1. The budget package was consistent with those of recent years in that it was based on some fairly optimistic projections concerning the future development of the economy. 2. Analysts said the budget was also based on several highly optimistic projections. 3. And even the most optimistic projections are that most of that work, if done at all, will be undertaken some time in the next century. 4. Because overly optimistic projections inflate stock prices, new stocks are doomed to underperform the overall market when they disappoint. 5. Also, sales of nuclear fuel have fallen short of early, optimistic projections, because of strong public opposition to the construction of new nuclear power plants. 6. But Hill, of First Call, warned against overly optimistic projections of profit growth. 7. But skeptics in the Legislature who have reviewed the plan said it relied on quite optimistic projections of attendance. 8. By this most optimistic projection, the Fed would need to stimulate the economy to keep prices from falling precipitously. 9. Contrary to optimistic early projections, cable television in Mexico has grown slowly, mainly because prices for services are beyond the reach of most Mexican families. 10. Despite his optimistic projections for the proposed mall and entertainment project, Wilcox of Economic Research Associates also has doubts. |
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