Apr-96 21.9 31-Dec-96 16 1.75 1.63
Tech XRX 30-Apr-97 28.56 31-Dec-97 15 1.9 2.12
Tech XRX 30-Apr-98 55.97 31-Dec-98 15 2.3 2.34
Tech XRX 30-Apr-99 56.25 31-Dec-99 19 2.7 1.98
Tech XRX 30-Apr-00 25.75 31-Dec-00 18 1.94 .
Transp AMR 30-Apr-80 3.69 31-Dec-80 15 -0.23 -2.85
Transp AMR 30-Apr-81 8.94 31-Dec-81 17 0.48 0.13
Transp AMR 30-Apr-82 7.25 31-Dec-82 18 0.75 -0.47
Transp AMR 30-Apr-83 13.44 31-Dec-83 20 1.25 2.1
Transp AMR 30-Apr-84 16.75 31-Dec-84 20 2.6 2.19
Transp AMR 30-Apr-85 21.13 31-Dec-85 22 2.55 2.97
Transp AMR 30-Apr-86 29.94 31-Dec-86 26 2.65 1.94
Transp AMR 30-Apr-87 25.56 31-Dec-87 23 2.5 1.64
Transp AMR 30-Apr-88 21.5 31-Dec-88 23 2.25 3.96
Transp AMR 30-Apr-89 31.56 31-Dec-89 23 4.11 3.58
Transp AMR 30-Apr-90 32.25 31-Dec-90 26 2.5 -0.33
Transp AMR 30-Apr-91 31.75 31-Dec-91 27 0.9 -1.44
Transp AMR 30-Apr-92 34.94 31-Dec-92 21 2.17 -1.85
Transp AMR 30-Apr-93 34.56 31-Dec-93 20 1.25 -0.6
Transp AMR 30-Apr-94 28.38 31-Dec-94 20 2.07 2.27
Transp AMR 30-Apr-95 32.31 31-Dec-95 17 3.13 3.27
Transp AMR 30-Apr-96 46.44 31-Dec-96 16 4.22 4.72
Transp AMR 30-Apr-97 42.5 31-Dec-97 16 4.89 5.51
Transp AMR 30-Apr-98 76.94 31-Dec-98 14 6.78 7.4
Transp AMR 30-Apr-99 69 31-Dec-99 14 5.73 4.49
Transp AMR 30-Apr-00 34.31 31-Dec-00 14 4.15 .
Transp CSX 30-Apr-81 8.98 31-Dec-81 12 1.37 1.49
Transp CSX 30-Apr-82 7.81 31-Dec-82 16 1.58 1.35
Transp CSX 30-Apr-83 10.27 31-Dec-83 21 1.08 1.03
Transp CSX 30-Apr-84 11.25 31-Dec-84 24 1.6 1.57
Transp CSX 30-Apr-85 12.06 31-Dec-85 23 1.75 1.46
Transp CSX 30-Apr-86 18.25 31-Dec-86 24 1.75 1.37
Transp CSX 30-Apr-87 16.06 31-Dec-87 26 1.46 1.35
Transp CSX 30-Apr-88 15.5 31-Dec-88 27 1.62 0.57
Transp CSX 30-Apr-89 16.13 31-Dec-89 25 1.9 2.01
Transp CSX 30-Apr-90 16.63 31-Dec-90 24 1.81 1.99
Transp CSX 30-Apr-91 19.94 31-Dec-91 17 1.82 1.94
Transp CSX 30-Apr-92 30 31-Dec-92 18 2.27 2.29
Transp CSX 30-Apr-93 37.13 31-Dec-93 21 2.65 2.29
Transp CSX 30-Apr-94 40.5 31-Dec-94 21 3.05 2.92
Transp CSX 30-Apr-95 40.13 31-Dec-95 18 3.45 3.48
Transp CSX 30-Apr-96 47.12 31-Dec-96 22 3.85 4.01
Transp CSX 30-Apr-97 46.5 31-Dec-97 19 4.25 3.88
Transp CSX 30-Apr-98 56.38 31-Dec-98 15 4.1 2.42
Transp CSX 30-Apr-99 39.5 31-Dec-99 17 2.7 1.59
Transp CSX 30-Apr-00 21.06 31-Dec-00 15 2.2 .
Transp DAL 31-Oct-80 11.19 30-Jun-81 14 1.44 1.84
Transp DAL 31-Oct-81 14.63 30-Jun-82 16 1.88 0.26
Transp DAL 31-Oct-82 16.12 30-Jun-83 17 0.9 -1.09
Transp DAL 31-Oct-83 18 30-Jun-84 23 1.5 2.21
Transp DAL 31-Oct-84 18 30-Jun-85 17 2.75 3.25
Transp DAL 31-Oct-85 19.88 30-Jun-86 22 2.95 0.59
Transp DAL 31-Oct-86 24.94 30-Jun-87 19 1.9 3.06
Transp DAL 31-Oct-87 25 30-Jun-88 20 2.8 2.71
Transp DAL 31-Oct-88 24.81 30-Jun-89 22 3.36 4.88
Transp DAL 31-Oct-89 33.94 30-Jun-90 23 4.25 2.81
Transp DAL 31-Oct-90 28.69 30-Jun-91 21 1.65 -4.08
Transp DAL 31-Oct-91 35 30-Jun-92 18 1.5 -4.92
Transp DAL 31-Oct-92 27.69 30-Jun-93 14 -1.92 -4.11
Transp DAL 31-Oct-93 27.38 30-Jun-94 16 0.78 -1.88
Transp DAL 31-Oct-94 23.56 30-Jun-95 11 1.35 1.38
Transp DAL 31-Oct-95 33.75 30-Jun-96 14 3.38 4.18
Transp DAL 31-Oct-96 34.56 30-Jun-97 14 4.96 5.7
Transp DAL 31-Oct-97 53.47 30-Jun-98 13 5.88 6.32
Transp DAL 31-Oct-98 43.25 30-Jun-99 11 6.65 7.19
Transp DAL 31-Oct-99 51.5 30-Jun-00 14 6.85 .
Transp DAL 31-Oct-00 . 31-Dec-00 9 7.25 .
Transp USAIR 30-Apr-80 7.13 31-Dec-80 4 1.52 3.59
Transp USAIR 30-Apr-81 21.88 31-Dec-81 11 3.9 2.66
Transp USAIR 30-Apr-82 15.62 31-Dec-82 13 2.75 2.88
Transp USAIR 30-Apr-83 31.13 31-Dec-83 16 3.25 3
Transp USAIR 30-Apr-84 28.25 31-Dec-84 18 4.25 4.92
Transp USAIR 30-Apr-85 32.75 31-Dec-85 19 4.51 4.04
Transp USAIR 30-Apr-86 37.13 31-Dec-86 25 3.82 3.25
Transp USAIR 30-Apr-87 40.63 31-Dec-87 21 3.75 5.28
Transp USAIR 30-Apr-88 35.88 31-Dec-88 22 4.36 3.81
Transp USAIR 30-Apr-89 44.75 31-Dec-89 23 4.6 -1.71
Transp USAIR 30-Apr-90 29.25 31-Dec-90 21 1 -10.84
Transp USAIR 30-Apr-91 18.75 31-Dec-91 21 -3.5 -7.65
Transp USAIR 30-Apr-92 14.75 31-Dec-92 18 -2 -5.83
Transp USAIR 30-Apr-93 22.63 31-Dec-93 17 -1.75 -5.02
Transp USAIR 30-Apr-94 7.25 31-Dec-94 16 -7.88 -8.62
Transp USAIR 30-Apr-95 7.13 31-Dec-95 12 -4.65 0.46
Transp USAIR 30-Apr-96 18.88 31-Dec-96 12 1.75 2.62
Transp USAIR 30-Apr-97 26.88 31-Dec-97 15 3.5 7.52
Transp USAIR 30-Apr-98 79.75 31-Dec-98 12 5.25 5.6
Transp USAIR 30-Apr-99 55.38 31-Dec-99 13 5.6 0.45
Transp USAIR 30-Apr-00 27.63 31-Dec-00 12 1.59 .
