F5 Networks, Inc. (FFIV) Message Board

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Technology Stocks : F5 Networks, Inc. (FFIV)

FFIV 252.94

-1.5%

Oct 31 3:59 PM EST

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To: JakeStraw who wrote (1673)	9/9/2009 11:32:20 AM
From: Moonray	of 1801

Ahead of the Bell: F5 Networks sees rebound Wednesday September 9, 2009, 9:03 am EDT F5 Networks seeing faster rebound in sales than anticipated, Deutsche Bank says NEW YORK (AP) -- F5 Networks Inc. is experiencing a faster-than-expected rebound in sales, a Deutsche Bank analyst said late Tuesday, upgrading shares to "Buy" from "Hold." Deutsche Bank analyst Brian Modoff said his checks show F5 Networks' biggest-spending customers in the technology, government, financial services and telecommunications industries are placing more orders than anticipated for the company's computer networking products. The company makes equipment for managing network traffic. Modoff added that "the competitive landscape continues to favor F5." Cisco Systems Inc. and Citrix Systems Inc. are focused on mid-range data center and networking equipment, he said, leaving F5 "ample room for growth at the high-end of the market." Modoff raised his price target for the stock to $46 from $39. Shares edged up 62 cents to $38.10 in premarket trading. o~~~ O

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