Transp UAL 30-Apr-80 3.81 31-Dec-80 14 0.37 0.18
Transp UAL 30-Apr-81 7.16 31-Dec-81 17 0.59 -0.6
Transp UAL 30-Apr-82 5.22 31-Dec-82 18 0.28 0.09
Transp UAL 30-Apr-83 8.5 31-Dec-83 17 0.82 0.97
Transp UAL 30-Apr-84 8.13 31-Dec-84 19 1.25 1.71
Transp UAL 30-Apr-85 11.16 31-Dec-85 21 1.75 -1.05
Transp UAL 30-Apr-86 15.25 31-Dec-86 26 1.13 -0.24
Transp UAL 30-Apr-87 17.59 31-Dec-87 23 1 0.16
Transp UAL 30-Apr-88 21.13 31-Dec-88 20 0.79 3.17
Transp UAL 30-Apr-89 30.94 31-Dec-89 21 4.36 3.74
Transp UAL 30-Apr-90 38.88 31-Dec-90 17 2.63 1.35
Transp UAL 30-Apr-91 39.75 31-Dec-91 23 1.5 -3.6
Transp UAL 30-Apr-92 32.09 31-Dec-92 19 1.5 -3.55
Transp UAL 30-Apr-93 35.91 31-Dec-93 21 0.63 -0.41
Transp UAL 30-Apr-94 31.72 31-Dec-94 21 1.56 2.23
Transp UAL 30-Apr-95 27.28 31-Dec-95 15 2.56 5.3
Transp UAL 30-Apr-96 55.03 31-Dec-96 12 6.13 7.93
Transp UAL 30-Apr-97 73 31-Dec-97 14 8.68 9.97
Transp UAL 30-Apr-98 93.25 31-Dec-98 14 10.22 10.46
Transp UAL 30-Apr-99 82.06 31-Dec-99 13 9.5 10.06
Transp UAL 30-Apr-00 58.13 31-Dec-00 13 9.
Transp UNP 30-Apr-80 19.38 31-Dec-80 11 2.15 2.11
Transp UNP 30-Apr-81 33.75 31-Dec-81 13 2.63 2.13
Transp UNP 30-Apr-82 18.69 31-Dec-82 17 2.38 1.69
Transp UNP 30-Apr-83 25.63 31-Dec-83 19 2.17 1.2
Transp UNP 30-Apr-84 23.5 31-Dec-84 21 2.25 2.01
Transp UNP 30-Apr-85 23.69 31-Dec-85 19 2.27 2.09
Transp UNP 30-Apr-86 27.06 31-Dec-86 20 2.16 2.1
Transp UNP 30-Apr-87 35.31 31-Dec-87 23 2.5 2.45
Transp UNP 30-Apr-88 34.19 31-Dec-88 22 2.7 2.83
Transp UNP 30-Apr-89 33.88 31-Dec-89 21 2.9 2.81
Transp UNP 30-Apr-90 34.56 31-Dec-90 21 2.9 3.09
Transp UNP 30-Apr-91 40.69 31-Dec-91 18 3.19 3.16
Transp UNP 30-Apr-92 48.63 31-Dec-92 18 3.6 3.37
Transp UNP 30-Apr-93 65.13 31-Dec-93 20 4.05 3.73
Transp UNP 30-Apr-94 57.88 31-Dec-94 20 4.23 4.05
Transp UNP 30-Apr-95 54.25 31-Dec-95 18 4.55 4.04
Transp UNP 30-Apr-96 67.75 31-Dec-96 17 4.35 3.63
Transp UNP 30-Apr-97 58.13 31-Dec-97 19 3.9 2.13
Transp UNP 30-Apr-98 55.63 31-Dec-98 16 2 -0.27
Transp UNP 30-Apr-99 54.75 31-Dec-99 20 2.65 3.2
Transp UNP 30-Apr-00 40.31 31-Dec-00 17 3.95 .
forecast Lower
error Mean Stdev Count StdErr t-stat 95%
-0.004695 Tech -0.19%
0.019333 Transp 2.60%
-0.008799 Difference
-0.004781
-0.00252
0.008331
0.027139
0.00027
0.004478
0.036668
-0.004732
0.052785
0.052584
0.017959
-0.052712
-0.040863
0.009882
0.002327
-0.000376
0.000892

-0.051724
0
0
-0.029703
-0.021739
0.016393
0.082645
-0.023529
-0.049261
-0.043478
-0.042969
-0.038012
-0.055046
-0.053901
-0.046424
-0.041166
-0.055452
-0.024478
-0.026442
-0.020351

-0.041667
0
0
-0.017857
-0.012739
-0.002646
-0.001916
-0.003846
-0.001389
-0.004184
-0.008696
-0.003241
-0.006389

-0.041935
-0.014519
0.065789
0.017028
-0.006163
0.005472
0.002927
0.058532
-0.022564
0.005495
0.001554
0.001989
0.00194
0.003721
0
-0.000464
-0.001091
-0.000667
0.011611
0.041636

0.003571
0.017034
0.067692
0
0.043807
0.017972
0.01275
-0.001678
0.003215
-0.003714
0.01652
0.008016
0.008013
0.009601
-0.001773
0.002043
0.005479
-0.007703
-0.000715
0.0128

0.710027
0.03915
0.168276
-0.063244
0.024478
-0.019877
0.023714
0.033646
-0.079535
0.016793
0.087752
0.073701
0.115054
0.05353
-0.007047
-0.004333
-0.010767
-0.014588
-0.008058
0.017971

-0.013363
0.029449
0.004869
0.002667
0.024046
0.020822
0.006849
0.067742
-0.00682
-0.010824
-0.006018
-0.000667
0.009696
0.00321
-0.000748
-0.003396
0.007957
0.029798
0.028101

-0.035746
0.110731
0.123449
-0.039444
-0.027778
0.118712
-0.046512
0.0036
-0.061266
0.042428
0.199721
0.183429
0.07909
0.097151
-0.001273
-0.023704
-0.021412
-0.008229
-0.012486

-0.290323
0.056673
-0.008323
0.008031
-0.023717
0.014351
0.015351
-0.037657
0.015329
0.141006
0.404786
0.221333
0.259661
0.144498
0.102069
-0.71669
-0.046081
-0.149554
-0.004389
0.092994

0.049869
0.166201
0.036398
-0.017647
-0.056581
0.250896
0.089836
0.047754
-0.112636
0.020039
0.032922
0.128302
0.15737
0.028961
-0.021122
-0.10044
-0.032709
-0.017671
-0.002574
-0.006824
0.002064
0.014815
0.036918
0.037846
0.010213
0.007598
0.002217
0.001416
-0.003802
0.002656
-0.005498
0.000737
0.00473
0.004913
0.00311
0.009401
0.010627
0.030449
0.040805
-0.010046
Upper
95%
forecast 1yr forecast number of forecast actual forecast
ticker date price end forecasts 1yr eps eps error
AMR 30-Apr-80 3.69 31-Dec-80 15 -0.23 -2.85 0.710027
IBM 30-Apr-80 12.78 31-Dec-80 21 1.46 1.52 -0.004695
INTC 30-Apr-80 0.58 31-Dec-80 20 0.02 0.05 -0.051724
NSC 30-Apr-80 3.1 31-Dec-80 8 0.65 0.78 -0.041935
UAL 30-Apr-80 3.81 31-Dec-80 14 0.37 0.18 0.049869
UNP 30-Apr-80 19.38 31-Dec-80 11 2.15 2.11 0.002064
USAIR 30-Apr-80 7.13 31-Dec-80 4 1.52 3.59 -0.290323
XRX 30-Apr-80 8.4 31-Dec-80 20 1.23 1.2 0.003571
DAL 31-Oct-80 11.19 30-Jun-81 14 1.44 1.84 -0.035746
AMR 30-Apr-81 8.94 31-Dec-81 17 0.48 0.13 0.03915
CSX 30-Apr-81 8.98 31-Dec-81 12 1.37 1.49 -0.013363
IBM 30-Apr-81 15 31-Dec-81 22 1.7 1.41 0.019333
INTC 30-Apr-81 0.82 31-Dec-81 22 0.01 0.01 0
NSC 30-Apr-81 5.51 31-Dec-81 11 0.89 0.97 -0.014519
UAL 30-Apr-81 7.16 31-Dec-81 17 0.59 -0.6 0.166201
UNP 30-Apr-81 33.75 31-Dec-81 13 2.63 2.13 0.014815
USAIR 30-Apr-81 21.88 31-Dec-81 11 3.9 2.66 0.056673
XRX 30-Apr-81 9.98 31-Dec-81 18 1.33 1.16 0.017034
DAL 31-Oct-81 14.63 30-Jun-82 16 1.88 0.26 0.110731
AMR 30-Apr-82 7.25 31-Dec-82 18 0.75 -0.47 0.168276
CSX 30-Apr-82 7.81 31-Dec-82 16 1.58 1.35 0.029449
IBM 30-Apr-82 15.91 31-Dec-82 29 1.71 1.85 -0.008799
INTC 30-Apr-82 0.66 31-Dec-82 23 0.01 0.01 0
NSC 30-Apr-82 5.32 31-Dec-82 18 1.08 0.73 0.065789
UAL 30-Apr-82 5.22 31-Dec-82 18 0.28 0.09 0.036398
UNP 30-Apr-82 18.69 31-Dec-82 17 2.38 1.69 0.036918
USAIR 30-Apr-82 15.62 31-Dec-82 13 2.75 2.88 -0.008323
XRX 30-Apr-82 6.5 31-Dec-82 20 1.18 0.74 0.067692
DAL 31-Oct-82 16.12 30-Jun-83 17 0.9 -1.09 0.123449
AMR 30-Apr-83 13.44 31-Dec-83 20 1.25 2.1 -0.063244
CSX 30-Apr-83 10.27 31-Dec-83 21 1.08 1.03 0.004869
IBM 30-Apr-83 27.19 31-Dec-83 30 2.13 2.26 -0.004781
INTC 30-Apr-83 1.01 31-Dec-83 29 0.01 0.04 -0.029703
NSC 30-Apr-83 6.46 31-Dec-83 19 0.74 0.63 0.017028
UAL 30-Apr-83 8.5 31-Dec-83 17 0.82 0.97 -0.017647
UNP 30-Apr-83 25.63 31-Dec-83 19 2.17 1.2 0.037846
USAIR 30-Apr-83 31.13 31-Dec-83 16 3.25 3 0.008031
XRX 30-Apr-83 6.83 31-Dec-83 18 0.74 0.74 0
DAL 31-Oct-83 18 30-Jun-84 23 1.5 2.21 -0.039444
AMR 30-Apr-84 16.75 31-Dec-84 20 2.6 2.19 0.024478
CSX 30-Apr-84 11.25 31-Dec-84 24 1.6 1.57 0.002667
IBM 30-Apr-84 27.78 31-Dec-84 37 2.62 2.69 -0.00252
INTC 30-Apr-84 1.38 31-Dec-84 29 0.04 0.07 -0.021739
NSC 30-Apr-84 6.49 31-Dec-84 23 0.81 0.85 -0.006163
UAL 30-Apr-84 8.13 31-Dec-84 19 1.25 1.71 -0.056581
UNP 30-Apr-84 23.5 31-Dec-84 21 2.25 2.01 0.010213
USAIR 30-Apr-84 28.25 31-Dec-84 18 4.25 4.92 -0.023717
XRX 30-Apr-84 6.62 31-Dec-84 18 0.85 0.56 0.043807
DAL 31-Oct-84 18 30-Jun-85 17 2.75 3.25 -0.027778
AMR 30-Apr-85 21.13 31-Dec-85 22 2.55 2.97 -0.019877
CSX 30-Apr-85 12.06 31-Dec-85 23 1.75 1.46 0.024046
IBM 30-Apr-85 32.41 31-Dec-85 37 2.94 2.67 0.008331
INTC 30-Apr-85 1.22 31-Dec-85 36 0.02 0 0.016393
NSC 30-Apr-85 7.31 31-Dec-85 21 0.89 0.85 0.005472
UAL 30-Apr-85 11.16 31-Dec-85 21 1.75 -1.05 0.250896
UNP 30-Apr-85 23.69 31-Dec-85 19 2.27 2.09 0.007598
USAIR 30-Apr-85 32.75 31-Dec-85 19 4.51 4.04 0.014351
XRX 30-Apr-85 7.79 31-Dec-85 19 0.72 0.58 0.017972
DAL 31-Oct-85 19.88 30-Jun-86 22 2.95 0.59 0.118712
AMR 30-Apr-86 29.94 31-Dec-86 26 2.65 1.94 0.023714
CSX 30-Apr-86 18.25 31-Dec-86 24 1.75 1.37 0.020822
IBM 30-Apr-86 38.69 31-Dec-86 38 3 1.95 0.027139
INTC 30-Apr-86 1.21 31-Dec-86 36 0 -0.1 0.082645
NSC 30-Apr-86 10.25 31-Dec-86 23 0.92 0.89 0.002927
UAL 30-Apr-86 15.25 31-Dec-86 26 1.13 -0.24 0.089836
UNP 30-Apr-86 27.06 31-Dec-86 20 2.16 2.1 0.002217
USAIR 30-Apr-86 37.13 31-Dec-86 25 3.82 3.25 0.015351
XRX 30-Apr-86 10.98 31-Dec-86 17 0.89 0.75 0.01275
DAL 31-Oct-86 24.94 30-Jun-87 19 1.9 3.06 -0.046512
MSFT 31-Oct-86 0.24 30-Jun-87 10 0.01 0.02 -0.041667
AMR 30-Apr-87 25.56 31-Dec-87 23 2.5 1.64 0.033646
CSX 30-Apr-87 16.06 31-Dec-87 26 1.46 1.35 0.006849
IBM 30-Apr-87 37.03 31-Dec-87 40 2.19 2.18 0.00027
INTC 30-Apr-87 1.7 31-Dec-87 36 0.02 0.06 -0.023529
NSC 30-Apr-87 10.08 31-Dec-87 25 0.89 0.3 0.058532
UAL 30-Apr-87 17.59 31-Dec-87 23 1 0.16 0.047754
UNP 30-Apr-87 35.31 31-Dec-87 23 2.5 2.45 0.001416
USAIR 30-Apr-87 40.63 31-Dec-87 21 3.75 5.28 -0.037657
XRX 30-Apr-87 11.92 31-Dec-87 14 0.87 0.89 -0.001678
DAL 31-Oct-87 25 30-Jun-88 20 2.8 2.71 0.0036
MSFT 31-Oct-87 0.99 30-Jun-88 23 0.03 0.03 0
AMR 30-Apr-88 21.5 31-Dec-88 23 2.25 3.96 -0.079535
CSX 30-Apr-88 15.5 31-Dec-88 27 1.62 0.57 0.067742
IBM 30-Apr-88 29.03 31-Dec-88 44 2.45 2.32 0.004478
INTC 30-Apr-88 2.03 31-Dec-88 33 0.06 0.16 -0.049261
NSC 30-Apr-88 9.75 31-Dec-88 25 0.95 1.17 -0.022564
UAL 30-Apr-88 21.13 31-Dec-88 20 0.79 3.17 -0.112636
UNP 30-Apr-88 34.19 31-Dec-88 22 2.7 2.83 -0.003802
USAIR 30-Apr-88 35.88 31-Dec-88 22 4.36 3.81 0.015329
XRX 30-Apr-88 9.33 31-Dec-88 14 1.01 0.98 0.003215
DAL 31-Oct-88 24.81 30-Jun-89 22 3.36 4.88 -0.061266
MSFT 31-Oct-88 0.74 30-Jun-89 27 0.04 0.04 0
AMR 30-Apr-89 31.56 31-Dec-89 23 4.11 3.58 0.016793
CSX 30-Apr-89 16.13 31-Dec-89 25 1.9 2.01 -0.00682
IBM 30-Apr-89 28.09 31-Dec-89 42 2.65 1.62 0.036668
INTC 30-Apr-89 1.84 31-Dec-89 35 0.06 0.14 -0.043478
NSC 30-Apr-89 10.92 31-Dec-89 25 1.25 1.19 0.005495
UAL 30-Apr-89 30.94 31-Dec-89 21 4.36 3.74 0.020039
UNP 30-Apr-89 33.88 31-Dec-89 21 2.9 2.81 0.002656
USAIR 30-Apr-89 44.75 31-Dec-89 23 4.6 -1.71 0.141006
XRX 30-Apr-89 10.77 31-Dec-89 17 1.05 1.09 -0.003714
DAL 31-Oct-89 33.94 30-Jun-90 23 4.25 2.81 0.042428
MSFT 31-Oct-89 1.12 30-Jun-90 32 0.05 0.07 -0.017857
AMR 30-Apr-90 32.25 31-Dec-90 26 2.5 -0.33 0.087752
CSX 30-Apr-90 16.63 31-Dec-90 24 1.81 1.99 -0.010824
IBM 30-Apr-90 27.47 31-Dec-90 39 2.5 2.63 -0.004732
INTC 30-Apr-90 2.56 31-Dec-90 36 0.09 0.2 -0.042969
NSC 30-Apr-90 12.87 31-Dec-90 26 1.22 1.2 0.001554
UAL 30-Apr-90 38.88 31-Dec-90 17 2.63 1.35 0.032922
UNP 30-Apr-90 34.56 31-Dec-90 21 2.9 3.09 -0.005498
USAIR 30-Apr-90 29.25 31-Dec-90 21 1 -10.84 0.404786
XRX 30-Apr-90 9.08 31-Dec-90 17 1.08 0.93 0.01652
DAL 31-Oct-90 28.69 30-Jun-91 21 1.65 -4.08 0.199721
MSFT 31-Oct-90 1.57 30-Jun-91 34 0.08 0.1 -0.012739
AMR 30-Apr-91 31.75 31-Dec-91 27 0.9 -1.44 0.073701
CSX 30-Apr-91 19.94 31-Dec-91 17 1.82 1.94 -0.006018
IBM 30-Apr-91 27.47 31-Dec-91 31 2.37 0.92 0.052785
INTC 30-Apr-91 3.42 31-Dec-91 37 0.11 0.24 -0.038012
NSC 30-Apr-91 15.08 31-Dec-91 20 1.22 1.19 0.001989
UAL 30-Apr-91 39.75 31-Dec-91 23 1.5 -3.6 0.128302
UNP 30-Apr-91 40.69 31-Dec-91 18 3.19 3.16 0.000737
USAIR 30-Apr-91 18.75 31-Dec-91 21 -3.5 -7.65 0.221333
XRX 30-Apr-91 9.98 31-Dec-91 16 0.87 0.79 0.008016
DAL 31-Oct-91 35 30-Jun-92 18 1.5 -4.92 0.183429
MSFT 31-Oct-91 3.78 30-Jun-92 37 0.14 0.15 -0.002646
AMR 30-Apr-92 34.94 31-Dec-92 21 2.17 -1.85 0.115054
CSX 30-Apr-92 30 31-Dec-92 18 2.27 2.29 -0.000667
IBM 30-Apr-92 22.06 31-Dec-92 36 1.75 0.59 0.052584
INTC 30-Apr-92 3.27 31-Dec-92 32 0.13 0.31 -0.055046
NSC 30-Apr-92 20.62 31-Dec-92 20 1.4 1.36 0.00194
UAL 30-Apr-92 32.09 31-Dec-92 19 1.5 -3.55 0.15737
UNP 30-Apr-92 48.63 31-Dec-92 18 3.6 3.37 0.00473
USAIR 30-Apr-92 14.75 31-Dec-92 18 -2 -5.83 0.259661
XRX 30-Apr-92 12.48 31-Dec-92 13 1 0.9 0.008013
DAL 31-Oct-92 27.69 30-Jun-93 14 -1.92 -4.11 0.07909
MSFT 31-Oct-92 5.22 30-Jun-93 41 0.19 0.2 -0.001916
AMR 30-Apr-93 34.56 31-Dec-93 20 1.25 -0.6 0.05353
CSX 30-Apr-93 37.13 31-Dec-93 21 2.65 2.29 0.009696
IBM 30-Apr-93 12.25 31-Dec-93 25 0.2 -0.02 0.017959
INTC 30-Apr-93 7.05 31-Dec-93 36 0.27 0.65 -0.053901
NSC 30-Apr-93 21.5 31-Dec-93 20 1.52 1.44 0.003721
UAL 30-Apr-93 35.91 31-Dec-93 21 0.63 -0.41 0.028961
UNP 30-Apr-93 65.13 31-Dec-93 20 4.05 3.73 0.004913
USAIR 30-Apr-93 22.63 31-Dec-93 17 -1.75 -5.02 0.144498
XRX 30-Apr-93 13.54 31-Dec-93 11 0.96 0.83 0.009601
DAL 31-Oct-93 27.38 30-Jun-94 16 0.78 -1.88 0.097151
MSFT 31-Oct-93 5.2 30-Jun-94 42 0.23 0.25 -0.003846
AMR 30-Apr-94 28.38 31-Dec-94 20 2.07 2.27 -0.007047
CSX 30-Apr-94 40.5 31-Dec-94 21 3.05 2.92 0.00321
IBM 30-Apr-94 13.09 31-Dec-94 31 0.54 1.23 -0.052712
INTC 30-Apr-94 7.97 31-Dec-94 43 0.37 0.74 -0.046424
NSC 30-Apr-94 20.67 31-Dec-94 24 1.63 1.63 0
UAL 30-Apr-94 31.72 31-Dec-94 21 1.56 2.23 -0.021122
UNP 30-Apr-94 57.88 31-Dec-94 20 4.23 4.05 0.00311
USAIR 30-Apr-94 7.25 31-Dec-94 16 -7.88 -8.62 0.102069
XRX 30-Apr-94 16.92 31-Dec-94 13 1.04 1.07 -0.001773
DAL 31-Oct-94 23.56 30-Jun-95 11 1.35 1.38 -0.001273
MSFT 31-Oct-94 7.2 30-Jun-95 37 0.29 0.3 -0.001389
AMR 30-Apr-95 32.31 31-Dec-95 17 3.13 3.27 -0.004333
CSX 30-Apr-95 40.13 31-Dec-95 18 3.45 3.48 -0.000748
IBM 30-Apr-95 21.78 31-Dec-95 25 1.87 2.76 -0.040863
INTC 30-Apr-95 11.66 31-Dec-95 41 0.51 0.99 -0.041166
NSC 30-Apr-95 21.54 31-Dec-95 22 1.81 1.82 -0.000464
UAL 30-Apr-95 27.28 31-Dec-95 15 2.56 5.3 -0.10044
UNP 30-Apr-95 54.25 31-Dec-95 18 4.55 4.04 0.009401
USAIR 30-Apr-95 7.13 31-Dec-95 12 -4.65 0.46 -0.71669
XRX 30-Apr-95 19.58 31-Dec-95 15 1.42 1.38 0.002043
DAL 31-Oct-95 33.75 30-Jun-96 14 3.38 4.18 -0.023704
MSFT 31-Oct-95 11.95 30-Jun-96 39 0.38 0.43 -0.004184
AMR 30-Apr-96 46.44 31-Dec-96 16 4.22 4.72 -0.010767
CSX 30-Apr-96 47.12 31-Dec-96 22 3.85 4.01 -0.003396
IBM 30-Apr-96 26.31 31-Dec-96 22 3.04 2.78 0.009882
INTC 30-Apr-96 16.05 31-Dec-96 40 0.56 1.45 -0.055452
NSC 30-Apr-96 27.5 31-Dec-96 23 2 2.03 -0.001091
UAL 30-Apr-96 55.03 31-Dec-96 12 6.13 7.93 -0.032709
UNP 30-Apr-96 67.75 31-Dec-96 17 4.35 3.63 0.010627
USAIR 30-Apr-96 18.88 31-Dec-96 12 1.75 2.62 -0.046081
XRX 30-Apr-96 21.9 31-Dec-96 16 1.75 1.63 0.005479
DAL 31-Oct-96 34.56 30-Jun-97 14 4.96 5.7 -0.021412
MSFT 31-Oct-96 17.25 30-Jun-97 33 0.51 0.66 -0.008696
AMR 30-Apr-97 42.5 31-Dec-97 16 4.89 5.51 -0.014588
CSX 30-Apr-97 46.5 31-Dec-97 19 4.25 3.88 0.007957
IBM 30-Apr-97 34.38 31-Dec-97 24 3.09 3.01 0.002327
INTC 30-Apr-97 33.5 31-Dec-97 41 1.12 1.94 -0.024478
NSC 30-Apr-97 30 31-Dec-97 21 2.17 2.19 -0.000667
UAL 30-Apr-97 73 31-Dec-97 14 8.68 9.97 -0.017671
UNP 30-Apr-97 58.13 31-Dec-97 19 3.9 2.13 0.030449
USAIR 30-Apr-97 26.88 31-Dec-97 15 3.5 7.52 -0.149554
XRX 30-Apr-97 28.56 31-Dec-97 15 1.9 2.12 -0.007703
DAL 31-Oct-97 53.47 30-Jun-98 13 5.88 6.32 -0.008229
MSFT 31-Oct-97 33.94 30-Jun-98 34 0.79 0.9 -0.003241
AMR 30-Apr-98 76.94 31-Dec-98 14 6.78 7.4 -0.008058
CSX 30-Apr-98 56.38 31-Dec-98 15 4.1 2.42 0.029798
IBM 30-Apr-98 53.13 31-Dec-98 27 3.28 3.3 -0.000376
INTC 30-Apr-98 37.44 31-Dec-98 40 0.79 1.78 -0.026442
NSC 30-Apr-98 35.31 31-Dec-98 16 2.19 1.78 0.011611
UAL 30-Apr-98 93.25 31-Dec-98 14 10.22 10.46 -0.002574
UNP 30-Apr-98 55.63 31-Dec-98 16 2 -0.27 0.040805
USAIR 30-Apr-98 79.75 31-Dec-98 12 5.25 5.6 -0.004389
XRX 30-Apr-98 55.97 31-Dec-98 15 2.3 2.34 -0.000715
DAL 31-Oct-98 43.25 30-Jun-99 11 6.65 7.19 -0.012486
MSFT 31-Oct-98 50.09 30-Jun-99 35 1.08 1.4 -0.006389
AMR 30-Apr-99 69 31-Dec-99 14 5.73 4.49 0.017971
CSX 30-Apr-99 39.5 31-Dec-99 17 2.7 1.59 0.028101
IBM 30-Apr-99 89.69 31-Dec-99 29 3.78 3.7 0.000892
INTC 30-Apr-99 57 31-Dec-99 40 1.16 2.32 -0.020351
NSC 30-Apr-99 27.38 31-Dec-99 17 1.85 0.71 0.041636
UAL 30-Apr-99 82.06 31-Dec-99 13 9.5 10.06 -0.006824
UNP 30-Apr-99 54.75 31-Dec-99 20 2.65 3.2 -0.010046
USAIR 30-Apr-99 55.38 31-Dec-99 13 5.6 0.45 0.092994
XRX 30-Apr-99 56.25 31-Dec-99 19 2.7 1.98 0.0128
DAL 31-Oct-99 51.5 30-Jun-00 14 6.85 .
MSFT 31-Oct-99 91.06 30-Jun-00 34 1.56 .
AMR 30-Apr-00 34.31 31-Dec-00 14 4.15 .
CSX 30-Apr-00 21.06 31-Dec-00 15 2.2 .
IBM 30-Apr-00 105 31-Dec-00 29 4.35 .
INTC 30-Apr-00 119.06 31-Dec-00 37 1.53 .
NSC 30-Apr-00 17.5 31-Dec-00 15 1 .
UAL 30-Apr-00 58.13 31-Dec-00 13 9 .
UNP 30-Apr-00 40.31 31-Dec-00 17 3.95 .
USAIR 30-Apr-00 27.63 31-Dec-00 12 1.59 .
XRX 30-Apr-00 25.75 31-Dec-00 18 1.94 .
DAL 31-Oct-00 . 31-Dec-00 9 7.25 .
MSFT 31-Oct-00 . 30-Jun-01 23 1.91 .
Lower Upper
Mean Stdev Count StdErr t-stat 95% 95%
Eighties
Nineties
Difference
forecast 1yr forecast number of forecast actual forecast
ticker date price end forecasts 1yr eps eps error
USAIR 30-Apr-80 7.13 31-Dec-80 4 1.52 3.59 -0.290323
NSC 30-Apr-80 3.1 31-Dec-80 8 0.65 0.78 -0.041935
DAL 31-Oct-00 . 31-Dec-00 9 7.25 .
MSFT 31-Oct-86 0.24 30-Jun-87 10 0.01 0.02 -0.041667
DAL 31-Oct-94 23.56 30-Jun-95 11 1.35 1.38 -0.001273
DAL 31-Oct-98 43.25 30-Jun-99 11 6.65 7.19 -0.012486
NSC 30-Apr-81 5.51 31-Dec-81 11 0.89 0.97 -0.014519
UNP 30-Apr-80 19.38 31-Dec-80 11 2.15 2.11 0.002064
USAIR 30-Apr-81 21.88 31-Dec-81 11 3.9 2.66 0.056673
XRX 30-Apr-93 13.54 31-Dec-93 11 0.96 0.83 0.009601
CSX 30-Apr-81 8.98 31-Dec-81 12 1.37 1.49 -0.013363
UAL 30-Apr-96 55.03 31-Dec-96 12 6.13 7.93 -0.032709
USAIR 30-Apr-95 7.13 31-Dec-95 12 -4.65 0.46 -0.71669
USAIR 30-Apr-96 18.88 31-Dec-96 12 1.75 2.62 -0.046081
USAIR 30-Apr-98 79.75 31-Dec-98 12 5.25 5.6 -0.004389
USAIR 30-Apr-00 27.63 31-Dec-00 12 1.59 .
DAL 31-Oct-97 53.47 30-Jun-98 13 5.88 6.32 -0.008229
UAL 30-Apr-99 82.06 31-Dec-99 13 9.5 10.06 -0.006824
UAL 30-Apr-00 58.13 31-Dec-00 13 9.
UNP 30-Apr-81 33.75 31-Dec-81 13 2.63 2.13 0.014815
USAIR 30-Apr-82 15.62 31-Dec-82 13 2.75 2.88 -0.008323
USAIR 30-Apr-99 55.38 31-Dec-99 13 5.6 0.45 0.092994
XRX 30-Apr-92 12.48 31-Dec-92 13 1 0.9 0.008013
XRX 30-Apr-94 16.92 31-Dec-94 13 1.04 1.07 -0.001773
AMR 30-Apr-98 76.94 31-Dec-98 14 6.78 7.4 -0.008058
AMR 30-Apr-99 69 31-Dec-99 14 5.73 4.49 0.017971
AMR 30-Apr-00 34.31 31-Dec-00 14 4.15 .
DAL 31-Oct-80 11.19 30-Jun-81 14 1.44 1.84 -0.035746
DAL 31-Oct-92 27.69 30-Jun-93 14 -1.92 -4.11 0.07909
DAL 31-Oct-95 33.75 30-Jun-96 14 3.38 4.18 -0.023704
DAL 31-Oct-96 34.56 30-Jun-97 14 4.96 5.7 -0.021412
DAL 31-Oct-99 51.5 30-Jun-00 14 6.85 .
UAL 30-Apr-80 3.81 31-Dec-80 14 0.37 0.18 0.049869
UAL 30-Apr-97 73 31-Dec-97 14 8.68 9.97 -0.017671
UAL 30-Apr-98 93.25 31-Dec-98 14 10.22 10.46 -0.002574
XRX 30-Apr-87 11.92 31-Dec-87 14 0.87 0.89 -0.001678
XRX 30-Apr-88 9.33 31-Dec-88 14 1.01 0.98 0.003215
AMR 30-Apr-80 3.69 31-Dec-80 15 -0.23 -2.85 0.710027
CSX 30-Apr-98 56.38 31-Dec-98 15 4.1 2.42 0.029798
CSX 30-Apr-00 21.06 31-Dec-00 15 2.2 .
NSC 30-Apr-00 17.5 31-Dec-00 15 1.
UAL 30-Apr-95 27.28 31-Dec-95 15 2.56 5.3 -0.10044
USAIR 30-Apr-97 26.88 31-Dec-97 15 3.5 7.52 -0.149554
XRX 30-Apr-95 19.58 31-Dec-95 15 1.42 1.38 0.002043
XRX 30-Apr-97 28.56 31-Dec-97 15 1.9 2.12 -0.007703
XRX 30-Apr-98 55.97 31-Dec-98 15 2.3 2.34 -0.000715
AMR 30-Apr-96 46.44 31-Dec-96 16 4.22 4.72 -0.010767
AMR 30-Apr-97 42.5 31-Dec-97 16 4.89 5.51 -0.014588
CSX 30-Apr-82 7.81 31-Dec-82 16 1.58 1.35 0.029449
DAL 31-Oct-81 14.63 30-Jun-82 16 1.88 0.26 0.110731
DAL 31-Oct-93 27.38 30-Jun-94 16 0.78 -1.88 0.097151
NSC 30-Apr-98 35.31 31-Dec-98 16 2.19 1.78 0.011611
UNP 30-Apr-98 55.63 31-Dec-98 16 2 -0.27 0.040805
USAIR 30-Apr-83 31.13 31-Dec-83 16 3.25 3 0.008031
USAIR 30-Apr-94 7.25 31-Dec-94 16 -7.88 -8.62 0.102069
XRX 30-Apr-91 9.98 31-Dec-91 16 0.87 0.79 0.008016
XRX 30-Apr-96 21.9 31-Dec-96 16 1.75 1.63 0.005479
AMR 30-Apr-81 8.94 31-Dec-81 17 0.48 0.13 0.03915
AMR 30-Apr-95 32.31 31-Dec-95 17 3.13 3.27 -0.004333
CSX 30-Apr-91 19.94 31-Dec-91 17 1.82 1.94 -0.006018
CSX 30-Apr-99 39.5 31-Dec-99 17 2.7 1.59 0.028101
DAL 31-Oct-82 16.12 30-Jun-83 17 0.9 -1.09 0.123449
DAL 31-Oct-84 18 30-Jun-85 17 2.75 3.25 -0.027778
NSC 30-Apr-99 27.38 31-Dec-99 17 1.85 0.71 0.041636
UAL 30-Apr-81 7.16 31-Dec-81 17 0.59 -0.6 0.166201
UAL 30-Apr-83 8.5 31-Dec-83 17 0.82 0.97 -0.017647
UAL 30-Apr-90 38.88 31-Dec-90 17 2.63 1.35 0.032922
UNP 30-Apr-82 18.69 31-Dec-82 17 2.38 1.69 0.036918
UNP 30-Apr-96 67.75 31-Dec-96 17 4.35 3.63 0.010627
UNP 30-Apr-00 40.31 31-Dec-00 17 3.95 .
USAIR 30-Apr-93 22.63 31-Dec-93 17 -1.75 -5.02 0.144498
XRX 30-Apr-86 10.98 31-Dec-86 17 0.89 0.75 0.01275
XRX 30-Apr-89 10.77 31-Dec-89 17 1.05 1.09 -0.003714
XRX 30-Apr-90 9.08 31-Dec-90 17 1.08 0.93 0.01652
AMR 30-Apr-82 7.25 31-Dec-82 18 0.75 -0.47 0.168276
CSX 30-Apr-92 30 31-Dec-92 18 2.27 2.29 -0.000667
CSX 30-Apr-95 40.13 31-Dec-95 18 3.45 3.48 -0.000748
DAL 31-Oct-91 35 30-Jun-92 18 1.5 -4.92 0.183429
NSC 30-Apr-82 5.32 31-Dec-82 18 1.08 0.73 0.065789
UAL 30-Apr-82 5.22 31-Dec-82 18 0.28 0.09 0.036398
UNP 30-Apr-91 40.69 31-Dec-91 18 3.19 3.16 0.000737
UNP 30-Apr-92 48.63 31-Dec-92 18 3.6 3.37 0.00473
UNP 30-Apr-95 54.25 31-Dec-95 18 4.55 4.04 0.009401
USAIR 30-Apr-84 28.25 31-Dec-84 18 4.25 4.92 -0.023717
USAIR 30-Apr-92 14.75 31-Dec-92 18 -2 -5.83 0.259661
XRX 30-Apr-81 9.98 31-Dec-81 18 1.33 1.16 0.017034
XRX 30-Apr-83 6.83 31-Dec-83 18 0.74 0.74 0
XRX 30-Apr-84 6.62 31-Dec-84 18 0.85 0.56 0.043807
XRX 30-Apr-00 25.75 31-Dec-00 18 1.94 .
CSX 30-Apr-97 46.5 31-Dec-97 19 4.25 3.88 0.007957
DAL 31-Oct-86 24.94 30-Jun-87 19 1.9 3.06 -0.046512
NSC 30-Apr-83 6.46 31-Dec-83 19 0.74 0.63 0.017028
UAL 30-Apr-84 8.13 31-Dec-84 19 1.25 1.71 -0.056581
UAL 30-Apr-92 32.09 31-Dec-92 19 1.5 -3.55 0.15737
UNP 30-Apr-83 25.63 31-Dec-83 19 2.17 1.2 0.037846
UNP 30-Apr-85 23.69 31-Dec-85 19 2.27 2.09 0.007598
UNP 30-Apr-97 58.13 31-Dec-97 19 3.9 2.13 0.030449
USAIR 30-Apr-85 32.75 31-Dec-85 19 4.51 4.04 0.014351
XRX 30-Apr-85 7.79 31-Dec-85 19 0.72 0.58 0.017972
XRX 30-Apr-99 56.25 31-Dec-99 19 2.7 1.98 0.0128
AMR 30-Apr-83 13.44 31-Dec-83 20 1.25 2.1 -0.063244
AMR 30-Apr-84 16.75 31-Dec-84 20 2.6 2.19 0.024478
AMR 30-Apr-93 34.56 31-Dec-93 20 1.25 -0.6 0.05353
AMR 30-Apr-94 28.38 31-Dec-94 20 2.07 2.27 -0.007047
DAL 31-Oct-87 25 30-Jun-88 20 2.8 2.71 0.0036
INTC 30-Apr-80 0.58 31-Dec-80 20 0.02 0.05 -0.051724
NSC 30-Apr-91 15.08 31-Dec-91 20 1.22 1.19 0.001989
NSC 30-Apr-92 20.62 31-Dec-92 20 1.4 1.36 0.00194
NSC 30-Apr-93 21.5 31-Dec-93 20 1.52 1.44 0.003721
UAL 30-Apr-88 21.13 31-Dec-88 20 0.79 3.17 -0.112636
UNP 30-Apr-86 27.06 31-Dec-86 20 2.16 2.1 0.002217
UNP 30-Apr-93 65.13 31-Dec-93 20 4.05 3.73 0.004913
UNP 30-Apr-94 57.88 31-Dec-94 20 4.23 4.05 0.00311
UNP 30-Apr-99 54.75 31-Dec-99 20 2.65 3.2 -0.010046
XRX 30-Apr-80 8.4 31-Dec-80 20 1.23 1.2 0.003571
XRX 30-Apr-82 6.5 31-Dec-82 20 1.18 0.74 0.067692
AMR 30-Apr-92 34.94 31-Dec-92 21 2.17 -1.85 0.115054
CSX 30-Apr-83 10.27 31-Dec-83 21 1.08 1.03 0.004869
CSX 30-Apr-93 37.13 31-Dec-93 21 2.65 2.29 0.009696
CSX 30-Apr-94 40.5 31-Dec-94 21 3.05 2.92 0.00321
DAL 31-Oct-90 28.69 30-Jun-91 21 1.65 -4.08 0.199721
IBM 30-Apr-80 12.78 31-Dec-80 21 1.46 1.52 -0.004695
NSC 30-Apr-85 7.31 31-Dec-85 21 0.89 0.85 0.005472
NSC 30-Apr-97 30 31-Dec-97 21 2.17 2.19 -0.000667
UAL 30-Apr-85 11.16 31-Dec-85 21 1.75 -1.05 0.250896
UAL 30-Apr-89 30.94 31-Dec-89 21 4.36 3.74 0.020039
UAL 30-Apr-93 35.91 31-Dec-93 21 0.63 -0.41 0.028961
UAL 30-Apr-94 31.72 31-Dec-94 21 1.56 2.23 -0.021122
UNP 30-Apr-84 23.5 31-Dec-84 21 2.25 2.01 0.010213
UNP 30-Apr-89 33.88 31-Dec-89 21 2.9 2.81 0.002656
UNP 30-Apr-90 34.56 31-Dec-90 21 2.9 3.09 -0.005498
USAIR 30-Apr-87 40.63 31-Dec-87 21 3.75 5.28 -0.037657
USAIR 30-Apr-90 29.25 31-Dec-90 21 1 -10.84 0.404786
USAIR 30-Apr-91 18.75 31-Dec-91 21 -3.5 -7.65 0.221333
AMR 30-Apr-85 21.13 31-Dec-85 22 2.55 2.97 -0.019877
CSX 30-Apr-96 47.12 31-Dec-96 22 3.85 4.01 -0.003396
DAL 31-Oct-85 19.88 30-Jun-86 22 2.95 0.59 0.118712
DAL 31-Oct-88 24.81 30-Jun-89 22 3.36 4.88 -0.061266
IBM 30-Apr-81 15 31-Dec-81 22 1.7 1.41 0.019333
IBM 30-Apr-96 26.31 31-Dec-96 22 3.04 2.78 0.009882
INTC 30-Apr-81 0.82 31-Dec-81 22 0.01 0.01 0
NSC 30-Apr-95 21.54 31-Dec-95 22 1.81 1.82 -0.000464
UNP 30-Apr-88 34.19 31-Dec-88 22 2.7 2.83 -0.003802
USAIR 30-Apr-88 35.88 31-Dec-88 22 4.36 3.81 0.015329
AMR 30-Apr-87 25.56 31-Dec-87 23 2.5 1.64 0.033646
AMR 30-Apr-88 21.5 31-Dec-88 23 2.25 3.96 -0.079535
AMR 30-Apr-89 31.56 31-Dec-89 23 4.11 3.58 0.016793
CSX 30-Apr-85 12.06 31-Dec-85 23 1.75 1.46 0.024046
DAL 31-Oct-83 18 30-Jun-84 23 1.5 2.21 -0.039444
DAL 31-Oct-89 33.94 30-Jun-90 23 4.25 2.81 0.042428
INTC 30-Apr-82 0.66 31-Dec-82 23 0.01 0.01 0
MSFT 31-Oct-87 0.99 30-Jun-88 23 0.03 0.03 0
MSFT 31-Oct-00 . 30-Jun-01 23 1.91 .
NSC 30-Apr-84 6.49 31-Dec-84 23 0.81 0.85 -0.006163
NSC 30-Apr-86 10.25 31-Dec-86 23 0.92 0.89 0.002927
NSC 30-Apr-96 27.5 31-Dec-96 23 2 2.03 -0.001091
UAL 30-Apr-87 17.59 31-Dec-87 23 1 0.16 0.047754
UAL 30-Apr-91 39.75 31-Dec-91 23 1.5 -3.6 0.128302
UNP 30-Apr-87 35.31 31-Dec-87 23 2.5 2.45 0.001416
USAIR 30-Apr-89 44.75 31-Dec-89 23 4.6 -1.71 0.141006
CSX 30-Apr-84 11.25 31-Dec-84 24 1.6 1.57 0.002667
CSX 30-Apr-86 18.25 31-Dec-86 24 1.75 1.37 0.020822
CSX 30-Apr-90 16.63 31-Dec-90 24 1.81 1.99 -0.010824
IBM 30-Apr-97 34.38 31-Dec-97 24 3.09 3.01 0.002327
NSC 30-Apr-94 20.67 31-Dec-94 24 1.63 1.63 0
CSX 30-Apr-89 16.13 31-Dec-89 25 1.9 2.01 -0.00682
IBM 30-Apr-93 12.25 31-Dec-93 25 0.2 -0.02 0.017959
IBM 30-Apr-95 21.78 31-Dec-95 25 1.87 2.76 -0.040863
NSC 30-Apr-87 10.08 31-Dec-87 25 0.89 0.3 0.058532
NSC 30-Apr-88 9.75 31-Dec-88 25 0.95 1.17 -0.022564
NSC 30-Apr-89 10.92 31-Dec-89 25 1.25 1.19 0.005495
USAIR 30-Apr-86 37.13 31-Dec-86 25 3.82 3.25 0.015351
AMR 30-Apr-86 29.94 31-Dec-86 26 2.65 1.94 0.023714
AMR 30-Apr-90 32.25 31-Dec-90 26 2.5 -0.33 0.087752
CSX 30-Apr-87 16.06 31-Dec-87 26 1.46 1.35 0.006849
NSC 30-Apr-90 12.87 31-Dec-90 26 1.22 1.2 0.001554
UAL 30-Apr-86 15.25 31-Dec-86 26 1.13 -0.24 0.089836
AMR 30-Apr-91 31.75 31-Dec-91 27 0.9 -1.44 0.073701
CSX 30-Apr-88 15.5 31-Dec-88 27 1.62 0.57 0.067742
IBM 30-Apr-98 53.13 31-Dec-98 27 3.28 3.3 -0.000376
MSFT 31-Oct-88 0.74 30-Jun-89 27 0.04 0.04 0
IBM 30-Apr-82 15.91 31-Dec-82 29 1.71 1.85 -0.008799
IBM 30-Apr-99 89.69 31-Dec-99 29 3.78 3.7 0.000892
IBM 30-Apr-00 105 31-Dec-00 29 4.35 .
INTC 30-Apr-83 1.01 31-Dec-83 29 0.01 0.04 -0.029703
INTC 30-Apr-84 1.38 31-Dec-84 29 0.04 0.07 -0.021739
IBM 30-Apr-83 27.19 31-Dec-83 30 2.13 2.26 -0.004781
IBM 30-Apr-91 27.47 31-Dec-91 31 2.37 0.92 0.052785
IBM 30-Apr-94 13.09 31-Dec-94 31 0.54 1.23 -0.052712
INTC 30-Apr-92 3.27 31-Dec-92 32 0.13 0.31 -0.055046
MSFT 31-Oct-89 1.12 30-Jun-90 32 0.05 0.07 -0.017857
INTC 30-Apr-88 2.03 31-Dec-88 33 0.06 0.16 -0.049261
MSFT 31-Oct-96 17.25 30-Jun-97 33 0.51 0.66 -0.008696
MSFT 31-Oct-90 1.57 30-Jun-91 34 0.08 0.1 -0.012739
MSFT 31-Oct-97 33.94 30-Jun-98 34 0.79 0.9 -0.003241
MSFT 31-Oct-99 91.06 30-Jun-00 34 1.56 .
INTC 30-Apr-89 1.84 31-Dec-89 35 0.06 0.14 -0.043478
MSFT 31-Oct-98 50.09 30-Jun-99 35 1.08 1.4 -0.006389
IBM 30-Apr-92 22.06 31-Dec-92 36 1.75 0.59 0.052584
INTC 30-Apr-85 1.22 31-Dec-85 36 0.02 0 0.016393
INTC 30-Apr-86 1.21 31-Dec-86 36 0 -0.1 0.082645
INTC 30-Apr-87 1.7 31-Dec-87 36 0.02 0.06 -0.023529
INTC 30-Apr-90 2.56 31-Dec-90 36 0.09 0.2 -0.042969
INTC 30-Apr-93 7.05 31-Dec-93 36 0.27 0.65 -0.053901
IBM 30-Apr-84 27.78 31-Dec-84 37 2.62 2.69 -0.00252
IBM 30-Apr-85 32.41 31-Dec-85 37 2.94 2.67 0.008331
INTC 30-Apr-91 3.42 31-Dec-91 37 0.11 0.24 -0.038012
INTC 30-Apr-00 119.06 31-Dec-00 37 1.53 .
MSFT 31-Oct-91 3.78 30-Jun-92 37 0.14 0.15 -0.002646
MSFT 31-Oct-94 7.2 30-Jun-95 37 0.29 0.3 -0.001389
IBM 30-Apr-86 38.69 31-Dec-86 38 3 1.95 0.027139
IBM 30-Apr-90 27.47 31-Dec-90 39 2.5 2.63 -0.004732
MSFT 31-Oct-95 11.95 30-Jun-96 39 0.38 0.43 -0.004184
IBM 30-Apr-87 37.03 31-Dec-87 40 2.19 2.18 0.00027
INTC 30-Apr-96 16.05 31-Dec-96 40 0.56 1.45 -0.055452
INTC 30-Apr-98 37.44 31-Dec-98 40 0.79 1.78 -0.026442
INTC 30-Apr-99 57 31-Dec-99 40 1.16 2.32 -0.020351
INTC 30-Apr-95 11.66 31-Dec-95 41 0.51 0.99 -0.041166
INTC 30-Apr-97 33.5 31-Dec-97 41 1.12 1.94 -0.024478
MSFT 31-Oct-92 5.22 30-Jun-93 41 0.19 0.2 -0.001916
IBM 30-Apr-89 28.09 31-Dec-89 42 2.65 1.62 0.036668
MSFT 31-Oct-93 5.2 30-Jun-94 42 0.23 0.25 -0.003846
INTC 30-Apr-94 7.97 31-Dec-94 43 0.37 0.74 -0.046424
IBM 30-Apr-88 29.03 31-Dec-88 44 2.45 2.32 0.004478
1yr 1yr 1yr
forecast forecast broker 1yr out actual
ticker date end code broker name analyst forecast eps
AMR 2-Apr-87 1-Dec-87 100 Credit Suisse First Boston 5499 2.125 1.64
AMR 17-Apr-89 1-Dec-89 100 Credit Suisse First Boston 371 4.25 3.58
AMR 18-Apr-96 1-Dec-96 100 Credit Suisse First Boston 10271 4.65 4.72
AMR 4-Apr-97 1-Dec-97 100 Credit Suisse First Boston 43538 4.81 5.51
AMR 17-Apr-98 1-Dec-98 100 Credit Suisse First Boston 43538 7.4 7.4
CSX 10-Apr-85 1-Dec-85 100 Credit Suisse First Boston 7434 1.75 1.46
CSX 10-Apr-86 1-Dec-86 100 Credit Suisse First Boston 7434 1.85 1.37
CSX 21-Apr-93 1-Dec-93 100 Credit Suisse First Boston 846 2.5 2.29
CSX 18-Apr-94 1-Dec-94 100 Credit Suisse First Boston 846 2.9 2.92
CSX 23-Apr-98 1-Dec-98 100 Credit Suisse First Boston 9906 3.85 2.42
DAL 13-Oct-88 1-Jun-89 100 Credit Suisse First Boston 371 3.35 4.88
DAL 11-Oct-90 1-Jun-91 100 Credit Suisse First Boston 371 0.8 -4.08
DAL 28-Oct-97 1-Jun-98 100 Credit Suisse First Boston 43538 5.93 6.32
IBM 10-Apr-86 1-Dec-86 100 Credit Suisse First Boston 8065 2.9375 1.95
IBM 30-Apr-87 1-Dec-87 100 Credit Suisse First Boston 8065 2.125 2.18
IBM 26-Apr-94 1-Dec-94 100 Credit Suisse First Boston 7104 0.5 1.23
INTC 2-Apr-87 1-Dec-87 100 Credit Suisse First Boston 177 0.04 0.06
INTC 21-Apr-88 1-Dec-88 100 Credit Suisse First Boston 177 0.1463 0.16
INTC 7-Apr-93 1-Dec-93 100 Credit Suisse First Boston 177 0.6163 0.65
INTC 20-Apr-94 1-Dec-94 100 Credit Suisse First Boston 177 0.7638 0.74
INTC 12-Apr-95 1-Dec-95 100 Credit Suisse First Boston 177 0.9988 0.99
INTC 25-Apr-97 1-Dec-97 100 Credit Suisse First Boston 177 2.32 1.94
INTC 1-Apr-98 1-Dec-98 100 Credit Suisse First Boston 177 1.715 1.78
INTC 14-Apr-99 1-Dec-99 100 Credit Suisse First Boston 0 2.32 2.32
MSFT 8-Oct-91 1-Jun-92 100 Credit Suisse First Boston 1206 0.1463 0.15
MSFT 21-Oct-97 1-Jun-98 100 Credit Suisse First Boston 10438 0.825 0.9
MSFT 21-Oct-98 1-Jun-99 100 Credit Suisse First Boston 5668 1.2 1.4
NSC 10-Apr-86 1-Dec-86 100 Credit Suisse First Boston 7434 1.01 0.89
NSC 21-Apr-93 1-Dec-93 100 Credit Suisse First Boston 846 1.4833 1.44
USAIR 16-Apr-86 1-Dec-86 100 Credit Suisse First Boston 5499 3.82 3.25
USAIR 17-Apr-89 1-Dec-89 100 Credit Suisse First Boston 371 5.3 -1.71
UAL 16-Apr-86 1-Dec-86 100 Credit Suisse First Boston 5499 1 -0.24
UAL 26-Apr-95 1-Dec-95 100 Credit Suisse First Boston 371 3.5 5.3
UAL 25-Apr-96 1-Dec-96 100 Credit Suisse First Boston 10271 6.6375 7.93
UNP 10-Apr-86 1-Dec-86 100 Credit Suisse First Boston 7434 2.5 2.1
UNP 11-Apr-91 1-Dec-91 100 Credit Suisse First Boston 846 3.05 3.16
UNP 23-Apr-99 1-Dec-99 100 Credit Suisse First Boston 9906 2.95 3.2
1yr 1yr
forecast broker 1yr out actual
price error code broker name analyst forecast eps price
25.56 0.018975 118 Goldman Sachs 367 2.5 1.64 25.56
31.56 0.021229 118 Goldman Sachs 5239 4.5 3.58 31.56
46.44 -0.001507 118 Goldman Sachs 31345 5.6 4.72 46.44
42.5 -0.016471 118 Goldman Sachs 31345 5.35 5.51 42.5
76.94 0 118 Goldman Sachs 31345 7.425 7.4 76.94
12.06 0.024046 118 Goldman Sachs 367 1.65 1.46 12.06
18.25 0.026301 118 Goldman Sachs 367 1.75 1.37 18.25
37.13 0.005656 118 Goldman Sachs 379 2.625 2.29 37.13
40.5 -0.000494 118 Goldman Sachs 379 3 2.92 40.5
56.38 0.025364 118 Goldman Sachs 379 3.3 2.42 56.38
24.81 -0.061669 118 Goldman Sachs 5239 3.65 4.88 24.81
28.69 0.170094 118 Goldman Sachs 31345 0.1 -4.08 28.69
53.47 -0.007294 118 Goldman Sachs 31345 5.675 6.32 53.47
38.69 0.025523 118 Goldman Sachs 681 3 1.95 38.69
37.03 -0.001485 118 Goldman Sachs 681 2.375 2.18 37.03
13.09 -0.055768 118 Goldman Sachs 1765 0.75 1.23 13.09
1.7 -0.011765 118 Goldman Sachs 169 0.0163 0.06 1.7
2.03 -0.006749 118 Goldman Sachs 169 0.1538 0.16 2.03
7.05 -0.00478 118 Goldman Sachs 169 0.6438 0.65 7.05
7.97 0.002986 118 Goldman Sachs 169 0.8563 0.74 7.97
11.66 0.000755 118 Goldman Sachs 169 1 0.99 11.66
33.5 0.011343 118 Goldman Sachs 169 2.325 1.94 33.5
37.44 -0.001736 118 Goldman Sachs 9742 1.6 1.78 37.44
57 0 118 Goldman Sachs 9742 2.3 2.32 57
3.78 -0.000979 118 Goldman Sachs 7586 0.1463 0.15 3.78
33.94 -0.00221 118 Goldman Sachs 7586 0.82 0.9 33.94
50.09 -0.003993 118 Goldman Sachs 7586 1.175 1.4 50.09
10.25 0.011707 118 Goldman Sachs 367 0.8933 0.89 10.25
21.5 0.002014 118 Goldman Sachs 379 1.4833 1.44 21.5
37.13 0.015351 118 Goldman Sachs 367 3.97 3.25 37.13
44.75 0.156648 118 Goldman Sachs 5239 6 -1.71 44.75
15.25 0.081311 118 Goldman Sachs 367 0.875 -0.24 15.25
27.28 -0.065982 118 Goldman Sachs 31345 3.75 5.3 27.28
55.03 -0.023487 118 Goldman Sachs 31345 6.8375 7.93 55.03
27.06 0.014782 118 Goldman Sachs 367 2.15 2.1 27.06
40.69 -0.002703 118 Goldman Sachs 379 3.17 3.16 40.69
54.75 -0.004566 118 Goldman Sachs 379 2.85 3.2 54.75
1yr
forecast
error
0.033646
0.029151
0.018949
-0.003765
0.000325
0.015755
0.020822
0.009022
0.001975
0.015608
-0.049577
0.145695
-0.012063
0.027139
0.005266
-0.036669
-0.025706
-0.003054
-0.000879
0.014592
0.000858
0.011493
-0.004808
-0.000351
-0.000979
-0.002357
-0.004492
0.000322
0.002014
0.019391
0.172291
0.073115
-0.056818
-0.019853
0.001848
0.000246
-0.006393